Form 4: Halliburton EVP Sells Shares for Tax Obligations
Insider Transaction Report
Halliburton's EVP and Chief Administrative Officer, Lawrence J. Pope, disposed of 6,163 common shares to cover federal tax withholding obligations on vested stock.
Summary
- Lawrence J. Pope, Executive Vice President and Chief Administrative Officer of Halliburton Company (HAL), reported a disposition of 6,163 shares of common stock.
- The transaction occurred on January 8, 2026, and was for the purpose of satisfying federal tax withholding obligations on shares issued under the company's Stock and Incentive Plan.
- The shares were transferred to Halliburton Company at a price of $29.60 per share, which was the closing price on January 2, 2026.
- Following this transaction, Mr. Pope beneficially owns 413,636.685 shares of common stock.
- The filing also lists existing derivative securities, including options to buy common stock with various exercise prices and expiration dates, which remain beneficially owned.
Sentiment
Score: 5
Explanation: The filing reports a routine, non-discretionary transaction by an executive to cover tax withholding obligations on vested stock. This type of transaction is neutral in sentiment as it does not reflect a discretionary sale based on the executive's view of the company's prospects, nor does it indicate any operational or financial changes for the company.
Future Outlook
This filing, a Form 4, does not contain any forward-looking statements or guidance regarding the company's future performance or strategic direction.
Industry Context
This routine insider transaction, involving the disposition of shares for tax withholding purposes, is a common occurrence for executives receiving equity compensation. It does not provide specific insights into broader industry trends or competitive dynamics within the oilfield services sector.
Stakeholder Impact
- The disposition of shares for tax withholding is a standard practice for executives receiving equity compensation and has a negligible direct impact on shareholders, employees, customers, suppliers, or creditors. It represents a routine administrative event related to executive compensation rather than a strategic or operational change.
Key Dates
| Date | Description |
|---|---|
| 12/07/2016 | Date exercisable for an option to buy common stock with an exercise price of $53.54, expiring 12/07/2026. |
| 12/06/2017 | Date exercisable for an option to buy common stock with an exercise price of $43.38, expiring 12/06/2027. |
| 12/05/2018 | Date exercisable for an option to buy common stock with an exercise price of $31.44, expiring 12/05/2028. |
| 01/03/2022 | Grant date for stock related to the vesting event. |
| 01/03/2023 | Grant date for stock related to the vesting event. |
| 01/02/2024 | Grant date for stock related to the vesting event. |
| 01/02/2025 | Grant date for stock related to the vesting event. |
| 01/02/2026 | Stock vested; closing price of Halliburton Company's Common Stock on the NYSE was $29.60. |
| 01/03/2026 | Stock vested (non-market date). |
| 01/08/2026 | Transaction date; shares withheld for tax reporting obligations. |
| 01/09/2026 | Signature date of the reporting person's attorney-in-fact. |
Keywords
Halliburton, HAL, Form 4, Insider Transaction, Executive Compensation, Stock Vesting, Tax Withholding, Lawrence J. Pope, Oilfield Services
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