March 7, 2025 · Form 4 insider transaction
Le Peuch Olivier bought 42,690 shares of SLB N.V. at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 4 days after the transaction.
The Company granted performance share units ("PSUs") to the reporting person on January 19, 2022. Vesting of the PSUs was based on three-year Company performance relative to select key competitors. Most of these competitors had not reported their 2024 audited financial results when the Company's compensation committee met in January 2025 to certify performance under the PSUs. As a result, the Company's compensation committee approved the issuance of 80% of the shares that the committee determined had been earned according to the information available to the committee at the time. As of March 7, 2025, all such competitors had reported their 2024 audited financial results. Shares of common stock reported hereunder represent shares finally determined to have been earned under the PSUs.