Beckwith Van H. 4
Research Summary
AI-generated summary
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.