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
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.
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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Equivalent Units | 1,372.04 | $0.00 | -- |
| holding | 12/2024 Restricted Stock Units | -- | -- | -- |
| holding | 12/2023 Restricted Stock Units | -- | -- | -- |
| holding | 03/2023 Restricted Stock Units | -- | -- | -- |
Footnotes (1)
- The security converts to common stock on a one-for-one basis. 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. 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. 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. Each restricted stock unit represents a right to receive one share of the Company common stock. 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. Includes stock equivalent units through September 30, 2025.
