Form 4: Halliburton EVP Sells Shares, Covers Taxes

Halliburton's EVP, Secretary, and CLO, Van H. Beckwith, reported the sale of common stock and shares withheld for tax obligations.

Summary

• Van H. Beckwith, Executive Vice President, Secretary, and Chief Legal Officer of Halliburton Co (HAL), reported transactions involving the company's common stock.
• On January 8, 2026, 6,163 shares of common stock were transferred to Halliburton Company for payment of Federal tax withholding obligations related to the lapse of restrictions on shares issued under the Stock and Incentive Plan. The value per share for this transaction was $29.60, based on the closing price on January 2, 2026.
• On January 9, 2026, 17,798 shares of common stock were sold at a price of $32.30 per share.
• The sale on January 9, 2026, was effected pursuant to a Rule 10b5-1 trading plan adopted by Mr. Beckwith on August 13, 2025.
• Following these transactions, Mr. Beckwith directly beneficially owns 344,535.49 shares of common stock.
• Mr. Beckwith also holds an option to buy 54,348 shares of common stock at an exercise price of $23.57, exercisable from January 15, 2020, and expiring on January 15, 2030.

Sentiment

Score: 5

Explanation: The filing reports routine insider transactions, including tax-related share dispositions and a pre-planned sale under a 10b5-1 plan. These are standard events for executives and do not inherently suggest positive or negative sentiment regarding the company's performance or outlook.

Positives

• The sale of shares was conducted under a pre-established Rule 10b5-1 trading plan, indicating a planned, rather than reactive, disposition of shares.

Negatives

• Insider selling, even if pre-planned, can sometimes be perceived negatively by the market, though these are routine transactions for executive compensation.

Future Outlook

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

Industry Context

This filing is a routine disclosure of insider transactions and does not provide specific insights into broader industry trends or competitive landscape. It reflects standard executive compensation practices within the oilfield services sector.

Stakeholder Impact

• Shareholders: The transactions represent a routine disposition of shares by a key executive, which is common for compensation and personal financial planning. The pre-planned nature of the sale under a 10b5-1 plan mitigates concerns about reactive selling.

Key Dates

Recommendation

This Form 4 details routine insider transactions, including tax-related share dispositions and a pre-planned sale under a 10b5-1 plan. Such transactions are common for executives and generally do not indicate a change in the company's fundamental prospects or warrant a shift in investment recommendation based solely on this filing. Investors should continue to evaluate Halliburton based on its operational performance, financial results, and broader industry outlook.

Keywords

Halliburton, HAL, Insider Trading, Form 4, Stock Sale, Executive Compensation, 10b5-1 Plan, Van H. Beckwith