Form 4: Halliburton Executive Sells Shares Under 10b5-1 Plan
Insider Transaction Report
Halliburton Co. reports that EVP, Secretary and CLO Van H. Beckwith sold 198,349 shares of common stock for approximately $41.29 per share, executed under a pre-arranged trading plan.
Summary
- Van H. Beckwith, EVP, Secretary and CLO of Halliburton Co., reported a transaction involving common stock.
- The transaction, dated May 15, 2026, involved the sale of 198,349 shares.
- The sale was executed at a weighted average price of $41.29 per share, with individual sales ranging from $41.15 to $41.38.
- This transaction was conducted under a Rule 10b5-1 trading plan adopted by the reporting person on August 13, 2025.
- Following the transaction, Beckwith beneficially owns 146,186.49 shares of common stock directly.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event. The sale was conducted under a pre-established trading plan, indicating it was likely planned in advance and not necessarily a reflection of current negative sentiment towards the company's future prospects.
Negatives
- A significant number of shares (198,349) were sold by a key executive.
Future Outlook
No specific future outlook or guidance is provided in this Form 4 filing, which solely reports a past transaction.
Industry Context
StockSavvy.ai notes that insider selling, particularly under a Rule 10b5-1 plan, is a common practice for executives to diversify holdings or manage personal finances. While the sale itself is a factual event, the context of the broader market and Halliburton's performance would be crucial for interpreting the significance of this transaction.
Stakeholder Impact
- Shareholders: The sale of a significant number of shares by a key executive might be perceived negatively by some shareholders, potentially impacting short-term stock price sentiment, although the transaction was conducted under a pre-planned Rule 10b5-1 trading plan.
Key Dates
| Date | Description |
|---|---|
| 08/13/2025 | Date Rule 10b5-1 trading plan was adopted by the Reporting Person. |
| 05/15/2026 | Date of transaction (sale of common stock). |
| 05/18/2026 | Date of filing of the Form 4. |
Keywords
Halliburton Co., HAL, Form 4, Insider Trading, Stock Sale, Rule 10b5-1, Executive Compensation, Beneficial Ownership
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