Form 4: Halliburton Exec's Tax Withholding on Vested Shares

Halliburton's SVP & Chief Accounting Officer, Stephanie Spoelker Holzhauser, reported the withholding of 4,336 shares for tax obligations related to vested stock.

Summary

• Stephanie Spoelker Holzhauser, SVP & Chief Accounting Officer at Halliburton Co (HAL), reported a transaction on January 8, 2026.
• 4,336 shares of common stock were disposed of to cover federal tax withholding obligations.
• The shares were valued at $29.60 each, based on the closing price on January 2, 2026.
• This transaction was related to the vesting of previously granted stock under the company's Stock and Incentive Plan.
• Following this transaction, Ms. Holzhauser directly beneficially owns 68,974.422 shares of common stock.
• The underlying stock vested on January 2, 2026, January 3, 2026, and January 4, 2026.

Sentiment

Score: 6

Explanation: Neutral to slightly positive. The transaction itself (tax withholding) is routine, but it stems from the positive event of stock vesting for an executive, indicating earned compensation.

Positives

• The transaction indicates the vesting of previously granted stock awards, which is a positive for the executive as it represents earned compensation.
• The company's Stock and Incentive Plan allows executives to satisfy tax obligations by transferring shares, providing flexibility.

Negatives

• The disposition of shares, even for tax purposes, reduces the executive's direct ownership in the company.

Future Outlook

No forward-looking statements or guidance are provided in this filing.

Industry Context

This is a routine insider transaction related to executive compensation and does not directly reflect broader industry trends or competitive dynamics within the energy services sector.

Comparison to Industry Standards

• The practice of executives satisfying tax obligations on vested equity awards by having shares withheld is a common and standard practice across industries, including the energy services sector where Halliburton operates.
• This method is widely accepted and often facilitated by company stock plans to manage the tax implications of equity compensation.

Related Party Transactions

• The transaction involves the transfer of shares from the reporting person to Halliburton Company to satisfy federal tax withholding obligations on vested stock, which is a standard mechanism within the company's Stock and Incentive Plan.

Stakeholder Impact

• Shareholders: Minimal direct impact. A small number of shares were withheld, which is a routine part of executive compensation and does not significantly alter the company's capital structure or outstanding shares.
• Employees: Reflects standard executive compensation practices, which can be a positive for employee morale regarding equity incentives.

Key Dates

Recommendation

This Form 4 filing details a routine insider transaction where an executive's shares were withheld to cover tax obligations upon vesting. It does not indicate any fundamental change in the company's operations, financial health, or strategic direction. Therefore, it provides no new information that would warrant a change in an investment recommendation based solely on this filing. The underlying vesting event is a positive for the executive, but the tax withholding is a standard, neutral event for the company's stock.

Keywords

Halliburton, HAL, SEC Form 4, Insider Trading, Stock Vesting, Tax Withholding, Executive Compensation, Stephanie Spoelker Holzhauser, Common Stock, Stock Options