Koil Energy director exercises 50K stock options

Koil Energy Solutions, Inc. director and ten percent owner David J. Douglas exercised 50,000 stock options at $0.72 per share, receiving an equal number of common shares.

Rhea-AI Filing Summary

Koil Energy Solutions, Inc. director and ten percent owner David J. Douglas exercised 50,000 stock options at $0.72 per share, receiving an equal number of common shares. The corresponding 50,000 stock options were removed from his derivative holdings. Following these transactions, he directly holds 1,584,091 shares of common stock and 200,000 stock options.

Insider Trade Summary

50,000 shares exercised/converted

Exercise 2 txns

Insider Douglas David J.

Role Director, 10% Owner

Type	Security	Shares	Price	Value
Exercise	Stock Option F1	50,000	$0.72	$36K
Exercise	Common Stock	50,000	$0.72	$36K

Holdings After Transaction: Stock Option — 200,000 contracts (Direct); Common Stock — 1,584,091 shares (Direct)

Footnotes (1)

1. F1. Stock options subject to the Optionee's continuous service as a director through such date, twenty-five percent of the Shares on each of August 31, 2021, November 30, 2021, February 28, 2022 and May 31, 2022.

Key Figures

Options Exercised: 50,000 shares Exercise Price: $0.72 per share Common Shares After Transaction: 1,584,091 shares +1 more

4 metrics

Options Exercised 50,000 shares Stock options exercised into common stock on 2026-08-11

Exercise Price $0.72 per share Exercise price of stock options on 2026-08-11

Common Shares After Transaction 1,584,091 shares Direct common stock ownership following transactions

Stock Options After Transaction 200,000 options Remaining derivative holdings after exercising 50,000 options

Key Terms

Stock Option, derivative security, ten percent owner

3 terms

Stock Option financial

"security_title: "Stock Option""

A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.

derivative security financial

"transaction_action: "derivative exercise/conversion""

A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.

ten percent owner financial

"is_ten_percent_owner: 1"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What transactions did KLNG insider David J. Douglas report on this Form 4?

David J. Douglas reported exercising 50,000 stock options for 50,000 shares of common stock at $0.72 per share. The derivative position for those options was removed, converting the options into directly owned common shares on the same date.

How many Koil Energy Solutions (KLNG) shares does David J. Douglas own after this filing?

After the reported transactions, David J. Douglas directly owns 1,584,091 shares of Koil Energy Solutions common stock. He also holds 200,000 stock options, reflecting remaining derivative rights following the exercise of 50,000 options into common shares.

What was the exercise price of the options exercised by KLNG insider David J. Douglas?

The options exercised by David J. Douglas had an exercise price of $0.72 per share. Exercising 50,000 stock options at this price resulted in acquiring 50,000 shares of Koil Energy Solutions common stock in exchange for the derivative position.

Did the KLNG Form 4 report both acquisition and disposition transactions?

Yes. The filing shows a disposition of 50,000 stock options as a derivative exercise and a corresponding acquisition of 50,000 common shares. This reflects a conversion from derivative to non-derivative holdings rather than an open market purchase or sale.

What derivative holdings remain for KLNG insider David J. Douglas after this option exercise?

Following the exercise, David J. Douglas has 200,000 stock options reported as derivative securities. Previously, he held more options, but 50,000 stock options were exercised and converted into common stock, reducing his outstanding option position accordingly.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Available on EDGAR 08/17/2026 - 04:30 PM Accepted by SEC EDGAR 08/17/2026 - 04:29 PM Learn about SEC filing dates

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).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Douglas David J.

(Last) (First) (Middle)

1310 RANKIN ROAD

(Street)

HOUSTON TEXAS 77073

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Koil Energy Solutions, Inc. [ KLNG ]

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/11/2026

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

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

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

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
Common Stock	08/11/2026		M		50,000	A	$0.72	1,584,091	D

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 Option	$0.72	08/11/2026		M			50,000	(1)	08/11/2026	Common Stock	50,000	$0.72	200,000	D

Explanation of Responses:

1. Stock options subject to the Optionee's continuous service as a director through such date, twenty-five percent of the Shares on each of August 31, 2021, November 30, 2021, February 28, 2022 and May 31, 2022.

	/s/ David J. Douglas	08/17/2026
	** 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.
* Form 4: SEC 1474 (03-26)