Form 4: Halliburton COO Slocum Boosts Stake with Stock Award

Halliburton's Director, EVP, and COO, Jeffrey Slocum, acquired 56,178 shares of common stock through a company incentive plan, increasing his direct beneficial ownership.

Summary

• Jeffrey Shannon Slocum, Halliburton's Director, EVP, and COO, acquired 56,178 shares of common stock on January 2, 2026.
• The shares were awarded pursuant to the Halliburton Company Stock and Incentive Plan, which allows for the surrender of common stock to satisfy withholding tax obligations.
• The closing price of Halliburton Company's Common Stock on the New York Stock Exchange on the grant date was $29.60 per share.
• Following this transaction, Slocum directly beneficially owns 219,229.952 shares of common stock.
• An option to buy 3,882 shares of common stock with an exercise price of $34.48 expired on January 4, 2026.
• Slocum continues to hold options to buy 3,722 shares of common stock at $55.68 (expiring 01/03/2027) and 12,090 shares at $49.61 (expiring 01/02/2028).

Sentiment

Score: 7

Explanation: The acquisition of a substantial number of shares by a key executive through an incentive plan is a positive signal of alignment with shareholder interests. However, the expiration of a block of stock options is a minor negative, though common if the strike price is out of the money.

Positives

• A significant acquisition of 56,178 shares by a key executive (Director, EVP, COO) indicates confidence in the company's future prospects.
• The shares were awarded through an incentive plan, which aligns executive interests with shareholder value creation.

Negatives

• An option to buy 3,882 shares of common stock expired unexercised on January 4, 2026, which could suggest the strike price ($34.48) was above the market price at expiration or other factors prevented its exercise.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders may view the executive's increased ownership as a positive sign of management's commitment and belief in the company's future performance.

Key Dates

Recommendation

The acquisition of shares by a key executive is generally a positive indicator, suggesting management confidence. However, this Form 4 filing provides limited information, primarily detailing an executive's stock transactions rather than comprehensive financial performance or strategic updates. Therefore, a 'hold' recommendation is appropriate, pending further detailed financial analysis and broader market context.

Keywords

Halliburton, HAL, SEC Form 4, Insider Trading, Stock Award, Executive Compensation, Jeffrey Slocum, Common Stock, Stock Options, Beneficial Ownership