[144] KLX Energy Services Holdings, Inc. SEC Filing
Form 144 filed for KLX Energy Services Holdings, Inc. (KLXE) discloses a proposed sale of 10,998 common shares through Merrill Lynch Pierce Fenner & Smith Inc. (Houston) with an aggregate market value reported as 20,457 and approximately 17,840,457 shares outstanding. The planned sale date is 09/25/2025. The shares were acquired as stock bonuses from KLX Energy Services Holdings Inc. on 02/01/2024 (1,041 shares) and 02/01/2025 (2,027 and 7,930 shares). No securities were reported sold in the past three months.
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Insights
TL;DR: Routine Rule 144 notice for sale of restricted shares; disclosures align with Rule 144 requirements.
The filing documents a proposed sale under Rule 144 by an insider or related person, identifies the broker, the exact share counts acquired by stock bonus on specified dates, and the planned sale date. It includes the required representation about absence of undisclosed material adverse information. There is no reporting of prior sales in the past three months. From a compliance perspective, the form appears to contain the standard elements required for a Rule 144 notice.
TL;DR: Small registered sale relative to outstanding shares; likely immaterial to overall market supply.
The notice shows 10,998 shares proposed for sale against 17,840,457 shares outstanding, with an aggregate market value listed as 20,457. The shares were received as stock bonuses over 2024 and 2025. The filing does not report any recent sales in the prior three months. Based solely on the disclosed numbers, the position being offered represents a small fraction of total shares outstanding.