Banks Margaret Katherine 4

What Happened
Margaret K. Banks, a director of Halliburton Co. (HAL), sold 2,600 shares in an open-market sale on January 26, 2026, at $34.17 per share for a total of approximately $88,855. This was a disposition (sale), which is typically a routine liquidity event rather than a direct signal of company outlook.

Key Details

• Transaction date and price: 2026-01-26, 2,600 shares at $34.17 each.
• Total proceeds: about $88,855.
• Shares owned after the transaction: not specified in this filing.
• Filing date: Form 4 filed Jan 27, 2026 (covers the Jan 26 transaction), appearing to be timely.
• Transaction code: S = Sale (open market or private sale).
• Relevant footnotes from the filing:
  • F1: Each restricted stock unit (RSU) represents a right to receive one share.
  • F2: RSUs vest in one year from the award; shares are delivered on vesting or after cessation if deferred.
  • F3/F4: Filing notes include dividend equivalent units (31.87 and 51.38 units) acquired through Dec 31, 2025.

Context
This report documents a straightforward sale of existing shares. Sales by directors can be for many reasons (diversification, tax needs, planned liquidity); the filing itself does not explain motivation. The footnotes indicate the director also holds restricted stock units and dividend equivalents, which describe how some future share deliveries may occur.