KLX Energy CEO buys 151K shares at $1.49

KLXE’s CEO exercised basic subscription rights in the August 2026 equity rights offering, acquiring additional common shares and increasing his direct holdings.

Available on EDGAR 09/21/2026 - 04:11 PM EDT Accepted by SEC EDGAR 09/21/2026 - 04:10 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

KLX Energy Services Holdings, Inc. (KLXE) reported that President, Chief Executive Officer and Director Christopher J. Baker exercised basic subscription rights in connection with the company’s August 21, 2026 equity rights offering. He exercised 38,870 Basic Subscription Rights at a $1.49 subscription price per underlying share, acquiring 151,009 shares of common stock and increasing his directly held common stock to 605,735 shares. The derivative position in basic subscription rights decreased, with 415,856 rights reported as held directly after the transaction. No Rule 10b5-1 trading plan is reported.

Insider Trade Summary

38,870 shares exercised/converted

Exercise 2 txns

Insider Baker Christopher J.

Role See Remarks

Type	Security	Shares	Price	Value
Exercise	Basic Subscription Right	38,870	$0.00	$0.00
Exercise	Common stock F1	151,009	$1.49	$225K

Holdings After Transaction: Basic Subscription Right — 415,856 rights (Direct); Common stock — 605,735 shares (Direct)

Footnotes (1)

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

Basic Subscription Rights exercised: 38,870 rights Common shares acquired: 151,009 shares Subscription price / exercise price: $1.49 per share +3 more

6 metrics

Basic Subscription Rights exercised 38,870 rights Exercised on September 21, 2026 by the KLXE CEO

Common shares acquired 151,009 shares Shares of KLXE common stock received upon exercise of rights

Subscription price / exercise price $1.49 per share Price paid per share in the equity rights offering

Common shares held after transaction 605,735 shares KLXE common stock directly held by the CEO after the exercise

Basic Subscription Rights held after transaction 415,856 rights Remaining derivative position in Basic Subscription Rights

Derivative exercise count in filing 1 exercise One derivative exercise/conversion transaction reported

Key Terms

Basic Subscription Right, Equity Rights Offering, Subscription Price

3 terms

Basic Subscription Right financial

"The filing reports transactions in a security titled "Basic Subscription Right""

Equity Rights Offering financial

"Offered by the Company in its August 21, 2026 Equity Rights Offering"

An equity rights offering is when a company gives its current shareholders the option to buy new shares before they are sold to others, often at a lower price. It matters to investors because choosing to buy preserves their percentage ownership and voting power, while declining can reduce those stakes and change future earnings per share; think of it like being offered extra slices of a pie so your portion doesn’t shrink.

Subscription Price financial

"at the Subscription Price offered by the Company"

Subscription price is the set amount an investor pays to buy newly issued shares, bonds or units when a company offers them directly, such as in a rights issue or subscription offering. It matters because it determines how much an investor’s ownership cost will be, affects potential gains or losses and influences dilution of existing shareholders—think of it as a pre-order price that helps decide whether joining the new issue is worthwhile.

FAQ

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

What did KLXE’s CEO Christopher J. Baker report in this Form 4?

He reported exercising 38,870 Basic Subscription Rights in KLX Energy Services Holdings, Inc.’s equity rights offering at a $1.49 subscription price per underlying share, acquiring 151,009 shares of common stock on September 21, 2026.

How many KLXE common shares did the CEO acquire in this transaction?

Christopher J. Baker acquired 151,009 shares of KLXE common stock through the exercise of Basic Subscription Rights at the company’s $1.49 Subscription Price offered in its August 21, 2026 Equity Rights Offering.

What are the CEO’s KLXE common stock holdings after this Form 4 transaction?

Following the reported transactions, Christopher J. Baker directly holds 605,735 shares of KLX Energy Services Holdings, Inc. common stock, as of the September 21, 2026 transaction date disclosed.

How many Basic Subscription Rights did the KLXE CEO exercise and what remains?

He exercised 38,870 Basic Subscription Rights, which converted into 151,009 common shares. After this exercise, the filing reports that he directly holds 415,856 Basic Subscription Rights as a remaining derivative position.

Was the KLXE CEO’s Form 4 transaction under a Rule 10b5-1 trading plan?

No. The filing’s Rule 10b5-1 checkbox is not marked as affirmative, and there is no footnote indicating a Rule 10b5-1 or pre-arranged trading plan for these transactions.

What is the subscription price used in KLXE’s equity rights offering for these shares?

The footnote states that the shares were purchased at the Subscription Price offered by KLX Energy Services Holdings, Inc. in its August 21, 2026 Equity Rights Offering, which corresponds to a price of $1.49 per share in the reported transaction.

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

Form 4 Insider Transactions: What Each Field Means →

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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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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 TEXAS 77056

(City) (State) (Zip)

UNITED STATES

(Country)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/21/2026

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

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

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

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	09/21/2026		M		151,009(1)	A	$1.49	605,735	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
Basic Subscription Right	$1.49	09/21/2026		M			38,870	08/21/2026	09/23/2026	Common stock	151,009	$0	415,856	D

Explanation of Responses:

1. 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.

Remarks:

President, Chief Executive Officer and Director

	/s/ Max L. Bouthillette, attorney-in-fact	09/21/2026
	** 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 4 (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 4: SEC 1474 (03-26)