Miller Jeffrey Allen 4
Research Summary
AI-generated summary
Halliburton (HAL) CEO Jeffrey Miller Transfers 45,572 Shares for Taxes
What Happened
- Jeffrey Allen Miller, Halliburton's President & CEO and a director, transferred 45,572 shares of Halliburton common stock to the company on March 5, 2026 to satisfy federal tax withholding obligations. The shares were valued at $36.00 each, for a total value of $1,640,592. This was a tax-withholding disposition (routine), not an open-market sale or purchase.
Key Details
- Transaction date: March 5, 2026; Form filed: March 6, 2026 (appears timely; Form 4 is due within two business days).
- Price per share: $36.00; total value: $1,640,592.
- Transaction type/code: F — payment of exercise price or tax liability (shares transferred to issuer to satisfy withholding).
- Origin of shares: Performance units issued Feb 27, 2026; shares withheld for tax reporting on March 5, 2026 (see footnote).
- Shares owned after transaction: Not reported in this Form 4.
Context
- This was a cashless/withholding action to cover taxes on restricted/performance shares that vested — a common, administrative insider transaction that does not necessarily indicate a change in the insider’s view on the stock.
- Footnotes: Company program permits withholding by transferring unrestricted shares back to the issuer; performance units were issued Feb 27, 2026 and the NYSE closing price that day was $36.00.