Baker Christopher J. 4

What Happened Christopher J. Baker — President, Chief Executive Officer and Director of KLX Energy Services Holdings, Inc. (KLXE) — received grants on January 29, 2026 consisting of 144,033 restricted shares (awarded at $0.00) and 355,965 restricted stock units (RSUs, derivative award, also shown at $0.00). On February 1, 2026 the company withheld 39,655 shares to satisfy tax withholding related to previously issued awards; those shares were recorded as disposed at $2.78 per share for $110,241. The withheld shares were retained in the company’s treasury (no third‑party open‑market sale).

Key Details

• Transaction dates and types: 2026-01-29 — Grants/Awards (code A); 2026-02-01 — Tax withholding (code F).
• Grants: 144,033 restricted shares @ $0.00 (acquired); 355,965 RSUs @ $0.00 (derivative award).
• Withholding: 39,655 shares withheld/disposed @ $2.78 = $110,241 (shares kept in company treasury; no third‑party trade).
• Vesting notes: Restricted stock vests in three equal annual installments beginning Feb 1, 2027 (F1). RSUs vest in five equal annual installments on Feb 1 each year (F4). Each RSU represents the economic equivalent of one share, settleable in cash or stock (F3). Withheld shares were pursuant to Rule 16b‑3 withholding (F2).
• Shares owned after transaction: Not specified in the provided filing.
• Filing: Form 4 filed 2026-02-02; filing date appears to be timely based on standard Form 4 deadlines.

Context These transactions are primarily awards (acquisitions) of restricted stock and RSUs, which vest over future years — not open‑market purchases or sales. The 39,655‑share entry is a tax withholding (common when awards vest) and should not be interpreted as an independent sell signal.