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SLB (NYSE: SLB) accounting chief receives PSU shares, some withheld for tax

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

SLB LIMITED/NV Chief Accounting Officer Howard Guild received a grant of 801 shares of common stock on March 13, 2026 as part of previously awarded performance share units. To cover related tax obligations, 316 shares were withheld at $44.22 per share. After these compensation-related transactions, Guild directly holds 22,892 SLB common shares. The footnote explains that these shares represent the final amount earned under performance share units granted on January 18, 2023, based on three-year company performance versus key competitors.

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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
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
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*
Guild Howard

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Accounting 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 801(1) A $0 23,208 D
Common Stock, $0.01 Par Value Per Share 03/13/2026 F 316 D $44.22 22,892 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.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did SLB (SLB) report for Howard Guild?

SLB reported that Chief Accounting Officer Howard Guild received 801 shares of common stock from vested performance share units. To satisfy tax obligations tied to this vesting, 316 shares were withheld, leaving him with 22,892 directly held SLB shares after the transactions.

Were Howard Guild’s SLB transactions open-market buys or sells?

The transactions were compensation-related, not open-market trades. Guild received 801 shares as a stock award and 316 shares were disposed of through tax withholding at $44.22 per share, meaning the company retained those shares to cover tax liabilities on the vesting.

How many SLB shares does Howard Guild hold after this Form 4?

After the award and related tax withholding, Howard Guild directly holds 22,892 SLB common shares. This reflects the net position following receipt of 801 shares from performance share units and the withholding of 316 shares to satisfy tax obligations on March 13, 2026.

What are the performance share units underlying Howard Guild’s SLB award?

The award stems from performance share units granted on January 18, 2023. Vesting depended on three-year company performance versus selected competitors, and the shares reported here represent the final amount determined to have been earned once all competitors’ 2025 audited results became available.

Why were only part of Howard Guild’s SLB PSUs initially settled?

When the compensation committee met in January 2026, many competitors had not yet reported 2025 audited results. The committee then approved issuing 80% of the shares thought earned. Once all competitor data was available by March 13, 2026, the final earned shares reported here were issued.

What does the tax-withholding transaction mean in Howard Guild’s SLB Form 4?

The F-code transaction reflects 316 shares withheld by SLB to cover tax liabilities from the vesting of performance share units. This is a non-market disposition mechanism, meaning those shares were not sold on the open market but used to satisfy required tax payments.
SLB Limited

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