Form 4: Halliburton Senior VP and Treasurer Timothy McKeon Reports Acquisition of Common Stock

Sentiment:

SEC Form 4


Halliburton's Senior VP and Treasurer, Timothy McKeon, reports acquiring 13,876 shares of common stock at $25.01 per share on March 3, 2025, increasing his holdings to 91,660 shares.

Summary

  • On March 3, 2025, Timothy McKeon, Senior VP and Treasurer of Halliburton, acquired 13,876 shares of Halliburton common stock.
  • The shares were acquired at a price of $25.01 per share.
  • This acquisition increased McKeon's total holdings to 91,660 shares of Halliburton common stock.
  • The acquisition was a result of the vesting of performance share units granted on January 3, 2022, under the Halliburton Company Performance Unit Program, upon achievement of the performance criteria.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a standard regulatory filing. The acquisition itself could be seen as slightly positive, but the filing is primarily informational.

Positives

  • The acquisition of shares by a high-ranking officer could be seen as a positive signal about the company's prospects.

Industry Context

This filing is a routine disclosure of insider trading activity. It provides transparency into the actions of company executives and their confidence in the company's future.

Comparison to Industry Standards

  • Form 4 filings are standard practice for publicly traded companies and their executives.
  • Similar filings are made by executives at companies like Schlumberger and Baker Hughes when they trade their company's stock.

Stakeholder Impact

  • The acquisition of shares by a company executive can influence investor sentiment.

Key Dates

DateDescription
2015-12-02Date exercisable for Option to Buy Common Stock at $38.95, expiring 2025-12-02
2016-12-07Date exercisable for Option to Buy Common Stock at $53.54, expiring 2026-12-02
2017-12-06Date exercisable for Option to Buy Common Stock at $43.38, expiring 2027-12-06
2018-12-05Date exercisable for Option to Buy Common Stock at $31.44, expiring 2028-12-05
2022-01-03Date of grant for performance share units under the Halliburton Company Performance Unit Program.
2025-03-03Date of transaction: Timothy McKeon acquired 13,876 shares of common stock at $25.01 per share.
2025-03-05Date of filing: Form 4 filing date.

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