[Form 4] Koil Energy Solutions, Inc. Insider Trading Activity
Rhea-AI Filing Summary
Mark Carden, a director of Koil Energy Solutions, Inc. (KLNG), reported the sale of 50,000 shares of the company’s common stock on 09/12/2025 at a price of $1.96 per share. After the reported disposition, the filing shows Mr. Carden beneficially owns 60,980 shares in total. The Form 4 is signed by Mark Carden on 09/15/2025 and includes a statement that the reporting person will provide, upon request, details on the number of shares sold at each separate price. No derivative transactions or other securities classes are reported.
Positive
- None.
Negative
- None.
Insights
Insider sale reduces director’s stake by 50,000 shares; transaction is disclosed but not accompanied by commentary on rationale.
The filing documents a straightforward open-market disposition: 50,000 common shares sold at $1.96 on 09/12/2025, leaving 60,980 shares beneficially owned. This is a material change in share count for the reporting person but the filing provides no context for the sale such as whether it was part of a pre-arranged plan. Investors can only rely on the numbers reported; no derivatives or related transactions are disclosed.
Director-borne sale is transparently reported on Form 4; filing contains limited narrative and no additional governance actions.
The report fulfills the disclosure requirement by listing the disposition and remaining beneficial ownership and is signed by the reporting person. It notes availability of further pricing details on request. The document does not indicate any change in board role or other governance events.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 50,000 | $1.96 | $98K |
Footnotes (1)
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