KLX Energy corrects GG Managers’ status to 10% owner

Cross Ocean Partners Management LP received delegated authority relating to five managed funds.

This filing corrects an earlier one, and you can read the original Form 3 if you want to see what changed.

Rhea-AI Filing Summary

KLX Energy Services Holdings, Inc. (KLXE) amended a Form 3 to correct GG Managers LLC’s relationship to the issuer: GG Managers is a 10% owner, not a director. The amendment leaves the original Table I information and footnotes unchanged. Five managed funds directly beneficially own 22,495,104 common shares in aggregate; Cross Ocean Partners Management LP, Cross Ocean Partners Management GP, LLC, GG Managers LLC and Graham C. Goldsmith may each be deemed indirect beneficial owners, subject to the stated disclaimers.

Insider Trade Summary

5 transactions reported

Mixed 5 txns

Insider Cross Ocean Partners Management LP, Cross Ocean Partners Management GP, LLC, GG Managers LLC, Goldsmith Graham C

Role 10% Owner | 10% Owner | 10% Owner | 10% Owner

Type	Security	Shares	Price	Value
holding	Common Stock F1, F2, F3	--	--	--
holding	Common Stock F1, F2, F3	--	--	--
holding	Common Stock F1, F2, F3	--	--	--
holding	Common Stock F1, F2, F3	--	--	--
holding	Common Stock F1, F2, F3	--	--	--

Holdings After Transaction: Common Stock — 22,495,104 shares (Indirect, See footnotes)

Footnotes (3)

1. F1. Pursuant to investment management agreements, Cross Ocean Partners Management LP ("Cross Ocean Management") has received delegated authority relating to five managed funds, which directly beneficially own, in the aggregate, 22,495,104 shares of common stock of the Issuer. Each line of this column 4 represents the direct ownership of a different one of these five managed funds, as required by the rules of the Securities and Exchange Commission.
2. F2. Cross Ocean Partners Management GP LLC ("Cross Ocean Management GP") is the sole general partner of Cross Ocean Management. GG Managers LLC ("GG Managers") is the sole member of Cross Ocean Management GP. Graham C. Goldsmith is the sole member of GG Managers. As a result, each of Cross Ocean Management, Cross Ocean Management GP, GG Managers, and Mr. Goldsmith (collectively, the "Reporting Persons") may be deemed to indirectly beneficially own the 22,495,104 shares directly beneficially owned by the funds managed by Cross Ocean Management.
3. F3. Information with respect to each of the Reporting Persons is given solely by such Reporting Person, and no Reporting Person has responsibility for the accuracy or completeness of information supplied by another Reporting Person. Each of the Reporting Persons (other than to the extent it directly holds securities reported herein) disclaims beneficial ownership of the securities held by the other Reporting Persons, except to the extent of such Reporting Person's pecuniary interest therein, and, pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, each of the Reporting Persons (other than to the extent it directly holds securities reported herein) states that the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose.

Key Figures

Common shares directly beneficially owned: 22,495,104 shares Managed funds: 5 funds

2 metrics

Common shares directly beneficially owned 22,495,104 shares Aggregate holdings of five managed funds

Managed funds 5 funds Funds directly beneficially owning the reported shares

Key Terms

investment management agreements, delegated authority, beneficial ownership, pecuniary interest

4 terms

investment management agreements financial

"Pursuant to investment management agreements"

delegated authority financial

"received delegated authority relating to five managed funds"

Delegated authority is the formal handing of decision-making power from a company’s board, executive, or regulator to a manager, committee, or outside party to act on specific matters. Like lending someone the car keys for a particular trip, it speeds routine decisions and lets specialists act quickly, but it also matters to investors because it affects oversight, accountability, and the risk that decisions may be made without full board review.

beneficial ownership regulatory

"may be deemed to indirectly beneficially own"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

pecuniary interest financial

"except to the extent of such Reporting Person's pecuniary interest therein"

FAQ

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

How many KLXE shares do the five managed funds directly beneficially own?

The five managed funds directly beneficially own 22,495,104 shares of KLX Energy Services Holdings, Inc. common stock in aggregate. Cross Ocean Partners Management LP received delegated authority relating to the funds, and the other reporting persons may be deemed indirect beneficial owners.

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

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Available on EDGAR 10/09/2026 - 09:32 PM Accepted by SEC EDGAR 10/09/2026 - 09:32 PM Learn about SEC filing dates

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Cross Ocean Partners Management LP

(Last) (First) (Middle)

60 ARCH STREET

(Street)

GREENWICH CONNECTICUT 06830

(City) (State) (Zip)

UNITED STATES

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
09/29/2026

3. Issuer Name and Ticker or Trading Symbol
KLX Energy Services Holdings, Inc. [ KLXE ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)
10/09/2026

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

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

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

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

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	3,167,293	I	See footnotes(1)(2)(3)
Common Stock	8,358,619	I	See footnotes(1)(2)(3)
Common Stock	3,342,158	I	See footnotes(1)(2)(3)
Common Stock	4,338,259	I	See footnotes(1)(2)(3)
Common Stock	3,288,775	I	See footnotes(1)(2)(3)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

1. Name and Address of Reporting Person^*

Cross Ocean Partners Management LP

(Last) (First) (Middle)

60 ARCH STREET

(Street)

GREENWICH CONNECTICUT 06830

(City) (State) (Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer

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

1. Name and Address of Reporting Person^*

Cross Ocean Partners Management GP, LLC

(Last) (First) (Middle)

60 ARCH STREET

(Street)

GREENWICH CONNECTICUT 06830

(City) (State) (Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer

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

1. Name and Address of Reporting Person^*

GG Managers LLC

(Last) (First) (Middle)

60 ARCH STREET

(Street)

GREENWICH CONNECTICUT 06830

(City) (State) (Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer

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

1. Name and Address of Reporting Person^*

Goldsmith Graham C

(Last) (First) (Middle)

60 ARCH STREET

(Street)

GREENWICH CONNECTICUT 06830

(City) (State) (Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer

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

Explanation of Responses:

1. Pursuant to investment management agreements, Cross Ocean Partners Management LP ("Cross Ocean Management") has received delegated authority relating to five managed funds, which directly beneficially own, in the aggregate, 22,495,104 shares of common stock of the Issuer. Each line of this column 4 represents the direct ownership of a different one of these five managed funds, as required by the rules of the Securities and Exchange Commission.

2. Cross Ocean Partners Management GP LLC ("Cross Ocean Management GP") is the sole general partner of Cross Ocean Management. GG Managers LLC ("GG Managers") is the sole member of Cross Ocean Management GP. Graham C. Goldsmith is the sole member of GG Managers. As a result, each of Cross Ocean Management, Cross Ocean Management GP, GG Managers, and Mr. Goldsmith (collectively, the "Reporting Persons") may be deemed to indirectly beneficially own the 22,495,104 shares directly beneficially owned by the funds managed by Cross Ocean Management.

3. Information with respect to each of the Reporting Persons is given solely by such Reporting Person, and no Reporting Person has responsibility for the accuracy or completeness of information supplied by another Reporting Person. Each of the Reporting Persons (other than to the extent it directly holds securities reported herein) disclaims beneficial ownership of the securities held by the other Reporting Persons, except to the extent of such Reporting Person's pecuniary interest therein, and, pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, each of the Reporting Persons (other than to the extent it directly holds securities reported herein) states that the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose.

Remarks:

This Amendment No. 1 amends the Form 3 filed on October 9, 2026 to correct Item 1. Due to an administrative error, the original Form 3 reported GG Managers' relationship to the Issuer as both a "Director" and a "10% Owner". GG Managers' relationship to the Issuer is only as a "10% Owner". The information as reported in Table I including all footnotes of the original Form 3 is unchanged.

	/s/ Matthew Rymer, as Chief Operating Officer, General Counsel & Chief Compliance Officer of Cross Ocean Partners Management LP	10/09/2026
	/s/ Graham C. Goldsmith, as Member of Cross Ocean Partners Management GP LLC	10/09/2026
	/s/ Graham C. Goldsmith, as Member of GG Managers LLC	10/09/2026
	/s/ Graham C. Goldsmith	10/09/2026
	** 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 5 (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 3: SEC 1473 (03-26)