Merad Abdellah, EVP of Core Services & Equipment at SLB (formerly Schlumberger), has demonstrated a consistent pattern of selling activity in the company’s stock over the past two years, with no recorded purchases. According to SEC Form 4 filings, Abdellah executed 28 transactions totaling $16.7 million in sales, all involving SLB shares. The most recent sales include a $2.98 million disposition on January 26, 2026, and a $1.03 million transaction on January 23, 2026, following earlier sales of $2.26 million in November 2025 and $2.49 million in January 2025. Smaller transactions, often coded as derivative dispositions (Code F), appear to represent tax withholdings or option exercises rather than open-market sales.
The transactions suggest a disciplined approach to reducing exposure, with larger sales clustered in early 2025 and early 2026. Notably, Abdellah’s sales have not been offset by any reported buys, indicating a one-way flow out of SLB holdings. The absence of open-market purchases during this period contrasts with the repeated divestments, though the sales could reflect routine portfolio rebalancing or liquidity needs rather than a directional view on the stock. The consistency in timing—often in January or March—hints at potential pre-planned trading windows, common among corporate executives adhering to insider trading policies. With SLB as the sole equity holding in these filings, Abdellah’s activity remains narrowly focused on the energy services firm.
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