Le Peuch Olivier 4

What Happened Olivier Le Peuch, CEO of SLB (SLB), received 177,891 shares on January 23, 2026 upon vesting of performance share units (PSUs). On the same date, 70,001 shares were disposed (code F) to cover the exercise/tax liability at an effective price of $50.25 per share, generating proceeds of $3,517,550. The award shares were reported as acquired at $0.00 (typical for PSU vesting).

Key Details

• Transaction dates: January 23, 2026 (reported on Form 4 filed January 27, 2026).
• Award: 177,891 shares issued upon achievement of performance criteria (PSUs originally granted January 18, 2023). (Code A)
• Tax withholding/disposition: 70,001 shares transferred at $50.25 per share, total value $3,517,550. (Code F — tax withholding to satisfy tax obligation)
• Shares owned after transaction: Not stated in the information provided in this summary (see filing for full ownership balances).
• Footnote: F1 confirms shares were issued upon vesting of PSUs granted 01/18/2023.
• Filing timeliness: Form filed 2026-01-27 reporting 2026-01-23 transactions (see filing for official timeliness designation).

Context This was a standard PSU vesting event followed by share withholding to cover taxes, not an open-market sell driven by trading intent. Such tax-withholding dispositions are routine and do not necessarily indicate the insider’s view on the company’s stock. The meaningful cash value here is the withheld amount (~$3.52M) used to meet tax obligations.