Form 4: Halliburton CFO Boosts Stake with Stock Award
Insider Transaction Report
Halliburton's EVP & CFO, Eric Carre, acquired 37,548 shares of common stock through a company incentive plan, increasing his direct beneficial ownership.
Summary
- Eric Carre, Executive Vice President and Chief Financial Officer of Halliburton Co. (HAL), acquired 37,548 shares of common stock.
- The acquisition occurred on January 2, 2026, at a price of $29.60 per share, which was the closing price on the New York Stock Exchange on the grant date.
- These shares were awarded pursuant to the Halliburton Company Stock and Incentive Plan.
- Following this transaction, Carre's direct beneficial ownership of common stock increased to 159,719.623 shares, which includes 166.852 shares accumulated through dividend reinvestment as of December 31, 2025.
- One stock option to buy 9,534 shares of common stock with an exercise price of $34.48 expired on January 4, 2026.
- Carre continues to hold other derivative securities, including options to buy common stock with exercise prices of $31.44, $43.38, and $53.54, expiring in 2028, 2027, and 2026, respectively.
Sentiment
Score: 6
Explanation: The filing reports a routine insider transaction involving a stock award, which is a standard component of executive compensation. This action generally aligns executive interests with shareholders, indicating a neutral to slightly positive sentiment as it reflects ongoing executive participation in the company's equity plans.
Positives
- The acquisition of 37,548 shares by the EVP & CFO through an incentive plan aligns management's financial interests with those of shareholders.
- The use of a stock and incentive plan is a standard practice for executive compensation, promoting long-term commitment and performance.
Future Outlook
This filing is a report of an insider transaction and does not contain forward-looking statements or guidance regarding the company's future performance or strategic direction.
Industry Context
This insider transaction is specific to Halliburton Co. and its executive compensation structure. It does not directly reflect broader industry trends or competitive dynamics within the oilfield services sector, but rather an individual executive's equity holdings.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Procedural Update | Eric J. Carre executed a Power of Attorney on December 12, 2025, authorizing specific individuals (Van H. Beckwith, Samantha Boyd, Sarah I. Rubenfeld, Rebekkah M. Emerson, and Pamela L. Taylor) to prepare and sign SEC Forms 3, 4, and 5 on his behalf. This Power of Attorney revokes and supersedes all prior related authorizations. | 12/12/2025 | This is a standard administrative procedure to facilitate timely and compliant SEC filings for an executive, ensuring continuity and efficiency in reporting beneficial ownership changes. |
Related Party Transactions
- The acquisition of 37,548 shares by Eric Carre is an award under the Halliburton Company Stock and Incentive Plan, representing a transaction between the company and an executive as part of his compensation package.
Stakeholder Impact
- Shareholders: The stock award to the CFO increases his direct ownership, potentially enhancing alignment between management's financial incentives and shareholder value creation.
- Employees: The stock and incentive plan is a component of executive compensation, which can influence overall compensation philosophy within the company.
Key Dates
| Date | Description |
|---|---|
| 12/07/2016 | Grant date for an option to buy common stock with an exercise price of $53.54, expiring on 12/07/2026. |
| 12/06/2017 | Grant date for an option to buy common stock with an exercise price of $43.38, expiring on 12/06/2027. |
| 12/05/2018 | Grant date for an option to buy common stock with an exercise price of $31.44, expiring on 12/05/2028. |
| 12/11/2025 | Date the Power of Attorney for Eric J. Carre was reviewed by the Legal Department. |
| 12/12/2025 | Date Eric J. Carre signed the Power of Attorney, authorizing individuals to file SEC Forms 3, 4, and 5 on his behalf. |
| 12/31/2025 | Date as of which 166.852 shares were accumulated through dividend reinvestment. |
| 01/02/2026 | Date of the common stock award transaction to Eric Carre, with a closing price of $29.60 per share. |
| 01/04/2026 | Expiration date of a stock option to buy 9,534 shares of common stock with an exercise price of $34.48. |
| 01/05/2026 | Signature date of the Form 4 filing by Power of Attorney. |
Keywords
Halliburton, HAL, SEC Form 4, Insider Transaction, Stock Award, Executive Compensation, Beneficial Ownership, Eric Carre, CFO, Equity Incentive Plan
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