Guild Howard 4

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.