Insider Trading June 22, 2026 11:29 AM

Halliburton Executive Eric Carre Executes Stock Sale Under Pre-arranged Plan

CFO divests 24,778 shares as energy services firm navigates dividend continuity and strategic options analysis.

By Maya Rios
Share
Twitter Reddit Facebook LinkedIn
HAL

Halliburton Company Executive Vice President and Chief Financial Officer Eric Carre has executed a significant divestment of company stock, selling 24,778 shares on June 18, 2026. The transaction, processed at $35.89 per share, resulted in proceeds totaling approximately $889,282. This sale was facilitated through a Rule 10b5-1 trading plan, which Carre established earlier in the year on March 18, 2026. The executive retains a substantial equity position in the firm, with direct holdings totaling 148,520.478 shares as of June 22, 2026. This figure encompasses 243.855 shares acquired through the company's dividend reinvestment program. The transaction occurs against a backdrop of mixed market performance for Halliburton, with the stock experiencing a decline of over 8% in the preceding week, despite delivering a robust 60% return over the trailing twelve-month period. Current market data indicates the stock trading at $34.60, a valuation that sits below the firm's calculated Fair Value.

Halliburton Executive Eric Carre Executes Stock Sale Under Pre-arranged Plan
HAL
Summarize with
ChatGPT Perplexity Claude Grok Gemini

Key Points

  • Eric Carre sold 24,778 shares of Halliburton stock at $35.89 per share, totaling approximately $889,282, under a pre-arranged Rule 10b5-1 plan established in March 2026.
  • Halliburton continues its long-term dividend commitment with a $0.17 quarterly payout, marking the 56th consecutive year of dividend payments.
  • Barclays has identified strategic options trading opportunities in Halliburton, highlighting the company alongside Nvidia and Snowflake for potential investor activity.

Eric Carre, serving as Executive Vice President and Chief Financial Officer for Halliburton Co. (NYSE: HAL), has completed the sale of 24,778 shares of the company's common equity. Executed on June 18, 2026, the transaction was valued at approximately $889,282. The sale was facilitated at a price point of $35.89 per share. This divestment activity follows a period of recent price volatility, with Halliburton shares declining more than 8% over the preceding week. Despite this short-term contraction, the stock has generated a substantial 60% return over the last year, according to data from InvestingPro. Current market indicators show the stock trading at $34.60, a level that remains below the firm's assessed Fair Value.

The transaction was conducted under the parameters of a Rule 10b5-1 trading plan, a mechanism designed to facilitate pre-arranged stock transactions. Mr. Carre initially adopted this plan on March 18, 2026. Following the execution of this sale, Mr. Carre's direct ownership of Halliburton common stock stands at 148,520.478 shares. This total equity position includes 243.855 shares that were accumulated through the company's dividend reinvestment program as of June 22, 2026. The firm has demonstrated long-term capital return commitment, having maintained dividend payments for 56 consecutive years.

Mr. Carre's equity exposure extends beyond common stock holdings to include significant derivative positions in Halliburton. These derivative holdings consist of options to purchase 50,100 shares at an exercise price of $31.44, with an expiration date of December 5, 2028. Additionally, he holds options for 34,425 shares at an exercise price of $43.38, expiring on December 6, 2027. A third tranche of options covers 30,100 shares at an exercise price of $53.54, set to mature on December 7, 2026.

In parallel operational developments, Halliburton Company announced a quarterly dividend of $0.17 per share for its common stock. This distribution is scheduled to be payable on June 24, 2026, to shareholders of record as of June 3, 2026. Furthermore, the company reported that all proposals presented at its annual meeting received shareholder approval, including the election of all nominated directors. In a related market development, Barclays has identified specific options trading opportunities in Halliburton, suggesting strategic trades ahead of key corporate events. Barclays Equity Derivatives Strategy highlighted Halliburton alongside Nvidia and Snowflake for recommended options trades, indicating potential opportunities for investors.

Barclays also conducted a comprehensive analysis of compensation structures and board composition for several major U.S. energy service companies, including Halliburton, across different industry cycles. This analysis spanned from 2013 to the projected period of 2024-2025, providing insights into evolving pay metrics. These developments reflect the ongoing strategic and financial activities surrounding Halliburton and other energy service companies.

ProPicks AI evaluates HAL alongside thousands of other companies every month using 100+ financial metrics. Using powerful AI to generate exciting stock ideas, it looks beyond popularity to assess fundamentals, momentum, and valuation. The AI has no bias—it simply identifies which stocks offer the best risk-reward based on current data with notable past winners that include Super Micro Computer (+185%) and AppLovin (+157%). Want to know if HAL is currently featured in any ProPicks AI strategies, or if there are better opportunities in the same space? See More Stocks

Risks

  • Short-term price volatility is evident, with Halliburton shares declining over 8% in the week prior to the transaction, though the stock has maintained a 60% return over the last year.
  • The stock is currently trading at $34.60, which is below its assessed Fair Value, indicating potential valuation discrepancies or market sentiment shifts within the energy services sector.
  • While the sale was executed under a pre-arranged plan, executive divestments in the oil & gas sector can sometimes signal internal valuation perspectives to the market.

More from Insider Trading

Nektar Therapeutics Executive Sells Shares Under Pre-Existing Trading Plan Jun 22, 2026 Consumer Portfolio Services Executive Liquidates Holdings Following Option Exercise Jun 22, 2026 Anterix Executive Offloads $7.5M in Shares Amid Strong Q4 Earnings Jun 22, 2026 Barbara Baggio Disposes of $5,325 in VPLM Shares Amid High Volatility Jun 22, 2026 Standex International Director Barbara Edwards Sells Shares Amid Stock's Strong Performance Jun 22, 2026