SLB (SLB) EVP Abdellah Merad settles 15,780 RSUs, withholds 6,377 shares
Rhea-AI Filing Summary
SLB LIMITED/NV executive Abdellah Merad reported routine equity compensation activity. On January 18, 2026, 15,780 restricted stock units vested and were settled into an equal number of SLB common shares at an exercise price of $0. On the same date, 6,377 shares of common stock were disposed of at $46.65 per share in a transaction coded "F," indicating shares withheld to cover taxes.
After these transactions, Merad directly owned 169,135 shares of SLB common stock. This total includes 361 shares acquired under SLB’s discounted stock purchase plan for the period ended December 31, 2025. The reported RSU award was originally granted on January 18, 2023 and vested in full on January 18, 2026.
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FAQ
What insider transaction did SLB (SLB) report for Abdellah Merad?
SLB reported that EVP, Core Services & Equipment, Abdellah Merad had 15,780 restricted stock units vest and convert into common shares, and 6,377 shares were withheld in a tax-related transaction coded "F" at $46.65 per share.
How many SLB shares does Abdellah Merad own after this Form 4?
Following the reported transactions, Abdellah Merad directly beneficially owned 169,135 shares of SLB common stock.
What happened to the 15,780 RSUs reported for SLB EVP Abdellah Merad?
The 15,780 RSUs vested on January 18, 2026 and were settled into 15,780 shares of SLB common stock at an exercise price of $0, as shown by the transaction code "M".
Why were 6,377 SLB shares disposed of at $46.65 in this Form 4?
The disposal of 6,377 shares at $46.65 per share is coded "F", indicating shares were withheld to pay taxes in connection with the RSU vesting.
When was the RSU award to SLB EVP Abdellah Merad originally granted and when did it vest?
According to the footnotes, the RSU award was granted on January 18, 2023 and vested 100% on January 18, 2026.
Does Abdellah Merad hold any SLB shares from the discounted stock purchase plan?
Yes. The holdings include 361 shares acquired under the SLB discounted stock purchase plan for the period ended December 31, 2025.
Is this SLB Form 4 transaction a derivative or non-derivative security event?
The filing shows both: a derivative transaction where 15,780 RSUs were converted (code "M"), and non-derivative common stock transactions, including RSU settlement and 6,377 shares withheld for taxes (code "F").