Biguet Stephane 4

4 · SLB LIMITED/NV · Filed Mar 17, 2026

AI-generated summary of this filing

Updated Mar 17, 2026

SLB EVP & CFO Stephane Biguet Receives Award; Shares Sold for Taxes

What Happened

Stephane Biguet, EVP & CFO of SLB, received 3,504 shares as the final issuance of performance share units (PSUs) on March 13, 2026 (reported as an award at $0.00 per share).
At the same time, 1,379 shares were disposed/withheld at $44.22 per share to satisfy tax withholding obligations, representing proceeds/value of $60,979. The award itself is a non-cash grant (A); the withholding is recorded under code F.

Key Details

Transaction date: March 13, 2026; Form 4 filed March 17, 2026 (timely).
Award: 3,504 shares @ $0.00 (total reported $0) — PSUs granted originally Jan 18, 2023.
Withholding/tax disposition: 1,379 shares @ $44.22 = $60,979 (code F).
Shares owned after transaction: Not specified in the provided excerpt of the filing.
Footnote: The PSUs vested based on three-year relative performance vs. select peers. The compensation committee initially certified 80% of earned shares in Jan 2026 due to incomplete peer audits; by March 13, 2026 all peers had reported and the final earned share count is reflected here.
Filing timeliness: Filed promptly (no late filing noted).

Context

These transactions reflect PSU vesting and routine tax withholding rather than an open-market buy or sale for investment reasons. The award is a compensation grant (no cash paid to acquire the shares), and the disposition was to cover tax liability — a common, administrative step that doesn't necessarily indicate the insider's view on the stock.

Form 4

Period: 2026-03-13

EVP & CFO

Transactions

Award
Common Stock, $0.01 Par Value Per Share
[F1]
2026-03-13+3,504→ 159,052 total
Tax Payment
Common Stock, $0.01 Par Value Per Share
2026-03-13$44.22/sh−1,379$60,979→ 157,673 total

Footnotes (1)

[F1]The Company granted performance share units ("PSUs") to the reporting person on January 18, 2023. Vesting of the PSUs was based on three-year Company performance relative to select key competitors. Most of these competitors had not reported their 2025 audited financial results when the Company's compensation committee met in January 2026 to certify performance under the PSUs. As a result, the Company's compensation committee approved the issuance of 80% of the shares that the committee determined had been earned according to the information available to the committee at the time. As of March 13, 2026, all such competitors had reported their 2025 audited financial results. Shares of common stock reported hereunder represent shares finally determined to have been earned under the PSUs.

Signature

/s/ LaToyia Tilley, Attorney-in-Fact|2026-03-17

1 file