Geveran Investments Ltd disposed of $686,857 worth of shares (317,461 units at $2.16) (SEC Form 4)
$KLXE
Oilfield Services/Equipment
Energy
| FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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| Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). | |||||||||||||||||
| Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10. | |||||||||||||||||
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
KLX Energy Services Holdings, Inc. [ KLXE ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 06/20/2025 | ||||||||||||||||||||||||||
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4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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| Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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| 1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
| Code | V | Amount | (A) or (D) | Price | ||||||
| Common Stock | 06/20/2025 | J | 41,333 | D | $2.617 | 152,467 | I | See footnote(1)(3) | ||
| Common Stock | 06/23/2025 | J | 52,909 | D | $2.425 | 99,558 | I | See footnote(1)(3) | ||
| Common Stock | 06/24/2025 | J | 32,884 | D | $2.009 | 66,674 | I | See footnote(1)(3) | ||
| Common Stock | 06/25/2025 | J | 3,861 | D | $2 | 62,813 | I | See footnote(1)(3) | ||
| Common Stock | 06/26/2025 | J | 58,083 | D | $2.006 | 4,730 | I | See footnote(1)(3) | ||
| Common Stock | 06/27/2025 | J | 4,730 | D | $2.032 | 0 | I | See footnote(1)(3) | ||
| Common Stock | 06/27/2025 | J | 98,461 | D | $2.032 | 347,539 | I | See footnote(2)(3) | ||
| Common Stock | 07/01/2025 | J | 25,200 | D | $2 | 322,339 | I | See footnote(2)(3) | ||
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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| 1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
1. Name and Address of Reporting Person*
(Street)
Relationship of Reporting Person(s) to Issuer
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1. Name and Address of Reporting Person*
(Street)
Relationship of Reporting Person(s) to Issuer
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1. Name and Address of Reporting Person*
(Street)
Relationship of Reporting Person(s) to Issuer
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1. Name and Address of Reporting Person*
(Street)
Relationship of Reporting Person(s) to Issuer
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| Explanation of Responses: |
| 1. These shares are directly held by Famatown Finance Limited. |
| 2. These shares are directly held by Geveran Investments Limited. |
| 3. C.K. Limited is the trustee of two trusts (the "Trusts") settled by Mr. John Fredriksen. The Trusts indirectly hold all of the shares of Common Stock of Greenwich Holdings Limited, Famatown Finance Limited and Geveran Investments Limited. Accordingly, C.K. Limited, as trustee, may be deemed to beneficially own the shares of Common Stock of the Issuer that are beneficially owned by Greenwich Holdings Limited, Famatown Finance Limited and Geveran Investments Limited. The beneficiaries of the Trusts are members of Mr. Fredriksen's family. Mr. Fredriksen is neither a beneficiary nor a trustee of either Trust. Therefore, Mr. Fredriksen has no economic interest in such shares of Common Stock and Mr. Fredriksen disclaims any control over such shares of Common Stock, save for any indirect influence he may have with C.K. Limited, as the trustee of the Trusts, in his capacity as the settlor of the Trusts. |
| Remarks: |
| Gunnar Eliassen, a director of the Issuer, is no longer a partner of Seatankers Services (UK) LLP and may no longer be deemed to be related to the Reporting Persons. As a result, the Reporting Persons is no longer subject to Section 16 in connection with their transactions in the equity securities of the Issuer and therefore will no longer report any such transactions on Form 4 or Form 5. |
| /s/ Christakis Theodoulou, Director for Geveran Investments Limited | 07/07/2025 | |
| /s/ Christakis Theodoulou, Director for Famatown Finance Limited | 07/07/2025 | |
| /s/ Christakis Theodoulou, Director for Greenwich Holdings Limited | 07/07/2025 | |
| /s/ Christakis Theodoulou, Director for C.K. Limited | 07/07/2025 | |
| ** Signature of Reporting Person | Date | |
| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
| * If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
| ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
| Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. | ||