KLX Energy director buys 225K shares at $1.49
A KLX Energy Services Holdings, Inc. director exercised rights from the August 21, 2026 equity rights offering to acquire additional common shares at $1.49.
Rhea-AI Filing Summary
KLX Energy Services Holdings, Inc. director Corbin J. Robertson Jr. exercised Basic Subscription Rights into common stock on September 14, 2026. He exercised rights covering 225,353 shares of common stock at the $1.49 subscription price offered in the company’s August 21, 2026 equity rights offering.
Following these transactions, he holds 283,359 shares of KLX Energy Services Holdings, Inc. common stock directly, and no Basic Subscription Rights remain reported after the exercise. No Rule 10b5-1 trading plan is reported for these transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Basic Subscription Right | 58,006 | $0.00 | $0.00 |
| Exercise | Common stock F1 | 225,353 | $1.49 | $336K |
Footnotes (1)
- F1. These shares were purchased by the exercise of rights held by the Reporting Person at the Subscription Price offered by the Company in its August 21, 2026 Equity Rights Offering.
Key Figures
Key Terms
Basic Subscription Right financial
Subscription Price financial
Equity Rights Offering financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did KLXE report for director Corbin J. Robertson Jr.?
What is the director’s KLXE common stock holding after this Form 4 transaction?
What subscription price was paid in the KLXE equity rights offering exercise?
Were the KLXE insider transactions made under a Rule 10b5-1 trading plan?
What happened to the Basic Subscription Rights held by the KLXE director?
AI-generated analysis. How Rhea-AI works. Not financial advice.