Form 4: KLX Energy Services Holdings Director, Christopher J. Baker, Reports Stock Transactions

Christopher J. Baker, a director and officer of KLX Energy Services Holdings, Inc., reported the vesting and settlement of restricted stock units, resulting in the acquisition and disposition of common stock.

Summary

• On February 9, 2024, Christopher J. Baker, a director and officer of KLX Energy Services Holdings, Inc. (KLXE), reported transactions involving the company's common stock.
• Baker acquired 28,192 shares of common stock through the vesting of restricted stock units (RSUs).
• Simultaneously, Baker disposed of 28,192 shares at a price of $8.95 per share to settle the vested RSUs in cash.
• Following these transactions, Baker directly owns 250,458 shares of KLXE common stock and 56,382 restricted stock units.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting stock transactions by a company insider. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to investors regarding the trading activities of company executives and directors.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect insider trading activity related to executive compensation.

Key Dates