SLB CEO receives 12,011-share award, withholds for tax
SLB LIMITED/NV Chief Executive Officer Olivier Le Peuch reported routine equity compensation activity.
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.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, $0.01 Par Value Per Share | 12,011 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock, $0.01 Par Value Per Share | 4,727 | $44.22 | $209K |
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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What insider transactions did SLB (SLB) CEO Olivier Le Peuch report on March 13, 2026?
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