Halliburton Company (NYSE:HAL) awarded Mark Mccollum, Executive Vice President and Chief Financial Officer, with a stock grant of 50,000 shares on Tuesday. The Common Stock has a total value of $3.513 million and was awarded pursuant to the Halliburton Company Stock and Incentive Plan. The Executive VP is one of the most active stock traders at Halliburton, as he just recently unloaded 40,600 shares of Common Stock for a price of $69.36 per share in June.
Stock sales have undoubtedly been frequent at the $60.3 billion market cap oilfield service provider this quarter, with Lawrence Pope, Executive Vice President of Administration, selling 3,000 shares on Tuesday, for a price of $69.97 per share. Larger sales throughout June include Chairman, President and Chief Executive Officer David Lesar’s disposition of 42,100 shares, which the insider unloaded for $70.99 per share, leaving him with a remaining 556,472 company holdings.
In terms of hedge fund positions, David Trepper’s Appaloosa Management Lp remains the largest shareholder, with over 5 million shares, worth $295.9 million.