Khaled Mogharbel Al, EVP at SLB (NYSE:SLB), reported a large insider sell on September 5, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Tuesday showed that Al sold 30,000 shares of SLB. The total transaction amounted to $1,807,260.
SLB shares are trading up 0.76% at $60.67 at the time of this writing on Wednesday morning.
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Why Insider Transactions Are Important
Insider transactions shouldn't be used primarily to make an ...