Core Laboratories (CLB) CAO Teo Sow Hang Receives 440 Shares, 198 Withheld

What Happened
Teo Sow Hang, Chief Accounting Officer & Treasurer of Core Laboratories (CLB), had restricted/share-based awards vest on Aug 1, 2026 and received a total of 440 shares (240 + 200) through exercise/conversion of derivative awards. To cover tax obligations, 108 and 90 shares were surrendered/withheld (disposed) at $10.64 each, totaling about $2,107 in value. These transactions reflect vesting and tax withholding rather than an outright open-market sale or purchase.

Key Details

• Transaction date: 2026-08-01; filing date: 2026-08-04 (no late filing indicated).
• Vested/acquired: 240 shares and 200 shares (two derivative conversions) at $0.00 exercise price (total 440 shares received).
• Tax withholding/disposed: 108 shares @ $10.64 ($1,149) and 90 shares @ $10.64 ($958); total withheld/sold ≈ $2,107.
• Footnotes: Restricted shares vest annually over six years; multiple restricted share grants included. The F code indicates shares were surrendered/withheld to satisfy tax withholding.
• Shares owned after the transactions: not specified in the filing provided.

Context: The zero-dollar exercise/conversion entries indicate vested restricted shares or similar equity awards converting into common stock (no cash exercise price). The surrendered/withheld shares to cover taxes are routine and do not necessarily signal the insider’s view on the stock.