CEO of Legendary Energy Stock Sells 5,000 Shares for $300,000
Insider executed sale under pre-established Rule 10b5-1 trading plan, maintaining substantial direct holdings of 1.3 million shares valued at $80 million.
Overview
Olivier Le Peuch, Chief Executive Officer of SLB N.V. (NYSE:SLB), disclosed a sale of 5,000 shares on Aug. 31, 2026, according to a recent SEC Form 4 filing.
Transaction value based on SEC Form 4 weighted average sale price ($60.00); post-transaction value based on Aug. 31, 2026 market close ($60.10).
Details
SLB N.V. is a leading global provider of technology and services to the energy industry, operating at a significant scale with 109,000 employees and generating $36.4 billion in TTM revenue. The company's competitive advantage derives from its integrated technology platform spanning digital solutions, reservoir performance optimization, well construction, and production systems, enabling customers to maximize hydrocarbon recovery while advancing carbon management objectives. With a market capitalization of $85.1 billion and strong profitability generating $3.1 billion in TTM net income, SLB maintains a strategic position to capitalize on both conventional energy production and the energy transition.
Source
Originally published at www.fool.com.