SLB Officer & Director Olivier Le Peuch Files Intent to Sell $275K in Stock

Olivier Le Peuch, an Officer and Director at SLB, has filed a Form 144 notice for the proposed sale of 5,000 shares of common stock, with an aggregate market value of $275,000. The sale is anticipated to occur on or around August 27, 2026. The shares designated for this sale were acquired through the vesting of restricted stock on January 19, 2024, as part of compensation.

This filing also reveals a pattern of recent selling activity by the insider. In the preceding three months, Le Peuch sold a total of 50,000 shares in two separate transactions: 25,000 shares on May 27, 2026, for approximately $1.42 million, and another 25,000 shares on August 26, 2026, for approximately $1.31 million. The transactions were conducted under a pre-arranged 10b5-1 trading plan adopted on May 27, 2026. While this proposed sale is smaller than the prior ones, the continued dispositions by a high-level executive, even under a plan, provide insight into insider selling trends at the company.