Pafitis Demosthenis 4

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

AI-generated summary of this filing

Updated Mar 18, 2026

SLB CTO Demosthenis Receives Award; Sells Shares for Taxes

What Happened

Demosthenis Pafitis, Chief Technology Officer of SLB (SLB), received 2,502 shares as the final settlement of performance share units (PSUs) on March 13, 2026 (acquired at $0.00). To cover tax withholding, 1,189 of those shares were disposed at $44.22 each for proceeds/withholding of $52,578. Net new shares received from this event: 1,313.

Key Details

Transaction types and codes: Award/Grant (A) — 2,502 shares @ $0.00 (acquired); Tax withholding/payment (F) — 1,189 shares @ $44.22 (disposed) = $52,578.
Transaction date: March 13, 2026. Form 4 filed March 17, 2026 (appears timely under Section 16 reporting rules).
Shares owned after the transaction: not specified in the provided filing details.
Footnote: These shares represent PSUs granted January 18, 2023. Vesting was performance-based over three years vs. selected peers; the committee initially approved 80% in January 2026 based on available data and has now finalized the full earned amount after competitors reported 2025 audited results.
Disposition labeled F is a tax withholding — a routine disposition to satisfy tax obligations, not an open-market sale for investment reasons.

Context

PSUs are performance-based awards that vest into shares when targets are met; this filing reflects the final determination and settlement of those awards. The withholding of shares to cover taxes is common and should not be read as a directional investment move by the insider.

Form 4

Period: 2026-03-13

Chief Technology Officer

Transactions

Award
Common Stock, $0.01 Par Value Per Share
[F1]
2026-03-13+2,502→ 108,092 total
Tax Payment
Common Stock, $0.01 Par Value Per Share
2026-03-13$44.22/sh−1,189$52,578→ 106,903 total

Holdings

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