SLB CEO Olivier Le Peuch Files Form 144 to Sell $1.32M in Common Stock

Overview

On November 2, 2026, Olivier Le Peuch, Chief Executive Officer and Director of SLB Limited/NV ($SLB), filed a Form 144 notice of proposed sale covering 25,000 shares of common stock with an aggregate market value of approximately $1,322,500 ($52.90 per share). The proposed sale is executed through Fidelity Brokerage Services LLC.

Transaction & Acquisition Details

• Securities to be Sold: 25,000 shares of common stock.
• Origin of Shares: Originally acquired on January 19, 2024, via restricted stock vesting as compensatory equity.
• Trading Plan: The planned sale is being conducted pursuant to a pre-arranged Rule 10b5-1 trading plan adopted on May 27, 2026.

Recent Trading Activity

In the past three months, the reporting person has executed multiple scheduled sales pursuant to the same trading plan:

• August 26, 2026: 25,000 shares for $1,313,750.00
• August 27, 2026: 5,000 shares for $275,000.00
• August 31, 2026: 5,000 shares for $300,000.00
• September 1, 2026: 35,000 shares for $2,100,000.00
• October 27, 2026: 25,000 shares for $1,329,250.00

Total prior sales over the three-month lookback period equal 95,000 shares ($5,318,000 gross proceeds).

Market Significance

The market impact of this filing is categorized as Low. While executed by the CEO, the proposed sale represents less than 0.002% of SLB's 1.48 billion common shares outstanding. The transaction is conducted pursuant to a pre-established Rule 10b5-1 plan, reflecting scheduled diversification rather than opportunistic market timing.