KLX Energy (KLXE) CEO awarded stock, RSUs and tax-share withholding

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.

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

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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^*

Baker Christopher J.

(Last) (First) (Middle)

3040 POST OAK BOULEVARD, 15TH FLOOR

(Street)

HOUSTON TX 77056

(City) (State) (Zip)

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

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

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

3. Date of Earliest Transaction (Month/Day/Year)
01/29/2026

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

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

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

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	01/29/2026		A		144,033(1)	A	$0	494,381	D
Common stock	02/01/2026		F		39,655(2)	D	$2.78	454,726	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
Restricted Stock Unit	(3)	01/29/2026		A		355,965		(4)	(4)	Common stock	355,965	$0	384,156	D

Explanation of Responses:

1. Grant of restricted stock vesting in three annual equal installments beginning February 1, 2027.

2. 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.

3. Each RSU represents the economic equivalent of one share of common stock, settleable in cash or common stock.

4. Grant of restricted stock units vesting in five annual equal installments on February 1st.

Remarks:

President, Chief Executive Officer and Director

	/s/ Max L. Bouthillette, attorney-in-fact	02/02/2026
	** Signature of Reporting Person	Date
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FAQ

What equity awards did KLXE insider Christopher J. Baker receive?

Christopher J. Baker received 144,033 shares of common stock and 355,965 restricted stock units from KLX Energy Services. The common stock vests over three years from February 1, 2027, while the RSUs vest in five equal annual installments each February 1.

How do the new restricted stock units for KLXE4s Baker vest?

Bakercs 355,965 restricted stock units vest in five equal annual installments on February 1. Each RSU represents the economic equivalent of one share of common stock and can be settled in either cash or common stock, aligning compensation with long-term company performance.

Why were 39,655 KLXE shares withheld from Christopher J. Baker?

KLX Energy Services withheld 39,655 shares from Baker to pay tax liabilities tied to previously vesting awards. The withheld shares go into the companycs treasury account, and there is no third-party market trade associated with this tax withholding transaction.

How many KLXE common shares does Christopher J. Baker own after these transactions?

After the reported transactions, Baker beneficially owns 454,726 shares of KLX Energy Services common stock directly. This figure reflects the new stock award and the shares withheld for taxes, as detailed in the insider ownership table for the reported dates.

What is the role of Christopher J. Baker at KLX Energy Services (KLXE)?

Christopher J. Baker serves as President, Chief Executive Officer and Director of KLX Energy Services. His positions are noted in the filing, and the equity awards reported are part of his compensation in these leadership roles at the company.

What does the transaction code c"F5c" mean in the KLXE Form 4?

The transaction code c"F5c" in Bakercs Form 4 indicates shares withheld to satisfy tax obligations on vesting equity. KLX Energy Services used 39,655 shares at $2.78 per share for this purpose, with no open-market sale or purchase involved in that transaction.