Guild Howard 4
4 · SLB LIMITED/NV · Filed Jan 27, 2026
Research Summary
AI-generated summary of this filing
SLB Chief Accounting Officer Guild Howard Sells Shares After Award
What Happened
Guild Howard, Chief Accounting Officer of SLB Limited (SLB), received 11,860 shares on Jan 23, 2026 when performance share units vested. To cover tax withholding, 4,639 of those shares were surrendered at $50.25 each ($233,110). Separately, Howard sold 13,268 shares in the open market on Jan 26, 2026 at a weighted average price of $49.70 for approximately $659,420. Total proceeds from the disposals were about $892,530. These transactions are sales following a PSU vesting (routine for tax and liquidity), not a cash purchase.
Key Details
- Transaction dates: Award/issuance 2026-01-23; tax-withholding share surrender 2026-01-23; open-market sale 2026-01-26. Filing date: 2026-01-27 (Form 4 filed timely).
- Award: 11,860 shares issued upon achievement of performance criteria (PSUs originally granted 2023-01-18).
- Tax withholding (F): 4,639 shares surrendered at $50.25/share for $233,110.
- Open-market sale (S): 13,268 shares sold at a weighted avg $49.70/share for ~$659,420; executed in multiple trades at $49.70–$49.705 (weighted avg reported).
- Total shares sold: 17,907; total proceeds: ~$892,530.
- Shares owned after the transactions: not stated in the filing.
- Codes: A = Award; F = Payment of exercise price or tax liability (surrendered shares for taxes); S = Sale.
- Footnotes: PSU vesting and issuance described in filing; F2 confirms multiple-trade execution and weighted-average price disclosure.
Context
This was an award vesting (PSUs) followed by a tax-withholding share surrender and an open-market sale. That sequence is common when performance awards vest—companies or insiders often surrender shares to cover taxes and may sell additional shares for cash or diversification. These transactions are sales (not purchases) and reflect disposition of vested shares rather than a new equity stake.
Insider Transaction Report
- Award
Common Stock, $0.01 Par Value Per Share
[F1]2026-01-23+11,860→ 40,314 total - Tax Payment
Common Stock, $0.01 Par Value Per Share
2026-01-23$50.25/sh−4,639$233,110→ 35,675 total - Sale
Common Stock, $0.01 Par Value Per Share
[F2]2026-01-26$49.70/sh−13,268$659,420→ 22,407 total
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]This transaction was executed in multiple trades at prices ranging from $49.70 to $49.705. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.