Yassine Rami 4
Research Summary
AI-generated summary
Hallibururton (HAL) President Yassine Rami Sells 1,407 Shares
What Happened
- Yassine Rami, President — Eastern Hemisphere of Halliburton Company, transferred (disposed) 1,407 shares to Halliburton on March 5, 2026 to satisfy tax withholding obligations related to recently vested performance shares. The shares were valued at $36.00 each, for a total disposition of $50,652. This was a tax-withholding disposition (routine), not an open-market sale.
Key Details
- Transaction date: 2026-03-05; Price per share: $36.00; Total value disposed: $50,652. (Transaction code F = tax withholding.)
- Shares owned after transaction: Not disclosed in the provided filing.
- Footnotes: F1 — shares were transferred back to Halliburton to satisfy federal tax withholding on lapse of restrictions under the Stock and Incentive Plan. F2 — the related Performance Unit shares were issued on Feb 27, 2026; the NYSE closing price on that date was $36.00; shares were withheld for tax reporting on March 5, 2026.
- Filing timeliness: Report filed 2026-03-06 for a 2026-03-05 transaction (appears timely).
Context
- This was a withholding of shares to cover taxes on vested performance awards (a common, routine practice), not a deliberate open-market sale that would signal a change in insider sentiment. The underlying award was issued Feb 27, 2026 and shares were withheld on March 5 to meet tax obligations.