secwatch.observer — SEC 8-K summary
======================================

Issuer:     KLX Energy Services Holdings, Inc. (KLXE)
CIK:        0001738827
Form:       8-K
Filed at:   2024-05-14T23:59:59+00:00
Accession:  0001193125-24-138369
Event type: other_material
Sentiment:  neutral
Materiality: 0.15
Item codes: 5.07
LLM model:  deepseek-v4-flash:cloud@v2

KLX Energy shareholders reject board declassification and supermajority removal proposals
--------------------------------------------------------------------------------

- Proposal to declassify board failed; needed 66⅔% of outstanding shares (8.58M for, 16.7M total).
- Say-on-pay approved; shareholders recommended annual advisory votes; company will hold annual votes.
- Both Class III director nominees elected: Thomas P. McCaffrey and Corbin J. Robertson, Jr.
- Proposals to eliminate supermajority for bylaw and charter amendments rejected; each needed 66⅔%.
- Ratification of Deloitte & Touche as independent auditor approved (12.6M for, 0.2M against).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1738827/000119312524138369/0001193125-24-138369-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1738827/000119312524138369/d824941d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-138369

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer