KLX Energy Services Holdings, Inc. — Form 8-K Summary
Business Context and Reporting Period
KLX Energy Services Holdings, Inc. filed this Form 8-K on June 8, 2021, under Item 5.07 to report the results of its 2021 Annual Meeting of Stockholders held on the same date. The filing does not provide operating or financial results for a reporting period.
Financial Metrics and Capital Structure
The filing does not provide revenue, profit, cash flow, margins, debt, liquidity, or other financial metrics. It also does not report changes in the company’s financial position.
Annual Meeting Results
| Proposal | Result | Vote details |
|---|---|---|
| Election of Thomas P. McCaffrey as Class III director | Approved | 2,881,326 for; 1,881,451 withheld; 2,071,047 broker non-votes |
| Election of Corbin J. Robertson, Jr. as Class III director | Approved | 4,732,811 for; 29,966 withheld; 2,071,047 broker non-votes |
| Ratification of Deloitte & Touche LLP as independent auditor for the fiscal year ending January 31, 2022 | Approved | 6,402,304 for; 425,521 against; 5,999 abstentions |
The elected directors will serve terms expiring at the 2024 Annual Meeting and until their successors are elected or qualified. No other matters were submitted for stockholder action.
Guidance, Outlook, Risks, and Unusual Items
The filing contains no management guidance, outlook, risk disclosures, contingencies, or unusual financial items. The principal governance-related item is the stockholders’ approval of the independent auditor appointment.
Key Facts to Verify
- Confirm the director election results and the terms of service for Thomas P. McCaffrey and Corbin J. Robertson, Jr.
- Confirm Deloitte & Touche LLP’s appointment for the fiscal year ending January 31, 2022.
- Review the company’s related proxy statement and subsequent filings for director qualifications, auditor matters, and any financial or operational updates.
- Note the presence of 2,071,047 broker non-votes on each director election.