Pafitis Demosthenis 4

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.