Pope Lawrence J 4
Research Summary
AI-generated summary
Halliburton (HAL) EVP Lawrence J. Pope Receives 32,347-Share Award
What Happened
- Lawrence J. Pope, Executive Vice President and Chief Administrative Officer of Halliburton Company, was issued 32,347 shares of common stock on February 27, 2026. The shares are reported at $36.00 per share for a total value of $1,164,492. This was an award/issuance (transaction code A) resulting from the vesting of previously granted performance share units, not an open-market purchase or sale.
Key Details
- Transaction date and price: February 27, 2026 — 32,347 shares @ $36.00 (total ~$1,164,492).
- Transaction type/code: Award/Grant (A) — issuance upon vesting of performance units.
- Footnote: Shares issued upon achievement of performance criteria and vesting of performance share units granted on January 3, 2023 under the Halliburton Performance Unit Program.
- Shares owned after transaction: not specified in the information provided in this summary.
- Filing timeliness: Report filed on March 3, 2026; this appears to be within the standard two-business-day Form 4 reporting window following the Feb 27, 2026 transaction.
Context
- This was the vesting and issuance of performance-based compensation, not a market buy or sale. Such awards reflect compensation paid if performance goals are met over a multi-year period and do not, by themselves, indicate the insider is buying or selling based on near-term views of the stock.