Eliassen Gunnar W. 4
Research Summary
AI-generated summary
KLX Energy (KLXE) Director Gunnar W. Eliassen Receives Restricted Stock Award
What Happened
- Gunnar W. Eliassen, a director of KLX Energy Services Holdings, Inc. (KLXE), was granted 14,481 restricted shares on January 29, 2026. The grant was recorded at $0.00 per share (total cash paid $0) and is reported as an award/grant.
Key Details
- Transaction date: January 29, 2026; Form 4 filed February 2, 2026 (within the required two business days).
- Transaction type/code: Award/Grant (A) — restricted stock.
- Shares granted: 14,481; price per share reported: $0.00; cash value at grant: $0.
- Vesting: Grant vests on February 1, 2027 (per footnote).
- Shares owned after transaction: Not disclosed in this filing.
- No 10b5-1 plan, tax-withholding, or sale information reported in this Form 4.
Context
- This was a compensation-related restricted stock grant, not an open-market purchase or sale. Such grants are common for directors and are intended to align long-term interests with shareholders; they do not by themselves indicate an immediate buy or sell signal.