SLB CEO Olivier Le Peuch Files Form 144 to Sell $1.33M in Common Stock

Executive Summary

On October 27, 2026, SLB Chief Executive Officer and Director Olivier Le Peuch filed a Form 144 notice disclosing the proposed sale of 25,000 shares of SLB Common Stock, carrying an estimated aggregate market value of $1,329,250.00 (approximately $53.17 per share).

Transaction & Filing Specifics

• Insider: Olivier Le Peuch (Director and Officer)
• Security: Common Stock
• Proposed Sale Size: 25,000 shares
• Aggregate Market Value: $1,329,250.00
• Acquisition Details: The shares were originally acquired on January 19, 2024, via restricted stock vesting as part of executive equity compensation.
• Trading Plan: Executed pursuant to a Rule 10b5-1 trading plan established on May 27, 2026.
• Broker: Fidelity Brokerage Services LLC

Prior Sales in Preceding 3 Months

Over the preceding three-month window, the insider executed several sales under the trading plan totaling 70,000 shares for gross proceeds of $3,988,750.00:

• August 26, 2026: 25,000 shares ($1,313,750.00)
• August 27, 2026: 5,000 shares ($275,000.00)
• August 31, 2026: 5,000 shares ($300,000.00)
• September 01, 2026: 35,000 shares ($2,100,000.00)

Market & Governance Context

With 1,484,143,231 shares outstanding, this proposed sale represents a negligible percentage of the company's float (<0.01%). Given that the sale is pre-scheduled under a Rule 10b5-1 trading arrangement established months prior, it reflects routine liquidity and executive compensation diversification rather than an ad-hoc discretionary signal on corporate fundamentals.