SLB Director James T. Hackett Receives 5,450-Share Award

What Happened
James T. Hackett, a director of SLB Limited (ticker: SLB), was granted 5,450 shares on 2026-05-01 as an award/acquisition. The reported acquisition price is $0.00 per share (total reported cash cost $0), indicating these shares were issued as compensation rather than purchased.

Key Details

• Transaction date: 2026-05-01; transaction type: Award/Grant (code A)
• Shares granted: 5,450; reported price per share: $0.00; total reported cash consideration: $0
• Plan: Grant made pursuant to the Schlumberger Limited 2004 Stock and Deferral Plan for Non‑Employee Directors (footnote F1)
• Shares owned after transaction: Not disclosed in this filing
• Filing timeliness: Reported on the Form 4 dated 2026-05-01 (no late filing indicated)
• No 10b5-1 plan, sales, tax-withholding, or exercise activity reported in this transaction

Context
Grants to non‑employee directors are a standard component of board compensation and typically reflect routine equity pay rather than a direct buy/sell signal. Purchases by insiders can be more indicative of personal conviction; awards mainly compensate service and align long‑term interests with shareholders.