SLB CEO sells $2.1M in stock under preset plan
Rhea-AI Filing Summary
SLB LIMITED/NV (SLB) reported that Chief Executive Officer and director Olivier Le Peuch sold 35,000 shares of common stock on 2026-09-01 at $60.00 per share in an open-market or private transaction. Following this sale, he directly holds 1,296,328 shares of SLB common stock. The sale was executed under a Rule 10b5-1 trading plan adopted on May 27, 2026.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 35,000 shares
Net Sell
1 txn
Insider
Le Peuch Olivier
Role
Chief Executive Officer
Sold
35,000 shs ($2.10M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, $0.01 Par Value Per Share F1 | 35,000 | $60.00 | $2.10M |
Holdings After Transaction:
Common Stock, $0.01 Par Value Per Share — 1,296,328 shares (Direct)
Footnotes (1)
- F1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 27, 2026.
Key Figures
Shares sold: 35,000 shares
Sale price per share: $60.00 per share
Approximate sale value: $2,100,000
+2 more
5 metrics
Shares sold
35,000 shares
Common Stock sale on 2026-09-01 by CEO Olivier Le Peuch
Sale price per share
$60.00 per share
Price for the 35,000 SLB shares sold on 2026-09-01
Approximate sale value
$2,100,000
35,000 shares sold at $60.00 per share
Shares owned after transaction
1,296,328 shares
Direct holdings of Olivier Le Peuch following the sale
Reported sale transactions
1 transaction
Form 4 transaction summary for 2026-09-01
Key Terms
Rule 10b5-1 trading plan, open market or private transaction, Common Stock, $0.01 Par Value Per Share, acquired_disposed_code
4 terms
Rule 10b5-1 trading plan regulatory
"The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
open market or private transaction market
"transaction_code_description: Sale in open market or private transaction"
acquired_disposed_code regulatory
"acquired_disposed_code: D"
FAQ
What insider transaction did SLB (SLB) disclose for Olivier Le Peuch?
SLB disclosed that CEO and director Olivier Le Peuch sold 35,000 shares of SLB common stock on 2026-09-01 in an open-market or private transaction at $60.00 per share, as reported on a Form 4.
What type of security did Olivier Le Peuch trade in SLB (SLB)?
He traded Common Stock, $0.01 Par Value Per Share of SLB, disposing of 35,000 shares in a sale transaction reported as code “S” on Form 4.
AI-generated analysis. How Rhea-AI works. Not financial advice.