SLB CEO Olivier Le Peuch Sells $275,000 in Company Stock

Olivier Le Peuch, the Chief Executive Officer and a Director of SLB, executed a sale of 5,000 shares of common stock on August 27, 2026. The transaction was priced at $55.00 per share, resulting in a total value of $275,000. After this sale, Le Peuch's direct holdings in the company amount to 1,336,328 shares. According to a footnote in the filing, this sale was made under a pre-arranged Rule 10b5-1 trading plan, which the insider had adopted on May 27, 2026. Such plans allow corporate insiders to sell a predetermined number of shares at a predetermined time, providing an affirmative defense against potential claims of trading on inside information.