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KLX Energy (NASDAQ: KLXE) officer reports tax-withholding share disposition

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

KLX Energy Services Holdings insider activity: Officer Geoffrey C. Stanford reported a tax-related share disposition. On March 1, 2026, 2,422 shares of common stock were withheld by the company at $2.54 per share to cover tax liabilities from vesting awards, leaving him with 74,840 directly held shares. The shares were retained in the company’s treasury and did not involve any open-market trade.

Positive

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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*
Stanford Geoffrey C

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
See Remarks
3. Date of Earliest Transaction (Month/Day/Year)
03/01/2026
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 03/01/2026 F 2,422(1) D $2.54 74,840 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
Explanation of Responses:
1. 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.
Remarks:
Senior Vice President, Interim Chief Financial Officer and Chief Accounting Officer
/s/ Max L. Bouthillette, attorney-in-fact 03/03/2026
** 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.

FAQ

What insider transaction did KLXE officer Geoffrey C. Stanford report?

Geoffrey C. Stanford reported a tax-withholding disposition of shares. On March 1, 2026, 2,422 KLX Energy Services common shares were withheld by the company to satisfy tax liabilities from previously granted awards that vested, rather than sold on the open market.

Was the KLXE Form 4 transaction an open-market sale of shares?

No, the KLXE Form 4 does not show an open-market sale. The company withheld 2,422 shares to cover tax liabilities on vesting awards, and those shares were placed into KLX Energy Services’ treasury account with no third-party trade involved.

How many KLXE shares did Geoffrey C. Stanford dispose of for taxes and at what price?

KLX Energy Services withheld 2,422 common shares from Geoffrey C. Stanford. The Form 4 lists a value of $2.54 per share for this tax-withholding disposition, which is classified under transaction code F for payment of tax liability using securities.

How many KLXE shares does Geoffrey C. Stanford hold after this Form 4 transaction?

After the tax-withholding disposition, Geoffrey C. Stanford is reported as holding 74,840 KLX Energy Services common shares directly. This figure reflects his balance following the 2,422 shares withheld by the company to satisfy tax obligations on vested awards.

What does transaction code F mean in the KLXE Form 4 filing?

Transaction code F indicates payment of tax liability or exercise price by delivering securities. In this KLX Energy Services filing, 2,422 shares were withheld by the company to cover taxes arising from the vesting of previously issued awards under Rule 16b-3.

Does the KLXE Form 4 indicate any buying or selling by Geoffrey C. Stanford?

The KLXE Form 4 indicates a tax-withholding disposition, not a buy or market sale. Shares were withheld by the company and moved to its treasury to satisfy tax liabilities on vested awards, so there was no direct third-party purchase or sale transaction.
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46.74M
14.47M
Oil & Gas Equipment & Services
Oil & Gas Field Services, Nec
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United States
HOUSTON