Guild Howard 4

What Happened

• Guild Howard, Chief Accounting Officer of SLB (ticker: SLB), was issued 801 shares on March 13, 2026 as the final determination of vested performance share units (PSUs). To cover tax withholding, 316 of those shares were surrendered/disposed at $44.22 per share, generating $13,974 in value to cover the tax liability.
• The 801-share line is an award/acquisition (code A) at $0.00 per share; the 316-share line is a tax-withholding disposition (code F) at $44.22 per share.

Key Details

• Transaction date: March 13, 2026; Form filed March 17, 2026 (timely).
• Award: 801 shares issued (PSU vesting) — reported acquisition price $0.00.
• Tax withholding: 316 shares disposed at $44.22 each, totaling $13,974.
• Shares owned after the transaction: not specified in the Form 4 filing.
• Footnote: PSUs were granted Jan 18, 2023 and vest based on three‑year performance vs. peers. The company’s compensation committee initially approved 80% issuance in Jan 2026 due to incomplete peer audits; by March 13, 2026 all peers had reported and these shares were finally determined to have been earned (see footnote F1).
• Transaction codes: A = Award/Grant; F = Payment of tax liability via share withholding.

Context

• This was a vesting/award event (conversion of PSUs to common stock), not an open‑market purchase or opportunistic sale. The 316‑share disposition was used to satisfy tax withholding—common practice when awards vest—and should not be read as a standard voluntary sell decision.
• For retail investors, awards reflect compensation realization rather than insider buying conviction; no additional insider buying was reported in this filing.