KLA CORP (KLAC) CAO Kirloskar reports RSU tax withholding and 2,405-share sale
Rhea-AI Filing Summary
KLA CORP executive Virendra A. Kirloskar, SVP & Chief Accounting Officer, reported two transactions in common stock on August 7, 2026. First, 520.591 shares were disposed of at $193.22 per share to cover required tax withholding upon vesting of previously granted RSUs. The same day, he sold 2,405 shares at $197.57 per share in a transaction effected under a Rule 10b5-1 trading plan adopted on February 18, 2026. A related footnote states that his holdings include 13,180.540 shares issuable upon vesting of RSUs.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 2,925.591 shares
Net Sell
2 txns
Insider
Kirloskar Virendra A
Role
SVP & Chief Accounting Officer
Sold
2,405 shs ($475K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1, F2 | 520.591 | $193.22 | $101K |
| Sale | Common Stock F3, F2 | 2,405 | $197.57 | $475K |
Holdings After Transaction:
Common Stock — 13,771.0399 shares (Direct)
Footnotes (3)
- F1. On August 7, 2025, the Reporting Person was granted restricted stock units ("RSUs") of shares of KLA common stock. On August 7, 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 6, 2026.
- F2. The number of shares of KLA common stock includes 13,180.540 shares issuable upon vesting of RSUs.
- F3. 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 withheld for tax: 520.591 shares
Tax-withholding price: $193.22 per share
Shares sold: 2,405 shares
+3 more
6 metrics
Shares withheld for tax
520.591 shares
Common stock disposed to cover tax withholding on RSU vesting at $193.22 per share
Tax-withholding price
$193.22 per share
Fair market value used to calculate 520.591 shares withheld on August 7, 2026
Shares sold
2,405 shares
Common stock sale on August 7, 2026 under a Rule 10b5-1 trading plan
Sale price
$197.57 per share
Per-share price for the 2,405 KLAC shares sold on August 7, 2026
RSUs issuable
13,180.540 shares
Shares of KLA common stock issuable upon vesting of RSUs held by the insider
RSU vesting percentage
25%
Portion of the August 7, 2025 RSU grant that vested on August 7, 2026
Key Terms
restricted stock units, Rule 10b5-1 trading plan, tax withholding, fair market value
4 terms
restricted stock units financial
"the Reporting Person was granted restricted stock units ("RSUs") of shares of KLA"
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.
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.
tax withholding financial
"shares of KLA common stock were automatically withheld at vesting to cover required tax withholding"
Tax withholding is the practice of taking a portion of a payment—such as wages, dividends, or sale proceeds—before it reaches the recipient and sending that portion to the tax authority as an advance on the recipient’s eventual tax bill. For investors it matters because withholding reduces immediate cash received and affects after‑tax returns, estimated tax payments, and whether you may owe more or receive a refund when taxes are finally calculated, like having a small automatic savings set aside for your tax bill.
fair market value financial
"The fair market value of KLA common stock used for purposes of calculating the number of shares"
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider stock transactions did KLAC executive Virendra Kirloskar report on August 7, 2026?
Virendra A. Kirloskar reported two KLAC transactions on August 7, 2026: 520.591 shares disposed to cover tax withholding at $193.22 per share and a separate sale of 2,405 shares at $197.57 per share.
Were Virendra Kirloskar’s KLAC stock sales made under a Rule 10b5-1 plan?
Yes. The 2,405-share KLAC sale at $197.57 on August 7, 2026 was effected under a Rule 10b5-1 trading plan adopted by Virendra A. Kirloskar on February 18, 2026.
What KLAC RSU holdings does Virendra Kirloskar still have according to this Form 4?
A footnote states that Virendra A. Kirloskar’s position includes 13,180.540 KLAC shares issuable upon vesting of RSUs. These RSUs represent potential future common stock, separate from the shares sold or withheld.