Merad Abdellah 4

What Happened
Merad Abdellah, EVP, Core Services & Equipment at SLB (SLB), received 3,504 shares as the final issuance of performance share units (PSUs) (code A, acquisition at $0.00). To satisfy tax withholding obligations (code F), 1,379 of those shares were disposed at $44.22 each, generating proceeds of $60,979.

Key Details

• Transaction dates: March 13, 2026 (shares issued and tax-withholding disposition).
• Prices/values: Awarded shares reported at $0.00 per share; 1,379 shares disposed at $44.22 each, total ~$60,979.
• Transaction codes: A = Award/Grant; F = Payment of exercise price or tax liability (tax withholding).
• Filing: Form 4 filed March 17, 2026 (appears timely — filed within the standard 2 business-day window after the March 13 transaction).
• Shares owned after transaction: not specified in the provided filing.
• Footnote: These shares reflect final determination of PSUs granted Jan 18, 2023; vesting was based on three-year relative company performance and was finalized after competitors reported 2025 audited results.

Context
This was primarily a vesting/award event (not a market purchase). The sale/disposition was a routine tax-withholding action common when restricted or performance shares vest; it does not necessarily reflect an investment decision by the insider. The PSUs required multi-year performance certification, which delayed final share counts until competitor results were available.