KLA CORP (KLAC) CFO Bren Higgins has shares withheld to cover RSU taxes
Rhea-AI Filing Summary
KLA CORP EVP & Chief Financial Officer Bren D. Higgins reported an automatic tax-withholding transaction related to vesting restricted stock units. On August 7, 2026, 4,531.612 shares of common stock were withheld at $193.22 per share to cover tax liability upon vesting of 25% of an RSU grant made August 7, 2025. Following this withholding, Higgins directly held 339,315.4359 shares of KLA common stock, including 128,244.613 shares issuable upon future RSU vesting.
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Insights
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Insider Trade Summary
Net Seller: 4,531.612 shares
Net Sell
1 txn
Insider
Higgins Bren D.
Role
EVP & Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1, F2 | 4,531.612 | $193.22 | $876K |
Holdings After Transaction:
Common Stock — 339,315.4359 shares (Direct)
Footnotes (2)
- 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 128,244.613 shares issuable upon vesting of RSUs.
Key Figures
Shares withheld for taxes: 4,531.612 shares
Withholding share price: $193.22 per share
Shares held after transaction: 339,315.4359 shares
+2 more
5 metrics
Shares withheld for taxes
4,531.612 shares
Common stock automatically withheld on August 7, 2026 for RSU tax liability
Withholding share price
$193.22 per share
Closing price on August 6, 2026 used as fair market value
Shares held after transaction
339,315.4359 shares
Direct holdings of Bren D. Higgins following tax-withholding disposition
Unvested RSU-related shares
128,244.613 shares
Shares issuable upon future vesting of restricted stock units
RSU vesting percentage
25%
Portion of August 7, 2025 RSU grant that vested on August 7, 2026
Key Terms
restricted stock units, tax withholding, fair market value, closing price
4 terms
restricted stock units financial
"the Reporting Person was granted restricted stock units ("RSUs") of shares"
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.
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.
closing price financial
"was the closing price of KLA common stock as reported on August 6, 2026"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What transaction did KLA CORP (KLAC) CFO Bren D. Higgins report on this Form 4?
Bren D. Higgins reported an automatic tax-withholding disposition of 4,531.612 shares of KLA common stock. The shares were withheld on August 7, 2026 to cover taxes due upon vesting of previously granted restricted stock units.
Was Bren D. Higgins’ KLAC Form 4 transaction a market sale or a tax withholding?
The Form 4 reports a tax-withholding disposition, not an open-market sale. Shares were automatically withheld at RSU vesting to pay required tax liability, consistent with the grant’s terms, rather than being voluntarily sold into the market.
What portion of Bren D. Higgins’ KLAC RSUs vested in this Form 4 event?
On August 7, 2026, 25% of the restricted stock units granted on August 7, 2025 vested. This vesting triggered the automatic withholding of 4,531.612 shares of KLA common stock to cover taxes associated with that RSU vesting.