Guild Howard 4
4 · SLB LIMITED/NV · Filed Mar 17, 2026
Research Summary
AI-generated summary of this filing
SLB Chief Accounting Officer Guild Howard Receives 801 Shares; 316 Withheld
What Happened
- Guild Howard, Chief Accounting Officer of SLB (ticker: SLB), was issued 801 shares on March 13, 2026 as the final determination of vested performance share units (PSUs). To cover tax withholding, 316 of those shares were surrendered/disposed at $44.22 per share, generating $13,974 in value to cover the tax liability.
- The 801-share line is an award/acquisition (code A) at $0.00 per share; the 316-share line is a tax-withholding disposition (code F) at $44.22 per share.
Key Details
- Transaction date: March 13, 2026; Form filed March 17, 2026 (timely).
- Award: 801 shares issued (PSU vesting) — reported acquisition price $0.00.
- Tax withholding: 316 shares disposed at $44.22 each, totaling $13,974.
- Shares owned after the transaction: not specified in the Form 4 filing.
- Footnote: PSUs were granted Jan 18, 2023 and vest based on three‑year performance vs. peers. The company’s compensation committee initially approved 80% issuance in Jan 2026 due to incomplete peer audits; by March 13, 2026 all peers had reported and these shares were finally determined to have been earned (see footnote F1).
- Transaction codes: A = Award/Grant; F = Payment of tax liability via share withholding.
Context
- This was a vesting/award event (conversion of PSUs to common stock), not an open‑market purchase or opportunistic sale. The 316‑share disposition was used to satisfy tax withholding—common practice when awards vest—and should not be read as a standard voluntary sell decision.
- For retail investors, awards reflect compensation realization rather than insider buying conviction; no additional insider buying was reported in this filing.
Insider Transaction Report
Form 4
Guild Howard
Chief Accounting Officer
Transactions
- Award
Common Stock, $0.01 Par Value Per Share
[F1]2026-03-13+801→ 23,208 total - Tax Payment
Common Stock, $0.01 Par Value Per Share
2026-03-13$44.22/sh−316$13,974→ 22,892 total
Footnotes (1)
- [F1]The Company granted performance share units ("PSUs") to the reporting person on January 18, 2023. Vesting of the PSUs was based on three-year Company performance relative to select key competitors. Most of these competitors had not reported their 2025 audited financial results when the Company's compensation committee met in January 2026 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 13, 2026, all such competitors had reported their 2025 audited financial results. Shares of common stock reported hereunder represent shares finally determined to have been earned under the PSUs.
Signature
/s/ LaToyia Tilley, Attorney-in-Fact|2026-03-17