Biguet Stephane 4

What Happened

• Stephane Biguet, EVP & CFO of SLB (ticker: SLB), received 51,885 shares on Jan 23, 2026 upon vesting of performance share units (PSUs). To satisfy tax withholding, 20,418 of those shares were surrendered (disposed) at $50.25 each ($1,026,005). On Jan 26, 2026 he sold 61,017 shares in an open-market transaction at $49.70 per share for proceeds of $3,032,545. Combined disposals reported on this Form 4 total 81,435 shares for about $4.06 million in proceeds. The award shares were reported with a $0.00 acquisition price (vested award).

Key Details

• Transaction dates and prices:
  • 2026-01-23: Award (A) — 51,885 shares issued (PSU vesting) at $0.00.
  • 2026-01-23: Tax withholding (F) — 20,418 shares disposed at $50.25 each ($1,026,005).
  • 2026-01-26: Open-market sale (S) — 61,017 shares disposed at $49.70 each ($3,032,545).
• Footnote: Shares issued upon achievement of performance criteria; PSUs were originally granted Jan 18, 2023 (per filing footnote F1).
• Shares owned after the transactions: not specified in the provided summary of the Form 4.
• Filing timeliness: Form was filed Jan 27, 2026 covering transactions on Jan 23 and Jan 26; the filing appears to be timely.

Context

• What this means: The filing shows a vesting of PSUs (an award) and routine disposals: a portion of the vested shares were surrendered to cover taxes (common practice), and an additional block was sold in the open market. These are not purchases (which some investors view as a stronger bullish signal); they reflect compensation vesting and subsequent liquidity actions.