Halliburton (NYSE: HAL) exec sells 20,348 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Halliburton Company executive Michael Casey, President – Western Hemisphere, sold 20,348 shares of common stock in open-market transactions. The sales occurred on May 5, 2026 at prices of $42.00 and $41.84 per share and were effected under a Rule 10b5-1 trading plan adopted on February 3, 2026. A footnote also notes 656.906 shares previously purchased through the Halliburton Employee Stock Purchase Plan for the period ending March 31, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 20,348 shares ($852,445)
Net Sell
2 txns
Insider
Maxwell Michael Casey
Role
President - Western Hemisphere
Sold
20,348 shs ($852K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 13,566 | $41.84 | $568K |
| Sale | Common Stock | 6,782 | $42.00 | $285K |
Holdings After Transaction:
Common Stock — 100,544.783 shares (Direct, null)
Footnotes (1)
- The sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 3, 2026. Includes 656.906 shares of stock purchased through the Halliburton Company Employee Stock Purchase Plan for the period ending March 31, 2026.
Key Figures
Shares sold at $42.00: 6,782 shares
Shares sold at $41.84: 13,566 shares
Total shares sold: 20,348 shares
+3 more
6 metrics
Shares sold at $42.00
6,782 shares
Open-market sale of Halliburton common stock on May 5, 2026 at $42.00 per share
Shares sold at $41.84
13,566 shares
Open-market sale of Halliburton common stock on May 5, 2026 at $41.84 per share
Total shares sold
20,348 shares
Net sell volume in Halliburton common stock reported in this Form 4
Rule 10b5-1 plan adoption date
February 3, 2026
Date Michael Casey adopted the trading plan governing these sales
Employee Stock Purchase Plan shares
656.906 shares
Shares purchased through the Halliburton Employee Stock Purchase Plan for period ending March 31, 2026
Sale price range
$41.84–$42.00 per share
Per-share prices for the two reported open-market sales of Halliburton common stock
Key Terms
Rule 10b5-1 trading plan, Employee Stock Purchase Plan, open-market sale, non-derivative
4 terms
Rule 10b5-1 trading plan regulatory
"The sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
Employee Stock Purchase Plan financial
"shares of stock purchased through the Halliburton Company Employee Stock Purchase Plan"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
open-market sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
non-derivative financial
"transaction_type: non-derivative"
FAQ
What did Halliburton (HAL) executive Michael Casey report in this Form 4?
Michael Casey reported selling 20,348 shares of Halliburton common stock in open-market transactions. The trades occurred on May 5, 2026 and were executed at prices of $42.00 and $41.84 per share, according to the Form 4 filing’s transaction details and summary.
Was Michael Casey’s Halliburton (HAL) stock sale under a Rule 10b5-1 plan?
Yes. A footnote states the sale was effected pursuant to a Rule 10b5-1 trading plan adopted by Michael Casey on February 3, 2026. Rule 10b5-1 plans pre-schedule trades, indicating the timing of these sales was arranged in advance rather than decided spontaneously.
What type of transactions are shown in Michael Casey’s Halliburton (HAL) Form 4?
The Form 4 shows two non-derivative transactions coded as “S,” meaning open-market or private sales of common stock. Both transactions are classified as direct ownership, and together they represent a net sell of 20,348 Halliburton shares according to the transaction summary section.