Gassen Steve Matthew 4
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SLB EVP Steve Gassen Receives 18,740-Share RSU Award
What Happened Steve Matthew Gassen, Executive Vice President, Geographies at SLB (SLB), was granted 18,740 restricted stock units (RSUs) on January 21, 2026. The Form 4 reports the award as a derivative grant (no per-share price or immediate cash transaction disclosed). Per the filing, each RSU represents the right to receive one share of common stock at settlement.
Key Details
- Transaction date: January 21, 2026 (Form filed January 23, 2026).
- Award: 18,740 restricted stock units (derivative award); price/monetary value not provided on the Form 4.
- Vesting: 100% vests on January 21, 2029 (three-year cliff) (see footnote F3).
- RSU mechanics: Each restricted stock unit equals one share at settlement (footnote F2).
- Footnote F1: "Equivalent shares as updated November 2025" — referenced in the filing.
- Shares owned after transaction: Not specified in this filing.
- Timeliness: Filed within the usual two-business-day window (filed Jan 23 for Jan 21 transaction).
Context This is a standard equity compensation award (time-based RSUs) intended for retention/compensation, not an open-market purchase or sale. RSU grants do not immediately change outstanding shares until they vest and are settled; when they vest, each unit converts to one share (or cash if plan provides). The filing is informational and does not by itself indicate a buy/sell signal.