STOCK TITAN

KLA Corp (KLAC) filer plans $17.4M sale of 87,568 common shares

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Richard P. Wallace filed to sell up to 87,568 shares of KLAC common stock through Fidelity Brokerage Services LLC, with an aggregate market value of $17,421,653.60, in a transaction expected on August 11, 2026 on NASDAQ. The shares relate to restricted stock vesting events scheduled for June 30, August 1, August 4, and August 6, 2026. In the past three months, Wallace reported sales of 4,512 shares on May 12, 2026 for $8,094,528.00 and 4,512 shares on June 11, 2026 for $9,986,725.44.

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Shares planned for sale 87,568 shares KLAC common stock to be sold through Fidelity Brokerage Services LLC
Aggregate market value $17,421,653.60 Total value of 87,568 planned KLAC shares
Planned sale date 08/11/2026 Expected date of KLAC share sale on NASDAQ
Vesting shares on 06/30/2026 11,657 shares Restricted stock vesting categorized as Compensation
Vesting shares on 08/06/2026 47,254 shares Largest single restricted stock vesting event listed
Shares sold 05/12/2026 4,512 shares KLAC common stock sold for $8,094,528.00
Proceeds 05/12/2026 sale $8,094,528.00 Consideration for 4,512 KLAC shares
Proceeds 06/11/2026 sale $9,986,725.44 Consideration for 4,512 KLAC shares
Form 144 regulatory
"144: Securities To Be Sold"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
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.
aggregate market value financial
"Common | Fidelity Brokerage Services LLC ... | 87568 | 17421653.60"
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.
Compensation financial
"11657 | 06/30/2026 | Compensation Common | 08/01/2026"

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

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FAQ

What does the Form 144 filing for KLAC by Richard P. Wallace disclose?

It discloses a planned sale of up to 87,568 KLAC common shares with an aggregate market value of $17,421,653.60, expected to be sold through Fidelity Brokerage Services LLC on August 11, 2026 on NASDAQ.

How many KLAC shares are planned for sale in this Form 144?

The filing indicates a planned sale of up to 87,568 KLAC common shares. These shares are tied to several restricted stock vesting events occurring on June 30, August 1, August 4, and August 6, 2026 as part of compensation.

What is the aggregate market value of KLAC shares covered by this Form 144?

The aggregate market value of the KLAC common shares covered is $17,421,653.60. This figure reflects the total value assigned to the 87,568 shares proposed for sale through Fidelity Brokerage Services LLC on NASDAQ.

What prior KLAC stock sales did Richard P. Wallace report in the last 3 months?

He reported selling 4,512 shares of KLAC common stock on May 12, 2026 for $8,094,528.00 and another 4,512 shares on June 11, 2026 for $9,986,725.44, as disclosed in the Form 144 section on recent sales.

Which broker and market are involved in the planned KLAC share sale?

The planned sale is through Fidelity Brokerage Services LLC, located in Smithfield, Rhode Island, with execution on NASDAQ. The Form 144 lists KLAC common stock as the security to be sold via this brokerage firm.

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