Halliburton (NYSE: HAL) CEO covers tax withholding by transferring shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Halliburton Company Director, President & CEO Jeffrey Allen Miller reported a tax-related share transfer. On March 5, 2026, he disposed of 45,572 shares of Halliburton common stock at $36.00 per share to Halliburton to satisfy federal tax withholding tied to vesting of performance-based shares.
After this transaction, he directly held 1,171,482.02 Halliburton common shares. The filing also reports direct holdings of options to buy Halliburton common stock covering 128,500 shares and 69,500 shares, with these option positions reported as holdings rather than new option transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Miller Jeffrey Allen
Role
Director, President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 45,572 | $36.00 | $1.64M |
| holding | Option to Buy Common Stock | -- | -- | -- |
| holding | Option to Buy Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,171,482.02 shares (Direct);
Option to Buy Common Stock — 128,500 shares (Direct)
Footnotes (1)
- Shares transferred to Halliburton Company for payment for Federal tax withholding obligations on lapse of restrictions on shares issued under the Stock and Incentive Plan. Said Plan permits Reporting Person to satisfy withholding tax obligation by transferring unrestricted shares to the Issuer. The Performance Unit shares were issued on February 27, 2026. The closing price of Halliburton Company's Common Stock on the New York Stock Exchange on February 27, 2026 was $36.00. Shares were withheld for tax reporting on March 5, 2026.
FAQ
What insider transaction did Halliburton (HAL) CEO Jeffrey Allen Miller report?
Jeffrey Allen Miller reported transferring 45,572 Halliburton common shares at $36.00 per share to Halliburton Company to cover federal tax withholding. The transfer was connected to the vesting of performance-based shares issued under the company’s Stock and Incentive Plan.
Was the Halliburton (HAL) CEO’s Form 4 transaction an open-market stock sale?
No. The Form 4 describes a tax-withholding disposition, where 45,572 shares were transferred back to Halliburton Company at $36.00 per share to pay federal tax obligations on recently vested performance unit shares, rather than an open-market sale to outside investors.
What does the Halliburton (HAL) Form 4 reveal about the CEO’s stock options?
The Form 4 reports Jeffrey Allen Miller’s direct holdings of options to buy Halliburton common stock over 128,500 shares and 69,500 shares. These entries are listed as holdings, indicating existing option positions, not new grants, exercises, or sales in this particular filing.