Le Peuch Olivier 4
Research Summary
AI-generated summary
SLB CEO Olivier Le Peuch Receives 92,760 RSUs
What Happened
- Olivier Le Peuch, Chief Executive Officer of SLB (SLB), received a grant of 92,760 restricted stock units (RSUs) on January 21, 2026. The award is a derivative/compensation grant (no cash purchase or sale) and no per-share price or immediate cash value was reported.
- Each RSU represents the right to receive one share of common stock at settlement, and the award vests 100% on January 21, 2029.
Key Details
- Transaction date: January 21, 2026; Form filed January 23, 2026 (within the typical 2-business-day reporting window).
- Grant: 92,760 restricted stock units (derivative award, transaction code A).
- Price/value: Not reported (N/A); RSUs convert to one share each at settlement per footnote.
- Vesting: 100% on January 21, 2029 (three-year cliff).
- Shares owned after transaction: Not specified in the provided filing.
- Footnotes: F1 confirms 1 RSU = 1 share at settlement; F2 confirms grant date and 3‑year vesting schedule.
Context
- RSU grants are a common form of long-term executive compensation intended to align management with shareholder interests; they are not an immediate purchase or sale and do not change share ownership until settlement/vesting.
- Because these units vest in the future, there was no immediate sale or taxable event reported at grant. This filing is informational about future potential dilution and executive incentives, not a prompt market action.