Pope Lawrence J 4
4 · HALLIBURTON CO · Filed Mar 6, 2026
Research Summary
AI-generated summary of this filing
Hallibururton (HAL) EVP Lawrence J. Pope Sells 12,729 Shares
What Happened Lawrence J. Pope, EVP and Chief Administrative Officer of Halliburton Company, had 12,729 shares transferred back to Halliburton on March 5, 2026 to satisfy federal tax withholding obligations. The transaction used a $36.00 per-share valuation, resulting in a $458,244 disposition. This was an administrative tax-withholding transaction (code F), not an open-market sale.
Key Details
- Transaction date: March 5, 2026; Form 4 filed March 6, 2026 (timely).
- Shares transferred/forfeited: 12,729 at $36.00 per share — total value $458,244.
- Transaction code: F (shares withheld/transferred to issuer to satisfy tax withholding).
- Origin of shares: Performance Unit shares issued February 27, 2026; shares were withheld for tax reporting on March 5, 2026 (per footnotes).
- Shares owned after transaction: Not specified in this filing.
Context This was a routine tax-withholding event tied to restricted/performance shares vesting and the company’s plan allowing withholding via transfer of unrestricted shares back to the issuer. Such transactions are administrative and do not necessarily reflect a change in insider sentiment about the stock.
Insider Transaction Report
- Tax Payment
Common Stock
[F1][F2]2026-03-05$36.00/sh−12,729$458,244→ 433,254.685 total
- 51,100
Option to Buy Common Stock
Exercise: $31.44From: 2018-12-05Exp: 2028-12-05→ Common Stock (51,100 underlying) - 34,300
Option to Buy Common Stock
Exercise: $43.38From: 2017-12-06Exp: 2027-12-06→ Common Stock (34,300 underlying) - 30,500
Option to Buy Common Stock
Exercise: $53.54From: 2016-12-07Exp: 2026-12-07→ Common Stock (30,500 underlying)
Footnotes (2)
- [F1]Shares transferred to Halliburton Company for payment for Federal tax withholding obligations on lapse of restrictions on shares issued under the Stock and Incentive Plan. Said Plan permits Reporting Person to satisfy withholding tax obligation by transferring unrestricted shares to the Issuer.
- [F2]The Performance Unit shares were issued on February 27, 2026. The closing price of Halliburton Company's Common Stock on the New York Stock Exchange on February 27, 2026 was $36.00. Shares were withheld for tax reporting on March 5, 2026.