Gassen Steve Matthew 4
4 · SLB LIMITED/NV · Filed Jan 27, 2026
Research Summary
AI-generated summary of this filing
SLB EVP Steve Gassen Receives Award, Sells Shares for Taxes
What Happened
- Steve Matthew Gassen, Executive Vice President, Geographies at SLB (ticker: SLB), had 17,789 shares issued to him on January 23, 2026 upon vesting of performance share units (award). To satisfy tax withholding obligations, 7,001 of those shares were disposed at $50.25 each, generating proceeds of $351,800.
Key Details
- Transaction dates: January 23, 2026 (award issuance and tax-withholding share disposition).
- Award (code A): 17,789 shares issued at $0.00 (performance shares vested).
- Tax withholding (code F): 7,001 shares disposed at $50.25 per share = $351,800.
- Footnotes: F1 — shares issued upon achievement of performance criteria and vesting of PSUs granted Jan 18, 2023; F2 — “equivalent shares” updated Nov 2025.
- Shares owned after transaction: not disclosed in the provided Form 4 summary.
- Filing timeliness: Form filed Jan 27, 2026 (within the SEC’s two-business-day window from the Jan 23 transactions). No 10b5-1 plan or late filing indicated in the filing.
Context
- This was a performance-share vesting event, not an open-market purchase. The sale of 7,001 shares was to satisfy tax withholding related to the award (a common administrative step when equity awards vest). The remaining net shares from the award remain with the reporting person unless otherwise reported.
Insider Transaction Report
Form 4
Gassen Steve Matthew
EVP, Geographies
Transactions
- Award
Common Stock, $0.01 Par Value Per Share
[F1]2026-01-23+17,789→ 73,694 total - Tax Payment
Common Stock, $0.01 Par Value Per Share
2026-01-23$50.25/sh−7,001$351,800→ 66,693 total
Holdings
- 5,739(indirect: SLB Stock Fund)
Common Stock, $0.01 Par Value Per Share
[F2]
Footnotes (2)
- [F1]Shares of common stock issued to the reporting person on January 23, 2026 upon achievement of the performance criteria and vesting of performance share units granted on January 18, 2023.
- [F2]Equivalent shares as updated November 2025.
Signature
/s/ LaToyia Tilley, Attorney-in-Fact|2026-01-27