Halliburton (NYSE: HAL) legal chief sells 198K shares under 10b5-1 plan
Rhea-AI Filing Summary
Halliburton Company executive Van H. Beckwith reported an open-market sale of 198,349 shares of Common Stock. The shares were sold on May 15, 2026 at a weighted average price of $41.29 per share, across multiple trades between $41.15 and $41.38.
After this transaction, Beckwith directly holds 146,186.49 Halliburton shares. The sale was carried out under a pre-arranged Rule 10b5-1 trading plan adopted on August 13, 2025, indicating the sales were scheduled in advance rather than timed discretionarily.
Positive
- None.
Negative
- None.
Insights
Large pre-planned insider sale, but routine under a Rule 10b5-1 plan.
Executive Vice President and Chief Legal Officer Van H. Beckwith executed an open-market sale of 198,349 Halliburton shares at a weighted average of $41.29. The transaction is a straightforward disposition of common stock, with no derivative exercises or complex instruments involved.
The filing shows Beckwith holds 146,186.49 shares directly after the sale, so he retains a substantial equity stake. The footnote confirms the trades were conducted under a pre-arranged Rule 10b5-1 trading plan adopted on August 13, 2025, which typically reflects planned diversification or liquidity rather than opportunistic timing.
Because the transaction occurs under a trading plan and the filing does not reference company-specific developments, it is best viewed as a routine insider liquidity event. Future company filings would be the place to look for any business updates that might change the broader investment picture.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 198,349 | $41.29 | $8.19M |
Footnotes (1)
- The sale was effected pursuant to a Rule 10b5-l trading plan adopted by the Reporting Person on August 13, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $41.15 to $41.38, inclusive. The Reporting Person undertakes to provide to Halliburton Company, any security holder of Halliburton Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (2) to this Form 4.