KLX Energy Services Holdings, Inc.·4

Mar 3, 4:02 PM ET

Stanford Geoffrey C 4

Research Summary

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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.