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SLB LIMITED/NV·4

Mar 25, 5:40 PM ET

Le Peuch Olivier 4

Research Summary

AI-generated summary

Updated

SLB CEO Olivier Le Peuch Sells 25,000 Shares

What Happened
Olivier Le Peuch, Chief Executive Officer of SLB Limited (SLB), sold 25,000 shares of SLB on March 25, 2026 in an open-market transaction at $50.56 per share, for total proceeds of approximately $1,264,000. This was a sale (not a purchase or option exercise).

Key Details

  • Transaction date and price: March 25, 2026 — 25,000 shares sold at $50.56 each (total ≈ $1,264,000).
  • Transaction type/code: Sale (S) — open market or private sale as reported.
  • Shares owned after transaction: Not specified in the provided filing.
  • Footnote: Sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 25, 2025.
  • Filing timeliness: Form 4 was filed on March 25, 2026 (same day as the reported transaction); no indication in the provided data that the filing was late.

Context
A 10b5-1 trading plan means the sale was prearranged under an established plan, which can provide an affirmative defense against insider trading claims. Sales under such plans are often routine and do not by themselves indicate the insider’s current view of the company’s prospects.