Smith Maurice S 4

What Happened

• Maurice S. Smith, a director of Halliburton Co. (HAL), received an award of 827.815 derivative units on 2026-03-30. These are stock-equivalent/restricted stock units that convert to common shares on a one-for-one basis and are reported as an acquisition (award), not an open-market purchase or sale. At the March 30, 2026 closing price of $39.26, the grant is roughly valued at $32,500. The units were recorded under the Company’s Directors’ Deferred Compensation Plan and/or as restricted stock units.

Key Details

• Transaction date: 2026-03-30 (report filed 2026-03-31 — timely).
• Units granted: 827.815 derivative units (no cash price; reported as award).
• Estimated value: ≈ $32,500 using $39.26 closing price on 3/30/2026 (footnote also cites $38.63 on 3/25/2026).
• Shares owned after transaction: not specified in this filing.
• Notable footnotes:
  • F1: Units convert to common stock 1-for-1.
  • F2–F4: Units include stock equivalents under the Directors’ Deferred Compensation Plan (accrued pro‑rata), and portions reflect dividend equivalents and fees.
  • F5–F6: Each restricted stock unit equals one share; RSUs vest in one year (shares delivered at vesting or, if deferred, upon cessation as a director).
  • F7: Reporting includes stock-equivalent units through 3/30/2026.
• Filing timeliness: filing appears timely (filed the next day).

Context

• This is a compensation award to a non-executive director (routine director pay), not a buy or sell that signals immediate insider sentiment. The units are derivative awards that will convert to shares on a one-for-one basis when vested or settled under the deferred compensation plan.