Halliburton director gets 1,079.638 stock units grant
Halliburton director Maurice S. Smith reported a new compensation award of 1,079.638 stock equivalent units linked to Halliburton common stock.
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Form Type
4
Rhea-AI Filing Summary
Halliburton director Maurice S. Smith reported a new compensation award of 1,079.638 stock equivalent units linked to Halliburton common stock. These units were acquired at a stated price of $0.00 under the company’s Directors' Deferred Compensation Plan and convert to common shares on a one-for-one basis following cessation as a director.
The filing also lists existing awards of restricted stock units from 2023, 2024, and 2025, each representing the right to receive Halliburton common shares. Footnotes explain that stock equivalent units accrue from director fees and dividends, using closing prices of $38.63, $33.90, and $34.09 on specified dates.
Insider Trade Summary
Grant/Award: 1,079.638 shares
Grant/Award
5 txns
Insider
Smith Maurice S
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Equivalent Units | 1,079.638 | $0.00 | $0.00 |
| holding | 12/2025 Restricted Stock Units | -- | -- | -- |
| holding | 12/2024 Restricted Stock Units | -- | -- | -- |
| holding | 12/2023 Restricted Stock Units | -- | -- | -- |
| holding | 03/2023 Restricted Stock Units | -- | -- | -- |
Holdings After Transaction:
Stock Equivalent Units — 14,848.092 contracts (Direct);
12/2025 Restricted Stock Units — 7,555.64 contracts (Direct);
12/2024 Restricted Stock Units — 6,323.65 contracts (Direct);
12/2023 Restricted Stock Units — 5,118.62 contracts (Direct);
03/2023 Restricted Stock Units — 4,090.9 contracts (Direct)
Footnotes (7)
- F1. The security converts to common stock on a one-for-one basis.
- F2. Stock equivalents acquired under the Halliburton Company Directors' Deferred Compensation Plan reported on a pro-rata basis to reflect Issuer's Plan period. Said Plan is an ongoing securities acquisition plan.
- F3. The stock equivalent units were accrued under the Company's Directors' Deferred Compensation Plan and are settled in the Company's common stock following cessation as a director.
- F4. A portion of the stock equivalents are attributable to dividends and a portion are attributable to quarterly fees and are based on the closing price on March 25, 2026 of $38.63, June 24, 2026 of $33.90, and June 29, 2026 of $34.09.
- F5. Each restricted stock unit represents a right to receive one share of the Company common stock.
- F6. The restricted stock units vest in one year on the first anniversary of the award. Shares will be delivered to the reporting person either upon vesting, or if reporting person elected to defer receipt, following cessation as a director.
- F7. Includes stock equivalent units through June 30, 2026.
Key Figures
New stock equivalent units granted: 1,079.638 units
Total stock equivalent units held: 14,848.092 units
03/2023 RSUs underlying shares: 4,090.900 shares
+5 more
8 metrics
New stock equivalent units granted
1,079.638 units
Directors' Deferred Compensation Plan award
Total stock equivalent units held
14,848.092 units
Including units through June 30, 2026
03/2023 RSUs underlying shares
4,090.900 shares
Restricted Stock Units, underlying Halliburton common
12/2023 RSUs underlying shares
5,118.620 shares
Restricted Stock Units, underlying Halliburton common
12/2024 RSUs underlying shares
6,323.650 shares
Restricted Stock Units, underlying Halliburton common
12/2025 RSUs underlying shares
7,555.640 shares
Restricted Stock Units, underlying Halliburton common
Reference price March 25, 2026
$38.63
Used for part of stock equivalent unit accrual
Reference prices June 24 and 29, 2026
$33.90 and $34.09
Used for fees and dividend-related accruals
Key Terms
Directors' Deferred Compensation Plan, stock equivalent units, restricted stock unit, pro-rata basis, +1 more
5 terms
Directors' Deferred Compensation Plan financial
"Stock equivalents acquired under the Halliburton Company Directors' Deferred Compensation Plan reported on a pro-rata basis"
stock equivalent units financial
"The stock equivalent units were accrued under the Company's Directors' Deferred Compensation Plan"
Stock equivalent units are financial claims or instruments that are treated as if they were actual shares for purposes like calculating ownership, dilution, and earnings per share. Think of them as promises or placeholders for future slices of company pie—options, restricted units, or convertible securities—that don’t yet sit on the table but will reduce each existing slice when converted. Investors track them because they change how much of a company each share really represents and can affect valuation and voting power.
restricted stock unit financial
"Each restricted stock unit represents a right to receive one share of the Company common stock"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
pro-rata basis financial
"Stock equivalents acquired under the Halliburton Company Directors' Deferred Compensation Plan reported on a pro-rata basis"
Allocation or distribution that gives each participant a share proportional to their existing ownership, stake or entitlement — like slicing a pie so everyone gets a piece matching how big their original slice was. For investors this matters because it determines how much of new shares, dividends, fees or obligations they receive, helps preserve or change ownership percentages, and directly affects dilution and voting power.
vest financial
"The restricted stock units vest in one year on the first anniversary of the award"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Halliburton (HAL) director Maurice S. Smith report in this Form 4?
Maurice S. Smith reported receiving 1,079.638 stock equivalent units as compensation. These units are tied to Halliburton common stock and were acquired at a stated price of $0.00 under the Directors' Deferred Compensation Plan.
How do Maurice S. Smith’s Halliburton stock equivalent units work?
Each stock equivalent unit converts into one Halliburton common share. The units were accrued under the Directors' Deferred Compensation Plan and are generally settled in common stock after Smith’s service as a director ends, according to the filing footnotes.
What restricted stock units does Maurice S. Smith hold at Halliburton (HAL)?
Maurice S. Smith holds multiple restricted stock unit awards from March 2023, December 2023, December 2024, and December 2025. Each restricted stock unit represents the right to receive one Halliburton common share upon vesting or deferred settlement, as described in the footnotes.
When will Maurice S. Smith’s Halliburton restricted stock units vest or be delivered?
The filing states restricted stock units vest in one year on the first anniversary of the award. Shares are delivered either at vesting or, if Smith elected deferral, after his service as a director ends, consistent with the plan’s terms.
How were Maurice S. Smith’s Halliburton stock equivalent units valued?
A portion of the stock equivalent units is attributable to dividends and quarterly fees. These amounts were based on Halliburton closing prices of $38.63, $33.90, and $34.09 on specified dates mentioned in the footnotes of the Form 4.
What total Halliburton stock equivalent units does Maurice S. Smith report holding?
Following the reported award, Smith’s total stock equivalent units under the Directors' Deferred Compensation Plan are 14,848.092. The filing notes this total includes stock equivalent units accrued through June 30, 2026, according to the footnotes.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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