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Item 5. OTHER INFORMATION

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Item 5. OTHER INFORMATION

Rule 10b5-1 and Non-Rule 10b5-1 Trading Arrangements

During the three months ended March 31, 2024, certain of our officers or directors listed below adopted or terminated trading arrangements for the sale of shares of our Class A common stock in amounts and prices determined in accordance with a formula set forth in each such plan:

Name and TitleActionDatePlansNumber of Shares to be SoldExpiration
Rule 10b5-1 (1)Non-Rule 10b5-1 (2)
Lorenzo Simonelli, Chairman, President and Chief Executive OfficerAdoptionFebruary 8, 2024X228,572Earlier of when all shares under plan are sold and February 7, 2025
Maria Claudia Borras, Executive Vice President, Oilfield Services and EquipmentAdoptionFebruary 21, 2024X55,980Earlier of when all shares under plan are sold and December 31, 2024

(1)Intended to satisfy the affirmative defense conditions of Rule 10b5-1(c)

(2)Not intended to satisfy the affirmative defense conditions of Rule 10b5-1(c)

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