{"url_path":"/sec/klxe/10-q/2026/item-2","section_key":"item-2","section_title":"Item 2 UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-05-13","source_url":"https://www.sec.gov/Archives/edgar/data/1738827/0001738827-26-000021-index.html","accession_number":"0001738827-26-000021","cik":"0001738827","ticker":"KLXE","issuer_name":"KLX Energy Services Holdings, Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1738827/0001738827-26-000021-index.html","primary_entity_key":"0001738827","primary_entity_name":"KLX Energy Services Holdings, Inc."},"word_count":471,"has_tables":true,"body_markdown":"ITEM 2.UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS\n\nPurchases of Equity Securities by the Issuer and Affiliated Purchasers\n\nThe following table presents the total number of shares of our Common Stock that we repurchased during the three months ended March 31, 2026:\n\nPeriod\nTotal number of shares purchased(1)\n\nAverage price paid per share(2)\n\nTotal number of shares purchased as part of publicly announced plans or programs(3)\nApproximate dollar value of shares that may yet be purchased under the plans or programs\n\nJanuary 1, 2026 - January 31, 2026— $— — $48,859,603 \n\nFebruary 1, 2026 - February 28, 202658,084 $2.78 — $48,859,603 \n\nMarch 1, 2026 - March 31, 20262,422 $2.54 — $48,859,603 \n\nTotal60,506 — \n\n(1) Includes shares purchased from employees in connection with the settlement of income tax and related benefit withholding obligations arising from vesting of restricted stock grants under the Company’s Amended and Restated LTIP.\n\n(2) The average price paid per share of Common Stock repurchased includes commissions paid to the brokers.\n\n32\n\n[Table of Contents](#idc9d30764a3e4fb08bee38efa21dd72e_7)\n\n(3) In August 2019, our Board authorized a share repurchase program for the repurchase of outstanding shares of the Company’s Common Stock having an aggregate purchase price up to $50.0 million.\n\nWarrant Purchase Agreement\n\nAs previously reported, on March 6, 2026, the Company entered into a Warrant Purchase Agreement (the “Warrant Purchase Agreement”) with certain holders of the 2030 Notes (the “2030 Noteholders”), pursuant to which the Company agreed to issue and sell Warrants to such 2030 Noteholders entitling the 2030 Noteholders to purchase, in the aggregate, up to 803,712 shares of Common Stock, based on their pro rata ownership of principal amount of the 2030 Senior Notes, in consideration of such 2030 Noteholders consenting to the First Amendment to the Indenture. The Warrants were issued on March 6 and March 11, 2026, and expire 5 years from their respective date of issuance.\n\nThe agreement governing the Warrants stipulates that the Company will file a registration statement with the SEC with respect to the shares of Common Stock underlying the Warrants. The Warrants will be exercisable immediately, and in lieu of exercising such Warrant, the 2030 Noteholders may convert their Warrants, in whole or in part, into the number of the shares of Common Stock underlying the Warrants pursuant to the terms of the Warrants prior to the expiration date.\n\nThe Warrant Purchase Agreement contains customary representations, warranties and covenants of the Company and the 2030 Noteholders. Upon Closing, the Company has agreed to reimburse certain of the 2030 Noteholders for certain expenses. The issuance of the Warrants, entitling the 2030 Noteholders to purchase, in the aggregate, up to 803,712 shares of Common Stock, will not be registered under the Securities Act, in reliance upon the exemption from registration provided by Section 4(a)(2) thereof as a transaction not involving any public offering."}