Form 4: KLX Energy Services Executive Vice President Max Bouthillette Reports Stock Transactions

Executive Vice President Max Bouthillette reports the vesting and settlement of restricted stock units into cash and the disposition of shares to cover taxes.

Summary

• On February 9, 2024, Max Bouthillette, Executive Vice President, General Counsel and Chief Compliance Officer of KLX Energy Services Holdings, Inc., had restricted stock units vest and settle into cash.
• A total of 10,150 shares of common stock were acquired through the vesting of restricted stock units.
• Simultaneously, 10,150 shares were disposed of at a price of $8.95 per share.
• Following these transactions, Bouthillette directly owns 87,952 shares of KLX Energy Services Holdings, Inc.

Sentiment

Score: 5

Explanation: This is a neutral report of stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.

Stakeholder Impact

• The transactions have a minimal impact on shareholders as they represent a small portion of the total outstanding shares.

Key Dates