Form 4: Halliburton Director Gains 7,485 Restricted Stock Units

Halliburton Co. Director Earl M. Cummings reported the acquisition of 7,485 restricted stock units, vesting in one year.

Summary

• Director Earl M. Cummings of Halliburton Co. acquired 7,485 restricted stock units (RSUs) on December 5, 2025.
• Each RSU represents a right to receive one share of the Company's common stock.
• These newly acquired RSUs will vest in one year on the first anniversary of the award date.
• Shares will be delivered to Mr. Cummings either upon vesting or, if deferred, following his cessation as a director.
• Following the reported transaction, Mr. Cummings directly beneficially owns 16,057 shares of common stock.
• He also beneficially owns 6,226.77 restricted stock units from a 2024 grant and 5,040.19 restricted stock units from a 2023 grant, both including dividend equivalent units through September 30, 2025.

Sentiment

Score: 6

Explanation: The filing reports a routine equity grant to a director, which is generally a neutral to slightly positive event as it aligns interests. No significant positive or negative operational news is present.

Positives

• The grant of restricted stock units to Director Earl M. Cummings aligns his interests with those of shareholders, as his compensation is tied to the company's future stock performance.

Future Outlook

The newly acquired restricted stock units are scheduled to vest in one year on the first anniversary of the award, indicating a future delivery of shares to the reporting person.

Industry Context

The grant of restricted stock units is a common form of equity compensation for directors in publicly traded companies, including those in the energy services sector like Halliburton, designed to align executive and director incentives with long-term shareholder value.

Stakeholder Impact

• Shareholders: The grant of equity compensation to a director helps align the director's financial interests with the long-term performance of the company, potentially benefiting shareholders.

Next Steps

• The 7,485 restricted stock units granted on December 5, 2025, are expected to vest on the first anniversary of the award date.

Key Dates

Keywords

Halliburton, HAL, Restricted Stock Units, RSU, Insider Transaction, Director Compensation, Equity Grant, Beneficial Ownership