KLX Energy Services (KLXE) director awarded 14,481-share stock grant

Rhea-AI Filing Summary

KLX Energy Services Holdings director Gunnar W. Eliassen reported receiving a grant of 14,481 shares of common stock on January 29, 2026. The stock was granted at a price of $0 per share as restricted stock that vests on February 1, 2027. Following this equity award, Eliassen directly beneficially owns 41,083 shares of KLX Energy common stock.

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

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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^*

Eliassen Gunnar W.

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

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		14,481(1)	A	$0	41,083	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

Explanation of Responses:

1. Grant of restricted stock vesting on February 1, 2027.

Remarks:

	/s/ Max L. Bouthillette, attorney-in-fact	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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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FAQ

What insider transaction did KLXE director Gunnar W. Eliassen report?

Gunnar W. Eliassen reported receiving a grant of 14,481 KLX Energy common shares. The Form 4 shows this as an acquisition at $0 per share, structured as restricted stock that increases his direct beneficial ownership to a total of 41,083 shares.

When do the newly granted KLXE restricted shares vest?

The 14,481 restricted KLX Energy shares granted to Gunnar W. Eliassen vest on February 1, 2027. Until that vesting date, the shares are subject to restrictions, which typically include continued service conditions as a director according to the company’s equity award terms.

How many KLXE shares does Gunnar W. Eliassen own after this grant?

After the reported grant, Gunnar W. Eliassen directly beneficially owns 41,083 KLX Energy common shares. This figure includes the 14,481 restricted shares awarded on January 29, 2026, as disclosed in the Form 4 insider trading report filed with regulators.

What was the price of the KLXE shares granted to the director?

The 14,481 KLX Energy common shares were granted at a price of $0 per share. This indicates they were issued as an equity compensation award, rather than purchased on the open market, consistent with typical director compensation structures at public companies.

What type of security was reported in this KLXE Form 4 filing?

The filing reports transactions in KLX Energy common stock as non-derivative securities. Specifically, it records an acquisition coded as a grant of restricted stock, rather than options or other derivative instruments, and shows the resulting total of 41,083 directly owned common shares.