Key Energy Services insider just declared owning 9,463,516 shares of Key Energy Services

Sachs Group Goldman, an insider of Key Energy Services, has just filed an initial statement of beneficial ownership where 9,463,516 shares of Key Energy Services were declared. This form is usually filed as a prelude to receiving options or buying company shares, so there may be more to come from Goldman. Goldman operates out of New York, NY. Some additional info was provided as follows:

This statement is being filed by The Goldman Sachs Group, Inc. ("GS Group") and Goldman Sachs & Co. LLC. ("Goldman Sachs" and, together with GS Group, the "Reporting Persons"). Goldman Sachs is a wholly-owned subsidiary of GS Group. As of March 6, 2020, GS Group and Goldman Sachs may each be deemed to beneficially own 4,731,758 shares of common stock, $0.01 par value per share ("Comm on Stock"), of Key Energy Services, Inc. GS Group may be deemed to beneficially own indirectly the Common Stock by reason of Goldman Sachs' direct beneficial ownership. The Reporting Persons disclaim beneficial ownership of the securities reported herein except to the extent of their pecuniary interest therein, if any.

The above information was disclosed in a filing to the SEC. To see the filing, click here.

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Other recent filings from the company include the following:

Entry into a Material Definitive - May 22, 2020
Key Energy Services Just Filed Its Quarterly Report: EARNINGS (LOSS) PER ... - May 15, 2020
Key Energy Services, Inc - May 14, 2020

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