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.
On August 31, 2026, Olivier Le Peuch, CEO of SLB N.V., announced the sale of 5,000 shares in the company, according to an SEC Form 4 filing. The transaction, valued at $300,000 based on the weighted average sale price of $60.00 per share, was executed at a post-transaction value of $60.10 per share, as reflected in the market close that same day.
SLB N.V. is a global leader in providing technology and services to the energy sector, employing 109,000 individuals and generating a significant $36.4 billion in TTM revenue. The company's competitive edge lies in its integrated technology platform, encompassing digital solutions, reservoir performance optimization, well construction, and production systems, designed to help customers optimize hydrocarbon recovery while supporting carbon management goals.
With a substantial market capitalization of $85.1 billion and strong profitability evidenced by $3.1 billion in TTM net income, SLB is well-positioned to leverage opportunities in both conventional energy production and the ongoing energy transition.
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