Halliburton (HAL) Director Maurice S. Smith Receives Award

What Happened
Maurice S. Smith, a director of Halliburton Company (HAL), was granted/acquired 1,162.045 derivative stock units on 2026-09-30 under the Company’s directors’ compensation arrangements. These units convert to one share of common stock each (1:1) and are reported as derivative awards rather than an open-market purchase or sale. Based on the closing prices noted in the filing ($33.01 on 9/23/2026 and $31.54 on 9/29/2026), the award is roughly in the $36.6K–$38.4K range (about $37K).

Key Details

• Transaction date: 2026-09-30 (filed 2026-09-30).
• Security: 1,162.045 derivative stock-equivalent units (converts 1-for-1 to common stock). Price per share: N/A (award/derivative).
• Approximate value: ~$36.6K–$38.4K using closing prices cited in the filing; the filing itself lists units, not a cash price.
• Plan/footnotes: Units were granted/accumulated under the Halliburton Directors’ Deferred Compensation Plan and include stock-equivalent units and restricted stock units (some RSUs vest in one year). Units are settled in common stock upon vesting or following cessation as a director. A portion of units reflect dividends and quarterly fees (valuation based on the cited closing prices).
• Shares owned after transaction: not specified in the provided filing summary.
• Timeliness: Filing date matches the report date (no late-filing indication in summary).

Context
This is a routine director compensation award (deferred compensation and restricted-equity units), not an open-market buy or insider sale. The derivative units will convert to common shares on a one-for-one basis and may be delivered on vesting or when the director leaves the board, so this does not necessarily signal an immediate purchase of stock by the director.