June 20, 2025 · Form 4 insider transaction
Geveran Investments Ltd sold 41,333 shares of KLXE at $2.62 per share, a transaction worth $108.2K. The trade was recorded as j and disclosed on an SEC Form 4, filed 17 days after the transaction.
These shares are directly held by Famatown Finance Limited.; 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.