SLB (NYSE: SLB) legal chief receives PSU stock award, pays taxes
Rhea-AI Filing Summary
SLB LIMITED/NV Chief Legal Officer & Secretary Dianne B. Ralston received an award of 3,203 shares of common stock on March 13, 2026, with no purchase price listed. On the same date, 1,261 shares were withheld at $44.22 per share to cover tax obligations.
After these compensation-related transactions, she directly holds 226,039 shares of SLB common stock. The awarded shares relate to performance share units granted on January 18, 2023, whose vesting was tied to three-year company performance versus key competitors. The shares reported here represent the final amount earned under those PSUs after all competitors’ 2025 audited results were available.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,942 shares
Net Buy
2 txns
Insider
Ralston Dianne B.
Role
Chief Legal Officer & Sec
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, $0.01 Par Value Per Share | 3,203 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock, $0.01 Par Value Per Share | 1,261 | $44.22 | $56K |
Holdings After Transaction:
Common Stock, $0.01 Par Value Per Share — 226,039 shares (Direct)
Footnotes (1)
- F1. 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.
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FAQ
What insider transactions did SLB (SLB) report for Dianne B. Ralston?
SLB reported that Chief Legal Officer & Secretary Dianne B. Ralston received an award of 3,203 shares of common stock, with 1,261 shares withheld to cover taxes. Following these compensation-related entries, she directly owns 226,039 SLB common shares.
Were the SLB Form 4 transactions open-market buys or sells?
The Form 4 shows no open-market buys or sells. It records a 3,203-share stock award and a 1,261-share tax-withholding disposition, both tied to vested performance share units, rather than discretionary trading in SLB shares.