KLX Energy CEO gets stock and RSU grants
KLX Energy Services President, Chief Executive Officer and Director Christopher J. Baker received equity compensation and had shares withheld for taxes.
Rhea-AI Filing Summary
KLX Energy Services President, Chief Executive Officer and Director Christopher J. Baker received equity compensation and had shares withheld for taxes. He was granted 144,033 shares of common stock at a price of $0, vesting in three equal annual installments beginning on February 1, 2027.
He also received 355,965 restricted stock units (RSUs), each representing the economic equivalent of one share of common stock, vesting in five equal annual installments on February 1. To cover tax liabilities from vesting of prior awards, the company withheld 39,655 shares of common stock at $2.78 per share, leaving Baker with 454,726 shares of common stock held directly and 384,156 RSUs beneficially owned.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common stock | 39,655 | $2.78 | $110K |
| Grant/Award | Restricted Stock Unit | 355,965 | $0.00 | $0.00 |
| Grant/Award | Common stock | 144,033 | $0.00 | $0.00 |
Footnotes (4)
- F1. Grant of restricted stock vesting in three annual equal installments beginning February 1, 2027.
- F2. Represents securities withheld by the Company as payment of tax liability incident to the vesting of awards previously issued in accordance with Rule 16b-3. The shares withheld by the Company are kept in the Company's treasury account and there is no third-party trade associated with the withholding.
- F3. Each RSU represents the economic equivalent of one share of common stock, settleable in cash or common stock.
- F4. Grant of restricted stock units vesting in five annual equal installments on February 1st.
FAQ
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What equity awards did KLXE insider Christopher J. Baker receive?
How do the new restricted stock units for KLXE4s Baker vest?
What is the role of Christopher J. Baker at KLX Energy Services (KLXE)?
What does the transaction code c"F 5c" mean in the KLXE Form 4?
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