Pafitis Demosthenis 4

What Happened

Pafitis Demosthenis, Chief Technology Officer of SLB (SLB), was issued 37,060 shares on January 23, 2026 upon the vesting of performance share units. To cover the related tax/consideration, 17,598 of those shares were withheld/disposed at $50.25 per share, generating $884,300. The award shares were issued at $0.00 (code A); the withholding/sale is reported under code F.

Key Details

• Transaction dates: January 23, 2026 (reported on Form 4 filed January 27, 2026). Filing appears timely.
• Award: 37,060 shares issued at $0.00 (performance-based vesting).
• Withholding/disposition: 17,598 shares at $50.25 — proceeds/consideration $884,300 (tax/exercise withholding, code F).
• Shares owned after transaction: Not specified in the provided filing.
• Footnote: F1 — shares were issued upon achievement of performance criteria and vesting of PSUs granted January 18, 2023.
• Transaction codes explained: A = award/grant; F = shares withheld/disposed to satisfy tax or exercise obligations.

Context

This was primarily a grant/vesting event (a routine issuance of vested performance shares) with a portion of shares withheld/sold to cover tax liabilities — a common administrative action that does not necessarily signal the insider’s market view. For retail investors, awards increase insider holdings on paper, while withholding reduces the net new shares received by the insider.