Form 4: Halliburton Executive Sells Shares for Tax Withholding

Halliburton EVP Van H. Beckwith disposed of 12,729 common shares to cover tax obligations related to a stock plan.

Summary

• Van H. Beckwith, EVP, Secretary, and CLO of Halliburton Co. (HAL), reported a disposition of common stock.
• On March 5, 2026, Beckwith disposed of 12,729 shares of Halliburton Common Stock.
• The shares were transferred to Halliburton Company to satisfy Federal tax withholding obligations.
• This transaction was related to the lapse of restrictions on shares issued under the company's Stock and Incentive Plan.
• The closing price of Halliburton Common Stock on February 27, 2026, the date the Performance Unit shares were issued, was $36.00 per share.
• Following this transaction, Beckwith beneficially owns 364,153.49 shares directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, representing a routine administrative transaction related to executive compensation rather than a strategic move or a reflection of company performance.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that routine insider transactions, such as share dispositions for tax withholding, are common occurrences in executive compensation plans across all industries. These transactions typically do not reflect a change in management's outlook on the company's performance but rather a standard part of equity-based compensation vesting.

Related Party Transactions

• Van H. Beckwith, an executive of Halliburton, transferred shares to Halliburton Company to satisfy tax withholding obligations related to his equity compensation plan.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine, non-discretionary transaction for tax purposes, not indicative of a change in executive confidence or company fundamentals.

Key Dates

Recommendation

This Form 4 filing details a routine disposition of shares by an executive to cover tax withholding obligations upon the vesting of equity awards. Such transactions are administrative in nature and do not typically signal a change in the company's operational performance or the executive's long-term view of the stock. Therefore, it does not warrant a change in investment recommendation based solely on this filing.

Keywords

Halliburton, HAL, SEC Form 4, Insider Transaction, Stock Sale, Tax Withholding, Executive Compensation, Van H. Beckwith, Common Stock