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KLA's Richard P. Wallace proposes $10.7M share sale

The notice also lists two earlier sales: 87,568 shares on August 11, 2026, and 72,019 shares on September 15, 2026.

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Form Type
144

Rhea-AI Filing Summary

KLA CORP (KLAC), the issuer, is named in a Form 144 notice by Richard P. Wallace, identified as an officer and director, for a proposed sale of 72,014 common shares. The notice gives an aggregate market value of $10,731,526.28, an approximate sale date of November 10, 2026, and a Rule 10b5-1 plan adoption date of November 19, 2025.

Proposed sale 72,014 common shares Approximate sale date November 10, 2026
Aggregate market value $10,731,526.28 Proposed sale
Shares outstanding 1,302,962,435 shares Number reported in the securities information
Prior sale 87,568 shares August 11, 2026; gross proceeds of $17,421,653.60
Prior sale $17,421,653.60 Gross proceeds on August 11, 2026, from 87,568 shares
Prior sale 72,019 shares September 15, 2026; gross proceeds of $12,378,625.72
Prior sale $12,378,625.72 Gross proceeds on September 15, 2026, from 72,019 shares
Rule 10b5-1 regulatory
"Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
Restricted Stock Vesting financial
"Restricted Stock Vesting"
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.
Aggregate Market Value financial
"Aggregate Market Value"
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.

How many KLAC shares does Richard P. Wallace propose to sell?

Richard P. Wallace proposes to sell 72,014 common shares, with an aggregate market value of $10,731,526.28 and an approximate sale date of November 10, 2026.

What prior KLAC share sales by Richard P. Wallace are listed?

The notice lists a sale of 87,568 shares on August 11, 2026, with gross proceeds of $17,421,653.60, and a sale of 72,019 shares on September 15, 2026, with gross proceeds of $12,378,625.72.

Was Richard P. Wallace's proposed KLAC sale under a Rule 10b5-1 plan?

The notice gives a Rule 10b5-1 plan adoption date of November 19, 2025.

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

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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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