KLX Energy (KLXE) director granted 14,481 restricted shares vesting 2027
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
KLX Energy Services Holdings director Corbin J. Robertson Jr. reported an award of company common stock. On January 29, 2026, he acquired 14,481 shares of common stock at $0 per share, reflecting a grant rather than an open‑market purchase.
The shares are described as a grant of restricted stock vesting on February 1, 2027, meaning they are subject to vesting conditions until that date. Following this grant, Robertson beneficially owns 58,006 shares of KLX Energy Services common stock in direct form.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
ROBERTSON CORBIN J JR
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common stock | 14,481 | $0.00 | -- |
Holdings After Transaction:
Common stock — 58,006 shares (Direct)
Footnotes (1)
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FAQ
What did KLXE director Corbin J. Robertson Jr. report in this Form 4?
He reported receiving a grant of 14,481 shares of KLX Energy common stock. The transaction was coded as an acquisition at $0 per share and increased his directly held beneficial ownership to 58,006 shares.
Was the KLXE Form 4 transaction an open-market purchase or a grant?
The Form 4 reflects a stock grant, not a market purchase. It shows an acquisition of 14,481 common shares at $0 per share, indicating an equity award rather than a cash-funded transaction in the open market.
What role does the reporting person hold at KLX Energy Services (KLXE)?
The reporting person, Corbin J. Robertson Jr., is identified as a director of KLX Energy Services Holdings, Inc. The Form 4 does not indicate he is an officer or 10% owner, only that he serves on the company’s board.
What is the significance of the $0 price on the KLXE Form 4 stock grant?
The $0 price indicates the director did not pay cash for the 14,481 shares. Instead, the transaction is a compensatory grant of restricted stock, commonly used as part of director or executive equity-based compensation packages.