KLX Energy director buys 104,895 shares at $1.49

KLX Energy Services Holdings, Inc. director John T. Whates exercised subscription rights to acquire additional common stock in the company.

Rhea-AI Filing Summary

KLX Energy Services Holdings, Inc. director John T. Whates exercised subscription rights to acquire additional common stock in the company. On September 17, 2026, he exercised 27,000 Basic Subscription Rights, each exercisable at $1.49, converting them into 104,895 shares of common stock.

Following this transaction, he held 144,083 shares of common stock directly and 12,188 Basic Subscription Rights directly. The acquired shares were purchased at the subscription price offered in the company’s August 21, 2026 Equity Rights Offering. No Rule 10b5-1 trading plan is reported for these transactions.

Insider Trade Summary

27,000 shares exercised/converted

Exercise 2 txns

Insider Whates John T

Role Director

Type	Security	Shares	Price	Value
Exercise	Basic Subscription Right	27,000	$0.00	$0.00
Exercise	Common stock F1	104,895	$1.49	$156K

Holdings After Transaction: Basic Subscription Right — 12,188 contracts (Direct); Common stock — 144,083 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: 27,000 rights Subscription price per share: $1.49 per share Common shares acquired: 104,895 shares +3 more

6 metrics

Basic Subscription Rights exercised 27,000 rights Exercised on September 17, 2026 by director John T. Whates

Subscription price per share $1.49 per share Price in the August 21, 2026 Equity Rights Offering

Common shares acquired 104,895 shares Shares of KLX Energy Services Holdings, Inc. received upon rights exercise on September 17, 2026

Common shares held after transaction 144,083 shares Direct holdings of John T. Whates after the September 17, 2026 transactions

Basic Subscription Rights held after transaction 12,188 rights Remaining direct Basic Subscription Rights position after the exercise

Exercise price of Basic Subscription Rights $1.49 per share Exercise or conversion price associated with the Basic Subscription Rights

Key Terms

Basic Subscription Right, Subscription Price, Equity Rights Offering

3 terms

Basic Subscription Right financial

"These shares were purchased by the exercise of rights held by the Reporting Person at the Subscription Price"

Subscription Price financial

"purchased by the exercise of rights held by the Reporting Person 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.

Equity Rights Offering financial

"the Subscription Price 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.

FAQ

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

What did KLXE director John T. Whates report on this Form 4?

He reported exercising 27,000 Basic Subscription Rights on September 17, 2026, at a $1.49 subscription price, receiving 104,895 shares of common stock in KLX Energy Services Holdings, Inc. as part of the company’s August 21, 2026 Equity Rights Offering.

How many KLXE common shares does John T. Whates hold after the reported transactions?

After the September 17, 2026 transactions, John T. Whates directly holds 144,083 shares of common stock of KLX Energy Services Holdings, Inc., according to the Form 4 disclosure.

How many Basic Subscription Rights does the KLXE director still hold?

Following the exercise on September 17, 2026, John T. Whates directly holds 12,188 Basic Subscription Rights in KLX Energy Services Holdings, Inc., in addition to his common stock position.

What price was paid per KLXE share in this rights exercise?

The Form 4 states that the common shares were acquired at a $1.49 subscription price per share, which was the price offered by KLX Energy Services Holdings, Inc. in its August 21, 2026 Equity Rights Offering.

Were the KLXE transactions made under a Rule 10b5-1 trading plan?

No. The filing indicates that no Rule 10b5-1 trading plan is reported in connection with these transactions by director John T. Whates.

What is the nature of the derivative security involved for KLXE?

The derivative security is described as a Basic Subscription Right, which could be exercised at $1.49 into KLX Energy Services Holdings, Inc. common stock and was offered in the company’s August 21, 2026 Equity Rights Offering.

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

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Available on EDGAR 09/17/2026 - 04:12 PM Accepted by SEC EDGAR 09/17/2026 - 04:12 PM Learn about SEC filing dates

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^*

Whates John T

(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
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/17/2026

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	09/17/2026		M		104,895(1)	A	$1.49	144,083	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	09/17/2026		M			27,000	08/21/2026	09/23/2026	Common stock	104,895	$0	12,188	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:

	/s/ Max L. Bouthillette, attorney-in-fact	09/17/2026
	** 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)