Form 4: Halliburton Exec Boosts Stake with Stock Award, RSU Vesting

Halliburton's President Eastern Hemisphere, Rami Yassine, acquired 41,156 shares via a stock award and 3,552 shares through RSU vesting on January 2, 2026.

Summary

• Rami Yassine, President Eastern Hemisphere of Halliburton Co (HAL), reported an acquisition of company shares.
• On January 2, 2026, Yassine was awarded 41,156 shares of Common Stock pursuant to the Halliburton Company Stock and Incentive Plan.
• The closing price of Halliburton Company's Common Stock on the New York Stock Exchange on the grant date of January 2, 2026, was $29.60 per share.
• Additionally, 3,552 shares of Common Stock vested from Restricted Stock Units (RSUs) granted on January 4, 2025, representing 20% of that award.
• Following these transactions, Yassine beneficially owns 70,991 shares of Common Stock directly.
• Yassine also holds 14,204 Restricted Stock Units, each representing the right to receive one share of common stock, which vest in five equal annual installments.
• Furthermore, Yassine holds various options to buy Common Stock, including 11,775 shares at $24.68 (expiring 01/02/2030), 9,517 shares at $27.30 (expiring 01/02/2029), 4,323 shares at $49.61 (expiring 01/02/2028), and 7,829 shares at $43.84 (expiring 08/14/2026).

Sentiment

Score: 7

Explanation: The filing indicates an increase in beneficial ownership by a key executive through a stock award and RSU vesting, which generally signals management's alignment with shareholder interests and confidence in the company's future, although these are routine compensation events.

Positives

• The acquisition of 41,156 shares through a stock award and 3,552 shares through RSU vesting increases the executive's direct beneficial ownership, signaling alignment with shareholder interests.
• The transactions are part of a structured incentive plan, indicating ongoing executive compensation and retention strategies.

Future Outlook

NA

Industry Context

Halliburton is a leading global provider of products and services to the energy industry. Insider transactions, particularly acquisitions through compensation plans, are common in the sector and can be viewed as a routine part of executive remuneration, aligning management's financial interests with the company's performance.

Corporate Governance

Related Party Transactions

• Executive compensation transactions under the Halliburton Company Stock and Incentive Plan, involving the award of common stock and vesting of restricted stock units to a company officer.

Stakeholder Impact

• Shareholders: Increased alignment of executive interests with shareholder value through direct stock ownership and incentive-based compensation.

Next Steps

• Future vesting events for the remaining 14,204 Restricted Stock Units, which vest in five equal annual installments beginning with the first anniversary of their award.

Key Dates

Recommendation

The filing details routine executive compensation, including a stock award and RSU vesting, which increases the executive's beneficial ownership. While this demonstrates management's alignment with shareholder interests, it does not present new fundamental information to warrant a change from a 'hold' position based solely on this Form 4.

Keywords

Halliburton, HAL, Rami Yassine, Insider Trading, Form 4, Stock Award, RSU Vesting, Executive Compensation, Oilfield Services