Koil Energy director sells 6,800 shares at $3.03
A Koil Energy Solutions director disclosed a modest open-market sale while retaining a substantial direct ownership position.
Rhea-AI Filing Summary
Koil Energy Solutions, Inc. (KLNG) director Neal I. Goldman reported a sale of company common stock. On September 17, 2026, he sold 6,800 shares of Koil Energy Solutions common stock in an open market or private transaction at $3.03 per share. After this transaction, he directly owned 763,200 shares of the company’s common stock. No Rule 10b5-1 trading plan is reported for this sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 6,800 shares
Net Sell
1 txn
Insider
GOLDMAN NEAL I
Role
Director
Sold
6,800 shs ($21K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 6,800 | $3.03 | $21K |
Holdings After Transaction:
Common Stock — 763,200 shares (Direct)
Key Figures
Shares sold: 6,800 shares
Sale price per share: $3.03 per share
Shares owned after sale: 763,200 shares
+1 more
4 metrics
Shares sold
6,800 shares
Common stock sale reported for September 17, 2026
Sale price per share
$3.03 per share
Price for the 6,800 common shares sold on September 17, 2026
Shares owned after sale
763,200 shares
Director’s direct holdings of Koil Energy Solutions common stock following the transaction
Net shares sold
6,800 shares
Net change in common stock holdings from this Form 4 transaction
Key Terms
Rule 10b5-1 trading plan, Form 4, open market or private transaction
3 terms
Rule 10b5-1 trading plan regulatory
"No Rule 10b5-1 trading plan is reported for this sale"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
Form 4 regulatory
"This Form 4 reports only a single sale of 6,800 shares"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
open market or private transaction financial
"Sale in open market or private transaction at $3.03 per share"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did KLNG report in this Form 4?
Koil Energy Solutions reported that director Neal I. Goldman sold 6,800 shares of its common stock on September 17, 2026 in an open market or private transaction at $3.03 per share.
Was the KLNG insider sale made under a Rule 10b5-1 trading plan?
No. The filing indicates the Rule 10b5-1 checkbox is not marked, so no Rule 10b5-1 trading plan is reported in connection with this transaction.
Is this KLNG Form 4 reporting any derivative security exercises?
No. The Form 4 for Koil Energy Solutions reports only a single sale of 6,800 shares of common stock and shows no derivative security transactions.
AI-generated analysis. How Rhea-AI works. Not financial advice.