STOCK TITAN

KLA CORP's Richard P. Wallace plans $12.4M sale

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

KLA CORP (KLAC) received a notice under Rule 144 that Richard P. Wallace plans to sell 72,019 shares of KLA common stock, with an aggregate market value of $12,378,625.72, through Fidelity Brokerage Services LLC, with an approximate sale date of September 15, 2026 on NASDAQ.

The shares to be sold include multiple tranches of common stock from restricted stock vesting on various dates in 2026 that were granted as compensation.

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Shares planned for sale under Rule 144 72,019 shares Planned sale of KLA CORP common stock by Richard P. Wallace
Aggregate market value of planned sale $12,378,625.72 Market value of 72,019 KLAC shares to be sold
Shares sold in past 3 months 87,568 shares KLAC common stock sold by Richard P. Wallace on August 11, 2026
Value of shares sold in past 3 months $17,421,653.60 Total proceeds from 87,568 KLAC shares sold on August 11, 2026
Restricted stock vesting June 30, 2026 11,657 shares Compensation-related restricted stock vesting in KLAC common stock
Restricted stock vesting August 1, 2026 7,606 shares Compensation-related restricted stock vesting in KLAC common stock
Restricted stock vesting August 3, 2026 19,769 shares Compensation-related restricted stock vesting in KLAC common stock
Restricted stock vesting August 4, 2026 22,827 shares Compensation-related restricted stock vesting in KLAC common stock
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Restricted Stock Vesting financial
"Common | 06/30/2026 | Restricted Stock Vesting | Issuer"
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
attorney-in-fact regulatory
"as attorney-in-fact for Richard P. Wallace."
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.
aggregate market value financial
"Common | Fidelity Brokerage Services LLC ... | 12378625.72"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is being disclosed about KLAC in this Form 144 filing?

The filing states that Richard P. Wallace plans to sell 72,019 shares of KLA CORP common stock under Rule 144, with an aggregate market value of $12,378,625.72, through Fidelity Brokerage Services LLC on or about September 15, 2026.

How many KLAC shares has Richard P. Wallace recently sold?

During the past three months, Richard P. Wallace sold 87,568 shares of KLA CORP common stock, for total proceeds of $17,421,653.60, according to the transaction history section of the notice.

What type of KLAC securities are covered by this Form 144?

The notice covers planned sales of common stock of KLA CORP, including shares received through restricted stock vesting granted as compensation on multiple dates in 2026.

When are the KLAC compensation shares vesting for Richard P. Wallace?

The compensation-related restricted stock vesting events listed occur on June 30, 2026, August 1, 2026, August 3, 2026, August 4, 2026, and August 6, 2026, each resulting in additional common shares eligible for sale.

Which broker is handling the planned KLAC share sales?

The planned sales of 72,019 KLAC shares are to be executed through Fidelity Brokerage Services LLC, which is named as the broker under the securities information section of the notice.

On which exchange are the KLAC shares expected to be sold?

The notice states that the KLA CORP common shares covered by this Form 144 are expected to be sold on the NASDAQ market.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

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