Halliburton (HAL) Director Reports RSU and Deferred Compensation Holdings

Rhea-AI Filing Summary

Maurice S. Smith, a Halliburton (HAL) director, reported acquisitions and existing holdings under director compensation plans. The filing shows 1,372.04 stock equivalent units acquired on 09/29/2025 under the Halliburton Directors' Deferred Compensation Plan, with a portion attributable to quarterly dividends and fees based on closing prices of $24.44 on September 24, 2025 and $25.00 on September 29, 2025. The report also lists restricted stock units vesting after one year from grant dates in 12/2024, 12/2023 and 03/2023, and totals of 11,728.754 shares and additional stock equivalent balances of 6,226.77, 5,040.19 and 4,028.23 respectively as reported through September 30, 2025. The units convert one-for-one to common stock and may be settled upon cessation as a director.

Positive

• Acquisition of 1,372.04 stock equivalent units on 09/29/2025 under the Directors' Deferred Compensation Plan
• Clear one-for-one conversion of stock equivalent units to common stock ensures straightforward settlement mechanics
• Detailed disclosure of closing prices ($24.44 and $25.00) used to attribute portions to dividends and fees

Negative

• None.

Insights

Corporate Governance Expert

TL;DR: Routine director compensation report; no unusual trading or disposal activity disclosed.

The Form 4 details standard long-term director compensation mechanisms: deferred compensation denominated in stock equivalents and time-based restricted stock units that convert one-for-one to common stock. The newly acquired 1,372.04 stock equivalent units reflect routine accruals for fees and dividends rather than open-market purchases. Vesting schedules and settlement-on-cessation provisions are typical governance features that align director incentives with shareholder value over time. There is no indication of dispositions or potentially irregular transactions in this filing.

Securities Compliance Analyst

TL;DR: Filing appears compliant and complete for reported items; disclosure includes valuation references.

The report includes transaction dates, amounts, and explicit conversion mechanics, plus reference closing prices used to calculate certain stock-equivalent attributions. Signatory authority is documented by power of attorney. From a compliance standpoint, the content supplies required disclosure elements for Section 16 reporting: relationship to issuer, transaction code, and post-transaction holdings. No material non-compliance or unexplained gaps are evident in the provided text.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Smith Maurice S

(Last) (First) (Middle)

3000 N. SAM HOUSTON PARKWAY E.

(Street)

HOUSTON TX 77032

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
HALLIBURTON CO [ HAL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
09/29/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Equivalent Units	(1)	09/29/2025		A		1,372.04(2)		(3)	(3)	Common Stock	1,372.04	(4)	11,728.754	D
12/2024 Restricted Stock Units	(5)							(6)	(6)	Common Stock	6,226.77(7)		6,226.77(7)	D
12/2023 Restricted Stock Units	(5)							(6)	(6)	Common Stock	5,040.19(7)		5,040.19(7)	D
03/2023 Restricted Stock Units	(5)							(6)	(6)	Common Stock	4,028.23(7)		4,028.23(7)	D

Explanation of Responses:

1. The security converts to common stock on a one-for-one basis.

2. Stock equivalents acquired under the Halliburton Company Directors' Deferred Compensation Plan reported on a pro-rata basis to reflect Issuer's Plan quarter. Said Plan is an ongoing securities acquisition plan.

3. 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.

4. A portion of the stock equivalents are attributable to quarterly dividends and a portion are attributable to quarterly fees and are based on the closing price on September 24, 2025 of $24.44 and September 29, 2025 of $25.00.

5. Each restricted stock unit represents a right to receive one share of the Company common stock.

6. 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.

7. Includes stock equivalent units through September 30, 2025.

Remarks:

	/s/ Sarah I. Rubenfeld, by Power of Attorney	10/01/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transaction did Maurice S. Smith report on Form 4 for HAL?

The Form 4 reports the acquisition of 1,372.04 stock equivalent units on 09/29/2025 under the Halliburton Directors' Deferred Compensation Plan.

Do the stock equivalent units convert to Halliburton common stock (HAL)?

Yes. The filing states the security converts one-for-one to common stock and is settled in common stock following cessation as a director.

What restricted stock units are disclosed in the filing?

The filing lists restricted stock units from 03/2023, 12/2023, and 12/2024 with respective reported amounts of 4,028.23, 5,040.19, and 6,226.77 (stock equivalents) as of 09/30/2025.

Were any dispositions or open-market sales reported by the director?

No dispositions or sales are shown in the provided Form 4; entries reflect acquisitions and vested/vestable restricted stock units.

What prices were used to attribute portions of the stock equivalents?

The filing cites closing prices of $24.44 on September 24, 2025 and $25.00 on September 29, 2025 for attribution of dividends and fees.