Insider sale at KLA Corp (KLAC) as SVP Kirloskar sells 4,504 shares at $195.50
Rhea-AI Filing Summary
KLA Corp executive Virendra A. Kirloskar, SVP & Chief Accounting Officer, sold 4,504 shares of common stock on August 5, 2026 at $195.50 per share. The sale was effected under a Rule 10b5-1 trading plan adopted by the reporting person. After this transaction, he directly holds 7,972.4479 shares of KLA common stock, including 7,911.390 shares issuable upon vesting of restricted stock units (RSUs).
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Insider Trade Summary 10b5-1
Net Seller: 4,504 shares
Net Sell
1 txn
Insider
Kirloskar Virendra A
Role
SVP & Chief Accounting Officer
Sold
4,504 shs ($881K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 4,504 | $195.50 | $881K |
Holdings After Transaction:
Common Stock — 7,972.4479 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 Februry 18, 2026.
- F2. The number of shares of KLA common stock includes 7,911.390 shares issuable upon vesting of restricted stock units ("RSUs").
Key Figures
Shares sold: 4504.0000 shares
Sale price: $195.5000 per share
Shares held after transaction: 7972.4479 shares
+1 more
4 metrics
Shares sold
4504.0000 shares
Non-derivative common stock sale on 2026-08-05
Sale price
$195.5000 per share
Price for the 4,504 common shares sold on 2026-08-05
Shares held after transaction
7972.4479 shares
Direct holdings following the reported sale
RSU-linked shares included
7,911.390 shares
Shares issuable upon vesting of restricted stock units included in post-transaction total
Key Terms
Rule 10b5-1 trading plan, restricted stock units, Common Stock
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 financial
"includes 7,911.390 shares issuable upon vesting of restricted stock units ("RSUs")"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Common Stock financial
"security_title: Common Stock for the non-derivative transaction"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did KLA Corp (KLAC) report for Virendra A. Kirloskar?
KLA Corp executive Virendra A. Kirloskar reported selling 4,504 shares of KLA common stock on August 5, 2026 at $195.50 per share. The transaction involved non-derivative common stock held directly by the reporting person.
Was the KLA Corp (KLAC) insider sale by Virendra A. Kirloskar under a Rule 10b5-1 plan?
Yes. A footnote states the sale was effected under a Rule 10b5-1 trading plan adopted by the reporting person. The filing’s Rule 10b5-1 checkbox is also marked as affirmed, indicating the transaction followed a pre-arranged trading plan.
What role does Virendra A. Kirloskar hold at KLA Corp (KLAC)?
Virendra A. Kirloskar serves as KLA Corp’s Senior Vice President & Chief Accounting Officer. His officer status is specified in the insider report, which identifies him as an executive officer but not a director or 10% beneficial owner.
How are restricted stock units reflected in Virendra A. Kirloskar’s KLA Corp (KLAC) holdings?
A footnote explains that his reported 7,972.4479 KLA shares include 7,911.390 shares issuable upon vesting of RSUs. This means a substantial portion of the disclosed holdings represents stock that will be received only upon future RSU vesting.