Stanford Geoffrey C 4
4 · KLX Energy Services Holdings, Inc. · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
KLX Energy (KLXE) SVP/Interim CFO Geoffrey Stanford Withholds 2,422 Shares
What Happened
- Geoffrey C. Stanford, Senior Vice President, Interim Chief Financial Officer and Chief Accounting Officer of KLX Energy Services Holdings, had 2,422 shares withheld by the company to satisfy tax liabilities tied to vesting. The withholding was recorded at $2.54 per share, for a total value of $6,152. This was a tax-withholding disposition (not an open-market sale).
Key Details
- Transaction date: 2026-03-01; filing date: 2026-03-03 (filed within the typical Form 4 reporting window).
- Price recorded: $2.54 per share; total value: $6,152.
- Shares owned after transaction: not specified in the provided excerpt of the filing.
- Footnote: The shares were withheld by the company and retained in the company’s treasury to satisfy tax withholding; there was no third‑party trade associated with this withholding (Footnote F1).
- Transaction code: F — payment of exercise price or tax liability (withholding).
Context
- This was a routine tax-withholding event related to vesting of awards, not a market sale or purchase. Because the company withheld the shares and kept them in treasury, there was no open-market transaction and therefore no direct market sentiment implied by this filing.
Insider Transaction Report
Form 4
Stanford Geoffrey C
See Remarks
Transactions
- Tax Payment
Common stock
[F1]2026-03-01$2.54/sh−2,422$6,152→ 74,840 total
Footnotes (1)
- [F1]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.
Signature
/s/ Max L. Bouthillette, attorney-in-fact|2026-03-03