[144] KLA Corporation SEC Filing
KLAC Form 144 notice: An insider has filed a proposed sale of 13,716 common shares to be executed through Fidelity Brokerage Services, with an approximate sale date of 08/29/2025. The filing reports an aggregate market value of $12,090,654 for the shares and notes 131,961,370 shares outstanding for the issuer.
The shares being sold were acquired entirely through restricted stock vesting as compensation on multiple dates (03/20/2024, 06/30/2025, 08/01/2025, 08/04/2025, 08/05/2025 and 08/07/2025) totaling 13,716 shares. The filer reports no securities sold in the past three months and certifies they do not possess undisclosed material adverse information.
- Full compliance with Rule 144 disclosure requirements, including broker, acquisition dates, and amounts
- No sales reported in the prior three months, suggesting this is an isolated planned sale
- All shares acquired via restricted stock vesting, clearly documented as compensation
- Aggregate market value of $12,090,654 may attract market attention despite representing a small percentage of outstanding shares
Insights
TL;DR: Routine insider sale notice of 13,716 shares valued at $12.09M; appears procedural rather than transformational.
The Form 144 documents a proposed sale through a broker with full disclosure of acquisition dates and amounts, all stemming from restricted stock vesting as compensation. The sale size of 13,716 shares represents approximately 0.0104% of the reported 131,961,370 shares outstanding, indicating this is a small proportion of the company's equity outstanding. There are no reported sales in the prior three months, which supports this being an isolated, planned disposition rather than a pattern of distribution.
TL;DR: Disclosure is complete for a Rule 144 sale; governance implication is limited absent other filings.
The filer clearly discloses the nature of the acquisitions (restricted stock vesting) and includes the broker, share counts, and aggregate market value. The certification regarding lack of material nonpublic information is included. From a governance perspective, the filing meets Rule 144 disclosure requirements and, standing alone, does not indicate broader governance or disclosure concerns.