Carre Eric 4
Research Summary
AI-generated summary
Halliburton (HAL) CFO Eric Carre Transfers 12,729 Shares for Tax Withholding
What Happened
Eric Carre, Chief Financial Officer of Halliburton Company (HAL), transferred 12,729 shares of Halliburton common stock to the company on March 5, 2026 to satisfy Federal tax withholding obligations tied to the lapse of restrictions on recently issued performance units. The shares were valued at $36.00 each, totaling $458,244. This was a tax-withholding share transfer (not an open-market sale).
Key Details
- Transaction date: March 5, 2026 (filed on March 6, 2026).
- Transaction type/code: F — payment of tax liability via share transfer (shares withheld to cover taxes).
- Shares transferred: 12,729 at $36.00 per share; total value ≈ $458,244.
- Origin of shares: Performance units issued Feb 27, 2026; closing price on issuance date reported as $36.00. Shares were withheld for tax reporting on March 5, 2026 (see footnotes).
- Shares owned after transaction: Not reported in the provided filing excerpt.
- Filing timeliness: Filed the day after the transaction (appears timely based on provided dates).
Context
This was a routine tax-withholding transaction (sometimes called a sell-to-cover or net settlement) when restricted/performance shares vest — the company accepts shares in lieu of cash to satisfy tax withholding. Such transfers are administrative and do not necessarily indicate an insider’s view of the company’s prospects.