Koil Energy Solutions Inc. (KLNG)

[JoeSmith]

Form-T trade is just a late reported trade. Happens on many stocks.

" Last sale reports of transactions in designated securities
executed between the hours of 4:00 p.m. and 6:30 p.m. Eastern Time shall
be reported within 90 seconds after execution and be designated [as “.T”
trades] with the unique trade report modifier, as specified by NASD, to
denote their execution outside normal market hours. [Transactions not
reported within 90 seconds also shall be designated as .T trades.]
Transactions not reported before 6:30 p.m. cannot be reported through the
NASD/NSX Trade Reporting Facility. Participants must use an
alternative electronic mechanism to report these trades.
(C) Last sale reports of transactions executed between midnight
and 8:00 a.m. Eastern Time shall be reported between 8:00 a.m. and 9:30
a.m. Eastern Time on trade date [as “.T” trades] with the unique trade
report modifier, as specified by NASD, to denote their execution outside
normal market hours. Such [T]transactions not reported before 9:30 a.m.
shall be reported after 4:00 p.m. and before 6:30 p.m. [as .T trades] with
the appropriate trade report modifier as specified by NASD. "


http://www.finra.org/web/groups/industry/@ip/@reg/@rulfil/documents/rulefilings/p018633.pdf