Halliburton (NYSE: HAL) EVP uses shares to cover tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Halliburton Company executive Lawrence J. Pope reported a tax-related share transfer rather than an open-market trade. On March 5, 2026, he transferred 12,729 shares of common stock at $36.00 per share back to Halliburton to satisfy federal tax withholding obligations tied to restricted shares under the Stock and Incentive Plan.
The footnotes state that the performance unit shares were issued on February 27, 2026 at a New York Stock Exchange closing price of $36.00, and shares were withheld for tax reporting on March 5, 2026. After this transaction, Pope directly owned 433,254.685 shares of common stock, and continued to hold several option grants to buy common stock, including positions with 51,100, 34,300, and 30,500 options outstanding.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Pope Lawrence J
Role
EVP and Chief Admin Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 12,729 | $36.00 | $458K |
| holding | Option to Buy Common Stock | -- | -- | -- |
| holding | Option to Buy Common Stock | -- | -- | -- |
| holding | Option to Buy Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 433,254.685 shares (Direct);
Option to Buy Common Stock — 51,100 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) report for Lawrence J. Pope?
Halliburton reported that EVP and Chief Admin Officer Lawrence J. Pope transferred 12,729 common shares to the company to cover federal tax withholding obligations. The transfer was related to restricted shares issued under Halliburton’s Stock and Incentive Plan, not an open-market sale.
Was Lawrence J. Pope’s Halliburton (HAL) transaction a stock sale on the open market?
No. The transaction is coded as a tax-withholding disposition, not an open-market sale. Shares were transferred back to Halliburton to satisfy federal tax obligations triggered when restrictions lapsed on performance-based shares issued under the company’s Stock and Incentive Plan.
What do the footnotes in Lawrence J. Pope’s Halliburton (HAL) Form 4 explain?
The footnotes explain that performance unit shares were issued on February 27, 2026 at a $36.00 closing price, and that shares were later withheld on March 5, 2026 for tax reporting. They also note the plan permits satisfying withholding by transferring unrestricted shares to Halliburton.
What stock options does Lawrence J. Pope hold in Halliburton (HAL) after the filing?
The Form 4 shows multiple option grants to buy Halliburton common stock. After the reported date, he held options with 51,100, 34,300, and 30,500 shares outstanding, each listed as directly owned holdings separate from his common stock share ownership.