Form 4: Halliburton Executive Sells Shares for Tax Obligations

Halliburton's President of Eastern Hemisphere, Rami Yassine, disposed of 1,407 common shares to cover tax withholding obligations.

Summary

• Rami Yassine, President Eastern Hemisphere of Halliburton Co. (HAL), reported a transaction on March 5, 2026.
• Yassine disposed of 1,407 shares of Common Stock.
• The shares were transferred to Halliburton Company to satisfy Federal tax withholding obligations related to the lapse of restrictions on shares issued under the Stock and Incentive Plan.
• The closing price of Halliburton Company's Common Stock on February 27, 2026, was $36.00, which was used for the tax calculation.
• Following this transaction, Yassine beneficially owns 162,061.84 shares of Common Stock directly.
• Yassine also holds several derivative securities (options to buy Common Stock) with various exercise prices and expiration dates, including 11,775 options at $24.68 expiring 01/02/2030, 9,517 options at $27.30 expiring 01/02/2029, 4,323 options at $49.61 expiring 01/02/2028, and 7,829 options at $43.84 expiring 08/14/2026.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, typical for executive compensation and tax planning, with no direct implications for the company's operational performance or future outlook.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that routine insider transactions for tax purposes, such as this Form 4 filing, are common and generally do not reflect a change in an executive's confidence in the company's long-term prospects or broader industry trends. These transactions are often pre-scheduled under Rule 10b5-1 plans.

Related Party Transactions

• Rami Yassine, an executive of Halliburton Company, transferred 1,407 shares of Common Stock to the company to satisfy federal tax withholding obligations related to vested shares under the Stock and Incentive Plan.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine tax-related transaction by an insider, not indicative of a change in company fundamentals or executive confidence.
• Employees: No direct impact on general employees.
• Management: Rami Yassine's beneficial ownership adjusted due to tax obligations on vested shares.

Key Dates

Recommendation

This Form 4 filing reports a routine disposal of shares by an executive to cover tax withholding obligations on vested equity. Such transactions are common and often pre-scheduled, and do not typically signal a change in the company's fundamental outlook or the executive's long-term confidence. Therefore, it does not provide new information that would alter an existing investment thesis, warranting a 'hold' recommendation.

Keywords

Halliburton, HAL, Rami Yassine, Form 4, Insider Transaction, Stock Sale, Tax Withholding, Executive Compensation, Common Stock, Derivative Securities