Form 4: Halliburton CFO's Routine Tax Withholding Transaction

Halliburton's EVP & CFO, Eric Carre, disposed of 12,729 shares of common stock to cover tax withholding obligations related to vested performance units.

Summary

• Eric Carre, Executive Vice President and Chief Financial Officer of Halliburton Co (HAL), reported a disposition of 12,729 shares of common stock.
• The transaction, which occurred on March 5, 2026, was for the purpose of satisfying federal tax withholding obligations on the lapse of restrictions on shares issued under the company's Stock and Incentive Plan.
• The shares were valued at $36.00 per share, corresponding to the closing price of Halliburton Company's Common Stock on the New York Stock Exchange on February 27, 2026, the date the Performance Unit shares were issued.
• Following this transaction, Mr. Carre directly beneficially owns 173,054.623 shares of common stock.
• Mr. Carre also holds derivative securities, including options to buy common stock: 50,100 options at an exercise price of $31.44, 34,425 options at $43.38, and 30,100 options at $53.54.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. The transaction is a routine, non-discretionary disposition of shares for tax purposes, which is a common occurrence in executive compensation and does not indicate a change in company performance or executive sentiment.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

StockSavvy.ai notes that routine tax-related dispositions of shares by executives are a common and standard practice in executive compensation plans, particularly upon the vesting of restricted stock or performance units. Such transactions are typically administrative and do not usually reflect a change in the executive's or company's fundamental outlook or sentiment.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine, non-discretionary transaction for tax purposes and does not signal a change in company fundamentals or executive confidence.
• Employees: No direct impact mentioned.

Key Dates

Recommendation

This Form 4 filing details a routine, non-discretionary transaction by an executive to cover tax obligations upon the vesting of equity awards. It does not provide new material information about Halliburton's operational performance, strategic direction, or financial health that would warrant a change in investment recommendation. Therefore, a 'hold' recommendation is appropriate, maintaining existing positions based on broader company fundamentals rather than this administrative event.

Keywords

Halliburton, HAL, Form 4, Insider Transaction, Executive Compensation, Tax Withholding, Stock Options