SLB (NYSE: SLB) CEO Le Peuch gets 12,011-share PSU award, 4,727 shares withheld for taxes

Rhea-AI Filing Summary

SLB LIMITED/NV Chief Executive Officer Olivier Le Peuch reported routine equity compensation activity. On March 13, he acquired 12,011 shares of common stock as a grant or award at no purchase price. On the same date, 4,727 shares were disposed of at $44.22 per share to cover tax obligations.

These shares relate to performance share units granted on January 18, 2023, which vested based on three-year company performance versus key competitors. After competitors’ 2025 audited results were finalized, 12,011 shares were certified as finally earned under the award. Following these transactions, Le Peuch directly holds 1,441,328 common shares.

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

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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^*

Le Peuch Olivier

(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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

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		12,011(1)	A	$0	1,446,055	D
Common Stock, $0.01 Par Value Per Share	03/13/2026		F		4,727	D	$44.22	1,441,328	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.
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FAQ

What insider transactions did SLB (SLB) CEO Olivier Le Peuch report on March 13, 2026?

Olivier Le Peuch reported an equity award and tax withholding. He acquired 12,011 SLB common shares as a grant and 4,727 shares were disposed of at $44.22 per share to satisfy tax obligations tied to this compensation.

How many SLB (SLB) shares does CEO Olivier Le Peuch hold after this Form 4?

After the reported transactions, Olivier Le Peuch directly holds 1,441,328 SLB common shares. This reflects the net position following the 12,011-share award and 4,727-share tax-withholding disposition on March 13 related to previously granted performance share units.

What is the nature of the 12,011 SLB shares acquired by CEO Olivier Le Peuch?

The 12,011 SLB shares represent stock delivered under performance share units granted January 18, 2023. Vesting depended on three-year company performance versus key competitors, and these shares were finally determined to have been earned once 2025 audited results were available.

Why were 4,727 SLB (SLB) shares disposed of at $44.22 in this filing?

The 4,727 shares disposed of at $44.22 per share represent tax-withholding shares. They were used to pay tax liabilities associated with the vesting and share delivery from the performance-based equity award granted to CEO Olivier Le Peuch.

How were SLB CEO Olivier Le Peuch’s performance share units determined and settled?

Performance share units were granted on January 18, 2023, with vesting based on three-year performance versus key competitors. Initially, 80% of earned shares were issued before all 2025 results. By March 13, 2026, final competitor data allowed settlement of the remaining 12,011 earned shares.