The company said it was issuing treasury stock as part of its incentive plan announced in 2013.
Cahuzac will get 70,000 out of a potential issue of 190,000, boosting his total of common shares to 92,566.
The new slice is worth $0.985m at the current price of NOK 89.45 ($14.08).
CFO Ricardo Rosa pockets 40,000, while COO John Evans will get 48,000. Three other executives were awarded stock.
