KLA CORP (KLAC) EVP Brian Lorig reports RSU and PRSU tax share withholding
Rhea-AI Filing Summary
KLA CORP executive Brian Lorig, EVP, KLA Global Services, reported two tax-withholding dispositions of common stock dated August 4, 2026. KLA automatically withheld 3693.7110 and 11081.1310 shares at $182.7500 per share to cover taxes upon vesting of previously granted RSUs and PRSUs. Footnotes indicate his position includes 64,247.150 and 41,897.150 shares issuable upon vesting of RSUs.
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Insights
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Insider Trade Summary
Net Seller: 14,774.842 shares
Net Sell
2 txns
Insider
Lorig Brian
Role
EVP, KLA Global Services
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1, F2 | 3,693.711 | $182.75 | $675K |
| Tax Withholding | Common Stock F3, F4 | 11,081.131 | $182.75 | $2.03M |
Holdings After Transaction:
Common Stock — 81,702.2189 shares (Direct)
Footnotes (4)
- F1. On August 4, 2022, the Reporting Person was granted restricted stock units ("RSUs") of shares of KLA common stock. On August 4, 2026, twenty-five percent (25%) of the RSUs vested. Pursuant to the terms of the grant, shares of KLA common stock were automatically withheld at vesting to cover required tax withholding. The fair market value of KLA common stock used for purposes of calculating the number of shares to be withheld was the closing price of KLA common stock as reported on August 3, 2026.
- F2. The number of shares of KLA common stock includes 64,247.150 shares issuable upon vesting of RSUs.
- F3. On August 4, 2022, in addition to the RSUs granted that were subject to only service-based vesting conditions, the Reporting Person was also granted RSUs with both performance-based and service-based vesting conditions ("PRSUs") for a target number of shares of KLA common stock. On August 7, 2025, KLA's Board of Directors and Compensation and Talent Committee determined that the performance conditions applicable to these PRSUs were satisfied. The remaining fifty percent (50%) of the PRSUs vested on August 4, 2026. Pursuant to the terms of the grant, shares of KLA common stock were automatically withheld at vesting to cover required tax withholding. The fair market value of KLA common stock used for purposes of calculating the number of shares to be withheld was the closing price of KLA common stock as reported on August 3, 2026.
- F4. The number of shares of KLA common stock includes 41,897.150 shares issuable upon vesting of RSUs.
Key Figures
Tax-withheld shares (RSUs): 3693.7110 shares
Tax-withheld shares (PRSUs): 11081.1310 shares
Withholding reference price: 182.7500 $/share
+2 more
5 metrics
Tax-withheld shares (RSUs)
3693.7110 shares
Shares of common stock withheld on August 4, 2026 for taxes on RSU vesting
Tax-withheld shares (PRSUs)
11081.1310 shares
Shares of common stock withheld on August 4, 2026 for taxes on PRSU vesting
Withholding reference price
182.7500 $/share
Closing price on August 3, 2026 used as fair market value for tax withholding
RSUs issuable
64,247.150 shares
Shares issuable upon vesting of RSUs referenced in footnote F2
Additional RSUs issuable
41,897.150 shares
Shares issuable upon vesting of RSUs referenced in footnote F4
Key Terms
restricted stock units ("RSUs"), performance-based and service-based vesting conditions, PRSUs, fair market value, +1 more
5 terms
restricted stock units ("RSUs") financial
"the Reporting Person was granted restricted stock units ("RSUs") of shares"
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.
performance-based and service-based vesting conditions financial
"granted RSUs with both performance-based and service-based vesting conditions ("PRSUs")"
PRSUs financial
"vesting conditions ("PRSUs") for a target number of shares"
A PRSU is a type of employee equity award that turns into actual company shares only if preset performance goals are met over a specified time. Think of it like a prize that only pays out when a team hits agreed targets; investors watch PRSUs because they tie management pay to results, can increase the number of shares outstanding when paid, and therefore affect shareholder value and incentives.
fair market value financial
"The fair market value of KLA common stock used for purposes"
The price a willing buyer and a willing seller would agree on for an asset or security when neither is under pressure and both have access to the same information. Think of it as the market’s neutral estimate of what something is worth, like the price two neighbors would settle on for a car after comparing similar listings. Investors care because fair market value guides buying and selling decisions, tax reporting, portfolio valuation, and how accurately company assets are reflected in financial statements.
closing price financial
"was the closing price of KLA common stock as reported"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What transactions did KLA CORP (KLAC) EVP Brian Lorig report on August 4, 2026?
Brian Lorig reported two F-code tax-withholding dispositions of KLA CORP common stock. In both cases, shares were automatically withheld rather than sold in the market to satisfy tax liabilities triggered by the vesting of earlier restricted stock unit (RSU and PRSU) awards.
What RSU grant underlies Brian Lorig’s August 4, 2026 tax withholding at KLA CORP (KLAC)?
On August 4, 2022, Brian Lorig received RSUs of KLA common stock, of which 25% vested on August 4, 2026. At vesting, KLA automatically withheld shares, valued using the August 3, 2026 closing price, to satisfy required tax withholding obligations on that RSU vesting.
What performance-based RSUs (PRSUs) vested for Brian Lorig at KLA CORP (KLAC)?
In addition to service-based RSUs, Lorig received PRSUs on August 4, 2022. KLA’s Board and Compensation and Talent Committee determined performance conditions were met on August 7, 2025, and the remaining 50% of those PRSUs vested on August 4, 2026, triggering further tax-related share withholding.
Was Brian Lorig’s KLA CORP (KLAC) Form 4 filed under a Rule 10b5-1 trading plan?
The Form 4 indicates the Rule 10b5-1 checkbox is not marked, and the footnotes describe automatic tax withholding at vesting. The reported F-code transactions therefore reflect plan-defined tax withholding mechanics, not discretionary open-market buying or selling activity.