KLA (KLAC) accounting chief sells 196 shares under Rule 10b5-1 plan

Filing Impact

(Neutral)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

KLA CORP senior vice president and chief accounting officer Virendra A. Kirloskar reported small changes in his KLA stock holdings. On July 2, 2026, he executed an open-market sale of 196 shares of common stock at $265.69 per share, carried out under a pre-arranged Rule 10b5-1 trading plan adopted on February 18, 2026.

Earlier, on June 30, 2026, 196.1599 shares were purchased under KLA’s employee stock purchase plan at a price of $108.33 per share, representing 85% of the closing price on January 2, 2026, the first day of that ESPP offering period. After these transactions, Kirloskar holds 19,575.0699 KLA shares directly, a figure that includes 19,516.390 shares issuable upon vesting of restricted stock units.

Insider Trade Summary 10b5-1

Net Seller: 196 shares ($52,075)

Net Sell 2 txns

Insider Kirloskar Virendra A

Role SVP & Chief Accounting Officer

Sold 196 shs ($52K)

Type	Security	Shares	Price	Value
Sale	Common Stock	196	$265.69	$52K
Other	Common Stock	196.16	$108.33	$21K

Holdings After Transaction: Common Stock — 19,575.07 shares (Direct, null)

Footnotes (1)

Purchased under the registrant's employee stock purchase plan. Represents 85% of the closing price of the registrant's common stock on January 2, 2026, the first day of the offering period under the employee stock purchase plan. The number of shares of KLA common stock includes 19,516.390 shares issuable upon vesting of restricted stock units ("RSUs"). This sale was effected pursuant to the terms of a Rule 10b5-1 trading plan adopted by the Reporting Person on February 18, 2026.

Key Figures

Shares sold: 196 shares Sale price per share: $265.69 per share ESPP shares purchased: 196.1599 shares +3 more

6 metrics

Shares sold 196 shares Open-market sale on July 2, 2026

Sale price per share $265.69 per share Open-market sale on July 2, 2026

ESPP shares purchased 196.1599 shares Purchased under employee stock purchase plan on June 30, 2026

ESPP purchase price $108.33 per share Represents 85% of January 2, 2026 closing price

Shares held after transactions 19,575.0699 shares Direct holdings following reported transactions

RSUs included in holdings 19,516.390 shares Shares issuable upon vesting of restricted stock units

Key Terms

Rule 10b5-1 trading plan, employee stock purchase plan, restricted stock units ("RSUs"), open-market sale

4 terms

Rule 10b5-1 trading plan financial

"This sale was effected pursuant to the terms of a Rule 10b5-1 trading plan adopted by the Reporting Person"

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.

employee stock purchase plan financial

"Purchased under the registrant's employee stock purchase plan."

An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.

restricted stock units ("RSUs") financial

"includes 19,516.390 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.

open-market sale financial

"transaction_action": "open-market sale""

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/06/2026 - 04:05 PM Accepted by SEC EDGAR 07/06/2026 - 04:05 PM

SEC Form 4

FORM 4

UNITED 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).

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^*

Kirloskar Virendra A

(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)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	SVP & Chief Accounting Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/02/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	06/30/2026		J	V	196.1599⁽¹⁾	A	$108.33⁽²⁾	19,771.0699⁽³⁾	D
Common Stock	07/02/2026		S		196⁽⁴⁾	D	$265.69	19,575.0699⁽³⁾	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Purchased under the registrant's employee stock purchase plan.

2. Represents 85% of the closing price of the registrant's common stock on January 2, 2026, the first day of the offering period under the employee stock purchase plan.

3. The number of shares of KLA common stock includes 19,516.390 shares issuable upon vesting of restricted stock units ("RSUs").

4. This sale was effected pursuant to the terms of a Rule 10b5-1 trading plan adopted by the Reporting Person on February 18, 2026.

Remarks:

Adjusted to reflect a ten-for-one stock split of the registrant's common stock effective after market close on June 11, 2026.

	/s/ Jeffrey S. Cannon, as attorney-in-fact for Virendra A. Kirloskar	07/06/2026
	** Signature of Reporting Person	Date
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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did KLA (KLAC) executive Virendra Kirloskar report?

Virendra A. Kirloskar reported two transactions in KLA common stock. He bought 196.1599 shares through the employee stock purchase plan, then sold 196 shares in an open-market trade under a Rule 10b5-1 plan, modestly adjusting his holdings.

How many KLA (KLAC) shares did the executive sell and at what price?

He sold 196 shares of KLA common stock at $265.69 per share. This open-market sale was executed under a pre-arranged Rule 10b5-1 trading plan, indicating the trade was scheduled in advance rather than being a spontaneous market decision.

What is the significance of the Rule 10b5-1 plan in this KLA (KLAC) Form 4?

The filing states the 196-share sale was made under a Rule 10b5-1 trading plan adopted on February 18, 2026. Such plans pre-schedule trades, so the timing reflects a preset program rather than a new judgment about KLA’s current share price.

How many KLA (KLAC) shares does Virendra Kirloskar hold after these transactions?

After the reported transactions, Kirloskar directly holds 19,575.0699 KLA shares. This total includes 19,516.390 shares that will be issued if his restricted stock units vest, combining current stock ownership with future RSU-based shares.

How were the KLA (KLAC) shares acquired under the employee stock purchase plan priced?

The 196.1599 ESPP shares were priced at $108.33 each. The filing explains this reflects 85% of KLA’s closing stock price on January 2, 2026, which was the first day of the employee stock purchase plan’s offering period.

What are the restricted stock units (RSUs) mentioned in the KLA (KLAC) Form 4?

The Form 4 notes that Kirloskar’s reported holdings include 19,516.390 shares issuable upon vesting of restricted stock units. RSUs are equity awards that convert into shares if specified service or performance conditions are satisfied over time.