SLB CEO Olivier Le Peuch Sells $1.32 Million of Stock Under Trading Plan
SLB Chief Executive Olivier Le Peuch sold 25,000 shares of the oilfield services company on Nov. 2 for $1.32 million, according to a Form 4 filing Monday evening.
The shares sold at $52.90 each, for a total of $1,322,500. The filing said the sale was made under a Rule 10b5-1 trading plan Le Peuch adopted on May 27, 2026. Such plans let insiders schedule stock sales in advance.
Still a large holder
After the sale, Le Peuch directly owns 1,246,328 SLB shares, according to the filing. The 25,000 shares sold equal 2.0% of the 1,271,328 shares he held directly before the trade.
Le Peuch is both CEO and a director of SLB, the filing shows.
By the numbers
- Shares sold: 25,000
- Sale price: $52.90 per share
- Total value: $1,322,500
- Shares held directly after: 1,246,328
- 10b5-1 plan adopted: May 27, 2026
Sources
- Form 4 filed by SLB Chief Executive Officer Olivier Le Peuch, filed Nov. 2, 2026 (accession 0000087347-26-000132)
This article is for informational and educational purposes only and is not investment advice. It is not a recommendation to buy or sell any security.
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