Beckwith Van H. 4
4 · HALLIBURTON CO · Filed Mar 6, 2026
Research Summary
AI-generated summary of this filing
Halliburton (HAL) EVP Van H. Beckwith Sells 12,729 Shares
What Happened
Van H. Beckwith, EVP, Secretary and Chief Legal Officer of Halliburton Company (HAL), had 12,729 shares transferred back to the company on March 5, 2026 to satisfy federal tax withholding obligations related to performance shares. The shares were valued at $36.00 each (closing price on 2026-02-27), for a total of $458,244. This was a tax-withholding disposition (Form 4 code F), not an open-market sale.
Key Details
- Transaction date: March 5, 2026; Form filed March 6, 2026 (filed promptly the next day).
- Price per share: $36.00; shares transferred/withheld: 12,729; total value: $458,244.
- Shares issued: Performance unit shares were issued Feb 27, 2026 (closing price $36.00 on that date). Shares were withheld on March 5 for tax reporting. (Footnotes F1, F2)
- Transaction type/code: F — shares transferred to issuer to satisfy tax withholding on vested awards.
- Shares owned after transaction: Not disclosed in the provided filing.
Context
This was a routine tax-withholding action on vested performance awards (shares withheld/retired by the company) rather than an active sale on the open market. Such withholding transactions are common after awards vest and do not necessarily indicate insider sentiment about the stock.
Insider Transaction Report
- Tax Payment
Common Stock
[F1][F2]2026-03-05$36.00/sh−12,729$458,244→ 364,153.49 total
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.