KLA CORP's Richard P. Wallace plans $12.4M sale
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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Key Figures
Shares planned for sale under Rule 144: 72,019 shares
Aggregate market value of planned sale: $12,378,625.72
Shares sold in past 3 months: 87,568 shares
+5 more
8 metrics
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
Key Terms
Rule 144, Restricted Stock Vesting, attorney-in-fact, aggregate market value
4 terms
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.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.