Halliburton (NYSE: HAL) CEO sells 158,455 shares under Rule 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Halliburton Director, President & CEO Jeffrey Allen Miller sold 158,455 shares of common stock in an open-market sale at $40.0000 per share. The transaction was carried out under a pre-arranged Rule 10b5-1 trading plan adopted on February 13, 2025.
Following the sale, Miller directly owns 1,013,027.0200 shares of Halliburton common stock. He also holds vested options to buy 128,500 shares at an exercise price of $43.3800 expiring on December 6, 2027, and 69,500 shares at $53.5400 expiring on December 7, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 158,455 shares ($6,338,200)
Net Sell
3 txns
Insider
Miller Jeffrey Allen
Role
Director, President & CEO
Sold
158,455 shs ($6.34M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 158,455 | $40.00 | $6.34M |
| holding | Option to Buy Common Stock | -- | -- | -- |
| holding | Option to Buy Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,013,027.02 shares (Direct);
Option to Buy Common Stock — 128,500 shares (Direct)
Footnotes (1)
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Key Figures
Shares sold: 158,455 shares
Sale price per share: $40.0000 per share
Shares owned after sale: 1,013,027.0200 shares
+2 more
5 metrics
Shares sold
158,455 shares
Open-market sale of Halliburton common stock
Sale price per share
$40.0000 per share
Price for the 158,455-share open-market sale
Shares owned after sale
1,013,027.0200 shares
Direct Halliburton common stock holdings post-transaction
Option grant 1
128,500 underlying shares at $43.3800
Option to buy common stock expiring December 6, 2027
Option grant 2
69,500 underlying shares at $53.5400
Option to buy common stock expiring December 7, 2026
Key Terms
Rule 10b5-l trading plan, open-market sale, Option to Buy Common Stock, Form 4
4 terms
Rule 10b5-l trading plan financial
"The sale was effected pursuant to a Rule 10b5-l trading plan adopted by the Reporting Person"
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.
Option to Buy Common Stock financial
"security_title": "Option to Buy Common Stock""
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Halliburton (HAL) CEO Jeffrey Allen Miller report?
Jeffrey Allen Miller reported an open-market sale of Halliburton common stock. He sold 158,455 shares at a price of $40.0000 per share, according to the Form 4, while remaining a large shareholder through over 1.0 million directly owned shares.
Were Halliburton (HAL) CEO’s trades made under a Rule 10b5-1 plan?
Yes. A footnote states the sale was effected pursuant to a Rule 10b5-1 trading plan adopted by Jeffrey Allen Miller on February 13, 2025. Such plans pre-schedule trades, reducing the significance of short-term market timing decisions.
What stock options does the Halliburton (HAL) CEO still hold after this filing?
The CEO holds options to buy 128,500 Halliburton shares at an exercise price of $43.3800 expiring December 6, 2027. He also holds options for 69,500 shares at $53.5400 expiring December 7, 2026, providing additional potential future equity exposure.
Did the Halliburton (HAL) CEO exercise any stock options in this Form 4?
No option exercises are reported in this Form 4. The filing lists the option positions as holdings, with exercise prices of $43.3800 and $53.5400, but transaction data only shows an open-market sale of common stock, not an option exercise.