Form 4: Halliburton Director Margaret Katherine Banks Sells 5,000 Shares

Director Margaret Katherine Banks sold 5,000 shares of Halliburton stock at $35.30 on March 5, 2024, and holds 9,625 shares after the transaction.

Summary

• On March 5, 2024, Margaret Katherine Banks, a director of Halliburton Co, sold 5,000 shares of common stock at a price of $35.30 per share.
• Following this transaction, Banks directly owns 9,625 shares of Halliburton.
• Banks also holds restricted stock units that will vest in the future and represent the right to receive Halliburton common stock.
• These restricted stock units were granted in December of 2021, 2022 and 2023 and vest one year after the grant date.
• The filing also includes dividend equivalent units through December 31, 2023.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it's a standard disclosure of a stock sale by a director. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

This filing is a routine disclosure of a transaction by a company insider and doesn't necessarily reflect a broader trend in the oilfield services industry.

Stakeholder Impact

• The sale of shares by a director could be perceived negatively by some shareholders, although it is a relatively small transaction.

Key Dates