STOCK TITAN

SLB CFO (NYSE: SLB) gets performance share award, settles tax with shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

SLB LIMITED/NV EVP & CFO Stephane Biguet reported routine equity compensation activity. On March 13, 2026, he acquired 3,504 shares of common stock as a grant valued at $0.00 per share, reflecting performance share units finally determined to have been earned from a 2023 award tied to three-year company performance versus key competitors.

On the same date, 1,379 shares were disposed of at $44.22 per share to cover tax obligations, leaving him with 157,673 shares owned directly after these transactions. These events represent compensation vesting and related tax withholding rather than open‑market trading.

Positive

  • None.

Negative

  • None.
Insider Biguet Stephane
Role EVP & CFO
Type Security Shares Price Value
Grant/Award Common Stock, $0.01 Par Value Per Share 3,504 $0.00 --
Tax Withholding Common Stock, $0.01 Par Value Per Share 1,379 $44.22 $61K
Holdings After Transaction: Common Stock, $0.01 Par Value Per Share — 159,052 shares (Direct)
Footnotes (1)
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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Biguet Stephane

(Last) (First) (Middle)
5599 SAN FELIPE, 17TH FLOOR

(Street)
HOUSTON TX 77056

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
SLB LIMITED/NV [ SLB ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP & CFO
3. Date of Earliest Transaction (Month/Day/Year)
03/13/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, $0.01 Par Value Per Share 03/13/2026 A 3,504(1) A $0 159,052 D
Common Stock, $0.01 Par Value Per Share 03/13/2026 F 1,379 D $44.22 157,673 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. The Company granted performance share units ("PSUs") to the reporting person on January 18, 2023. Vesting of the PSUs was based on three-year Company performance relative to select key competitors. Most of these competitors had not reported their 2025 audited financial results when the Company's compensation committee met in January 2026 to certify performance under the PSUs. As a result, the Company's compensation committee approved the issuance of 80% of the shares that the committee determined had been earned according to the information available to the committee at the time. As of March 13, 2026, all such competitors had reported their 2025 audited financial results. Shares of common stock reported hereunder represent shares finally determined to have been earned under the PSUs.
/s/ LaToyia Tilley, Attorney-in-Fact 03/17/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did SLB (SLB) report for Stephane Biguet?

SLB reported that EVP & CFO Stephane Biguet received a grant of 3,504 common shares and had 1,379 shares withheld for taxes on March 13, 2026. These transactions reflect equity compensation vesting rather than open-market buying or selling activity.

Was the SLB (SLB) insider transaction by CFO Stephane Biguet a stock purchase or sale?

The activity was not an open-market purchase or sale. Biguet received 3,504 shares as an equity award and 1,379 shares were disposed of to satisfy tax liabilities, a standard withholding mechanism associated with vesting performance-based stock awards.

How many SLB (SLB) shares does CFO Stephane Biguet hold after the Form 4 filing?

After the reported grant and tax withholding transactions, Stephane Biguet directly holds 157,673 shares of SLB common stock. This total reflects his position following the March 13, 2026 vesting and related tax settlement, as disclosed in the Form 4 data.

What is the origin of the SLB (SLB) shares granted to CFO Stephane Biguet?

The granted shares come from performance share units awarded on January 18, 2023. Vesting depended on three-year company performance versus selected competitors, with the March 13, 2026 shares representing the portion finally determined to have been earned under that program.

At what price were the tax-withheld SLB (SLB) shares valued in Biguet’s Form 4?

The 1,379 shares withheld to cover tax liabilities were valued at a transaction price of $44.22 per share. This price applies only to the tax-withholding disposition and does not represent an open-market sale executed by Stephane Biguet.

What does the Form 4 say about SLB (SLB) performance share units for Stephane Biguet?

The Form 4 notes performance share units granted in January 2023, with vesting based on three-year company performance against key competitors. After competitors reported 2025 audited results, the March 13, 2026 shares were certified as finally earned under that PSU award.