KLA Corp (KLAC) filer plans $17.4M sale of 87,568 common shares
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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Key Figures
Shares planned for sale: 87,568 shares
Aggregate market value: $17,421,653.60
Planned sale date: 08/11/2026
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8 metrics
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
Key Terms
Form 144, restricted stock vesting, aggregate market value, Compensation
4 terms
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.
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.
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.