KLX Energy SVP exercises rights for 26K shares
KLXE’s interim CFO exercised rights in an August 2026 equity rights offering and received a restricted stock grant vesting from 2027.
Rhea-AI Filing Summary
KLX Energy Services Holdings, Inc. insider Geoffrey C. Stanford, Senior Vice President, Interim Chief Financial Officer and Chief Accounting Officer, reported multiple equity transactions. On September 9, 2026, he exercised 6,800 basic subscription rights at a subscription price of $1.49 per share in the company’s August 21, 2026 equity rights offering, acquiring 26,418 shares of common stock. After this exercise, he held 81,040 basic subscription rights. Earlier, on March 6, 2026, he received a grant of 13,000 shares of restricted stock that vest in three equal annual installments beginning March 1, 2027. No Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Basic Subscription Right | 6,800 | $0.00 | $0.00 |
| Exercise | Common stock F2 | 26,418 | $1.49 | $39K |
| Grant/Award | Common stock F1 | 13,000 | $0.00 | $0.00 |
Footnotes (2)
- F1. Grant of restricted stock vesting in three annual equal installments beginning March 1, 2027.
- F2. 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
Equity Rights Offering financial
restricted stock financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity transactions did KLXE insider Geoffrey C. Stanford report on September 9, 2026?
What restricted stock grant did KLXE’s interim CFO receive in March 2026?
How many basic subscription rights does the KLXE insider report holding after the September 2026 exercise?
Was Geoffrey C. Stanford’s Form 4 for KLXE filed under a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.