secwatch.observer — SEC 8-K summary
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Issuer:     SLB LIMITED/NV (SLB)
CIK:        0000087347
Form:       8-K
Filed at:   2025-04-08T23:59:59+00:00
Accession:  0001193125-25-075898
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

SLB EVP Geographies Khaled Al Mogharbel steps down, becomes CEO Advisor through 2028
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- Khaled Al Mogharbel to step down as EVP, Geographies effective May 1, 2025, after 30-year career.
- He will serve as Advisor to CEO through May 1, 2028, for orderly transition.
- Receives 75% of base salary annually for 3 years plus continued benefits and prorated 2025 target bonus.
- Outstanding equity awards continue vesting; subject to restrictive covenants including 3-year non-compete.
- Breach of undertakings could stop payments, cancel equity, and require repayment.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/87347/000119312525075898/0001193125-25-075898-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/87347/000119312525075898/d920872d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-075898

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer