Form 4: Halliburton Director Margaret Katherine Banks Reports Stock Sale
SEC Form 4
Director Margaret Katherine Banks sold 3,900 shares of Halliburton stock at $24.035 per share on March 4, 2025.
Summary
- On March 4, 2025, Margaret Katherine Banks, a director of Halliburton Co, sold 3,900 shares of common stock at a price of $24.035 per share.
- Following the transaction, Banks directly owns 10,551 shares of Halliburton common stock.
- Banks also holds restricted stock units representing the right to receive shares of Halliburton common stock, which vest in one year from the date of grant.
- These restricted stock units were granted in December of 2021, 2022 and 2024.
- The filing also includes dividend equivalent units through December 31, 2024.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a stock sale by a company director. It doesn't convey any particular positive or negative sentiment about the company's performance or outlook.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. This sale by a Halliburton director is a normal occurrence and doesn't necessarily indicate a change in the company's prospects.
Stakeholder Impact
- The stock sale may have a minor impact on shareholders due to the increased supply of shares in the market, but the effect is likely to be minimal given the relatively small number of shares involved.
Key Dates
| Date | Description |
|---|---|
| 12/2021 | Restricted Stock Units granted |
| 12/2022 | Restricted Stock Units granted |
| 12/2024 | Restricted Stock Units granted |
| 03/04/2025 | Date of stock sale transaction |
| 03/05/2025 | Date of Form 4 filing |
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