KLX Energy (KLXE) EVP awarded stock, RSUs and has shares withheld for taxes

Rhea-AI Filing Summary

KLX Energy Services Holdings executive Max Bouthillette received new equity awards and had shares withheld for taxes. On January 29, 2026, he was granted 56,584 shares of restricted stock that vest in three equal annual installments beginning February 1, 2027.

He also received 133,070 restricted stock units, each equal to one share of common stock, vesting in five equal annual installments on February 1. On February 1, 2026, the company withheld 18,429 shares of common stock at $2.78 per share to cover tax liabilities, with no third-party trade, leaving him with 181,020 directly owned common shares.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Bouthillette Max

Role See Remarks

Type	Security	Shares	Price	Value
Tax Withholding	Common stock	18,429	$2.78	$51K
Grant/Award	Restricted Stock Unit	133,070	$0.00	--
Grant/Award	Common stock	56,584	$0.00	--

Holdings After Transaction: Common stock — 181,020 shares (Direct); Restricted Stock Unit — 143,218 shares (Direct)

Footnotes (1)

1. Grant of restricted stock vesting in three annual equal installments beginning February 1, 2027. 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. Each RSU represents the economic equivalent of one share of common stock, settleable in cash or common stock. Grant of restricted stock units vesting in five annual equal installments on February 1st.

Form 4 Insider Transactions: What Each Field Means →

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
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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^*

Bouthillette Max

(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)
01/29/2026

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	01/29/2026		A		56,584(1)	A	$0	199,449	D
Common stock	02/01/2026		F		18,429(2)	D	$2.78	181,020	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
Restricted Stock Unit	(3)	01/29/2026		A		133,070		(4)	(4)	Common stock	133,070	$0	143,218	D

Explanation of Responses:

1. Grant of restricted stock vesting in three annual equal installments beginning February 1, 2027.

2. 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.

3. Each RSU represents the economic equivalent of one share of common stock, settleable in cash or common stock.

4. Grant of restricted stock units vesting in five annual equal installments on February 1st.

Remarks:

Executive Vice President, General Counsel and Chief Compliance Officer

	/s/ Max L. Bouthillette	02/02/2026
	** 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).
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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 transactions did KLXE executive Max Bouthillette report?

Max Bouthillette reported new equity grants and tax-withholding activity. He received 56,584 restricted shares and 133,070 restricted stock units, and 18,429 common shares were withheld at $2.78 per share to satisfy tax obligations, with the withheld shares retained in the company’s treasury account.

How many KLXE restricted stock units were granted to Max Bouthillette?

He was granted 133,070 restricted stock units. Each RSU represents the economic equivalent of one share of KLX Energy common stock and is settleable in cash or common stock, vesting in five equal annual installments on February 1, according to the disclosed vesting schedule.

What is the vesting schedule for KLXE restricted stock granted to Max Bouthillette?

The 56,584 restricted shares granted to Max Bouthillette vest in three equal annual installments. Vesting begins on February 1, 2027, meaning one-third of the award becomes unrestricted each year over three years, subject to the grant’s stated terms and conditions.

Why were 18,429 KLXE shares withheld from Max Bouthillette?

KLX Energy withheld 18,429 shares to pay tax liabilities tied to previously issued awards. These shares were valued at $2.78 per share and remained in the company’s treasury account, with no third-party trade involved, as part of a standard tax-withholding mechanism.

How many KLXE common shares does Max Bouthillette own after these transactions?

After the reported transactions, Max Bouthillette directly owns 181,020 KLX Energy common shares. This figure reflects the grant of 56,584 restricted shares and the withholding of 18,429 shares for taxes, as disclosed in the Form 4 ownership table.

What is Max Bouthillette’s role at KLX Energy Services Holdings?

Max Bouthillette serves as Executive Vice President, General Counsel and Chief Compliance Officer. His role is identified in the remarks section, and the filing lists him as an officer of KLX Energy Services Holdings, Inc., rather than as a director or 10% owner.