KLA CORP (KLAC) CEO Wallace sells 87,568 shares under Rule 10b5-1 plan
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 Trade Summary 10b5-1
Net Seller: 87,568 shares
Net Sell
1 txn
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)
- 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.
- F2. The number of shares of KLA common stock includes 386,970.215 shares issuable upon vesting of restricted stock units ("RSUs").
Key Figures
Shares sold: 87,568 shares
Sale price per share: $198.95 per share
Direct holdings after sale: 778,943.5499 shares
+2 more
5 metrics
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
Key Terms
Rule 10b5-1 trading plan, restricted stock units ("RSUs"), non-derivative
3 terms
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.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.