SLB CEO sells 25,000 shares ($1.4M) on scheduled 10b5-1 plan; stock up 9.7% in 90 days.
Peuch Olivier Le, CEO of SLB LIMITED/NV, sold 25,000 shares at $56.99 on 2026-05-27, reducing holdings to 1,366,328 shares. This sale is part of a pre-arranged 10b5-1 trading plan adopted on 2025-03-25, meaning the transaction was scheduled and not discretionary. The stock has appreciated 9.7% over the past 90 days and currently trades at $56.50, only 3.9% below its 52-week high of $58.82. Across his prior four trades at SLB, the insider's 90-day post-trade returns averaged +2.7% to +14.7%, indicating a pattern of selling before continued appreciation; his broader cross-ticker track record shows 4 prior sales with an average 90-day return of +9.8%, similar to the current 90-day move. Given the scheduled nature of this sale under a 10b5-1 plan, no timing inference is warranted. The transaction represents a modest 1.8% reduction in his SLB stake while the company reports $8.7B quarterly revenue, $752.0M net income, and a $84.5B market cap.