STOCK TITAN

KLA CORP (KLAC) CEO Wallace sells 87,568 shares under Rule 10b5-1 plan

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Form Type
4

Rhea-AI Filing Summary

KLA CORP President and CEO Richard P. Wallace reported selling 87,568 shares of KLA common stock on August 11, 2026 at $198.95 per share in an open-market or private transaction. The transaction was effected under a Rule 10b5-1 trading plan adopted on November 19, 2025. Following this sale, he directly holds 778,943.5499 shares of KLA common stock, which includes 386,970.215 shares issuable upon vesting of restricted stock units (RSUs).

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Insider WALLACE RICHARD P
Role President and CEO
Sold 87,568 shs ($17.42M)
Type Security Shares Price Value
Sale Common Stock F1, F2 87,568 $198.95 $17.42M
Holdings After Transaction: Common Stock — 778,943.5499 shares (Direct)
Footnotes (2)
  1. F1. This sale was effected pursuant to the terms of a Rule 10b5-1 trading plan adopted by the Reporting Person on November 19, 2025.
  2. F2. The number of shares of KLA common stock includes 386,970.215 shares issuable upon vesting of restricted stock units ("RSUs").
Shares sold 87,568 shares Common stock sale on August 11, 2026
Sale price per share $198.95 per share Price for the 87,568 common shares sold
Direct holdings after sale 778,943.5499 shares Direct KLA common stock held following the reported transaction
RSU-linked shares included 386,970.215 shares Shares issuable upon vesting of restricted stock units (RSUs) included in post-transaction holdings
Rule 10b5-1 plan adoption date November 19, 2025 Date the trading plan governing this sale was adopted
Rule 10b5-1 trading plan regulatory
"This sale was effected pursuant to the terms of a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
restricted stock units ("RSUs") financial
"includes 386,970.215 shares issuable upon vesting of restricted stock units ("RSUs")"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
non-derivative financial
"transaction_type is listed as non-derivative for the common stock sale"

FAQ

What did KLA CORP (KLAC) CEO Richard P. Wallace report in this Form 4?

Richard P. Wallace reported a sale of 87,568 shares of KLA CORP common stock at $198.95 per share on August 11, 2026. The filing also shows his remaining direct holdings after the transaction.

How many KLAC shares did the CEO sell and at what price?

He sold 87,568 shares of KLA CORP (KLAC) common stock at a price of $198.95 per share. The sale is identified as a non-derivative transaction in common stock.

How many KLAC shares does the CEO hold after this reported sale?

After the sale, Richard P. Wallace directly holds 778,943.5499 shares of KLA CORP common stock. This total includes 386,970.215 shares issuable upon vesting of restricted stock units (RSUs).

Was the KLAC CEO’s share sale made under a Rule 10b5-1 plan?

Yes. The sale was effected pursuant to a Rule 10b5-1 trading plan adopted by Richard P. Wallace on November 19, 2025. Such plans allow pre-arranged trading of shares under specified conditions.

What portion of the KLAC CEO’s reported holdings are RSUs?

Of the 778,943.5499 shares shown as directly held after the sale, 386,970.215 shares are issuable upon vesting of restricted stock units (RSUs). These RSUs represent future potential shares rather than currently issued stock.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
WALLACE RICHARD P

(Last)(First)(Middle)
ONE TECHNOLOGY DRIVE

(Street)
MILPITAS CALIFORNIA 95035

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
KLA CORP [ KLAC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
President and CEO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/11/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock08/11/2026S87,568(1)D$198.95778,943.5499(2)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. This sale was effected pursuant to the terms of a Rule 10b5-1 trading plan adopted by the Reporting Person on November 19, 2025.
2. The number of shares of KLA common stock includes 386,970.215 shares issuable upon vesting of restricted stock units ("RSUs").
/s/ Jeffrey S. Cannon, as attorney-in-fact for Richard P. Wallace08/12/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)