KLA (NASDAQ: KLAC) executive logs RSU vesting, ESPP buy and updated holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
KLA CORP executive Ahmad A. Khan reported routine equity compensation activity involving company common stock. On June 30, 2026, 61,651.800 shares from performance-based and service-based RSUs vested, and 30,566.963 shares were automatically withheld to cover required tax withholding at a value of $278.39 per share, rather than sold on the open market.
On the same date, Khan also recorded an "other" transaction of 196.1599 shares at $108.33 per share, which footnotes describe as purchased under KLA’s employee stock purchase plan. Following these updates, he directly holds 227,428.6799 shares of KLA common stock, including 155,517.880 shares issuable upon vesting of RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Khan Ahmad A.
Role
President, Semi. Prod. & Cust.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 196.16 | $108.33 | $21K |
| Tax Withholding | Common Stock | 30,566.963 | $278.39 | $8.51M |
Holdings After Transaction:
Common Stock — 227,428.68 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 217,169.680 shares issuable upon vesting of restricted stock units ("RSUs"). On August 4, 2022, the reporting person was granted RSUs with both performance-based and service-based vesting conditions ("PRSUs") divided into three tranches. On August 7, 2025, KLA's Board of Directors and Compensation and Talent Committee determined that the performance conditions applicable to the second tranche of these PRSUs were satisfied. On June 30, 2026, 61,651.800 shares vested. Pursuant to the terms of the grant, shares of KLA common stock were automatically withheld to cover required tax withholding on the 61,651.800 shares of KLA common stock that vested. 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 June 29, 2026. The number of shares of KLA common stock includes 155,517.880 shares issuable upon vesting of RSUs.
Key Figures
Tax withholding shares: 30,566.963 shares
Tax withholding price: $278.39 per share
RSU shares vested: 61,651.800 shares
+3 more
6 metrics
Tax withholding shares
30,566.963 shares
Shares withheld to cover required tax withholding on June 30, 2026
Tax withholding price
$278.39 per share
Fair market value used to calculate shares withheld on June 29, 2026
RSU shares vested
61,651.800 shares
PRSUs with performance and service conditions that vested on June 30, 2026
ESPP purchase
196.1599 shares at $108.33
Shares purchased under employee stock purchase plan at 85% of closing price
Post-transaction holdings
227,428.6799 shares
Total KLA common shares directly held after reported transactions
Unvested RSUs included
155,517.880 shares
Shares issuable upon vesting of restricted stock units included in holdings
Key Terms
employee stock purchase plan, restricted stock units ("RSUs"), performance-based and service-based vesting conditions, PRSUs, +1 more
5 terms
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 217,169.680 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.
performance-based and service-based vesting conditions financial
"RSUs with both performance-based and service-based vesting conditions ("PRSUs") divided into three tranches."
PRSUs financial
"performance-based and service-based vesting conditions ("PRSUs") divided into three tranches."
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.
tax withholding financial
"shares of KLA common stock were automatically withheld to cover required tax withholding on the 61,651.800 shares"
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.
FAQ
What did KLA (KLAC) executive Ahmad A. Khan report in this Form 4?
Ahmad A. Khan reported routine equity compensation activity, including RSU vesting with tax withholding and a small purchase under KLA’s employee stock purchase plan. These entries reflect compensation mechanics rather than open-market buying or selling of KLAC shares.
What RSU vesting did Ahmad A. Khan report for KLA (KLAC)?
Khan reported vesting of 61,651.800 KLA shares from performance-based and service-based RSUs granted in 2022. These shares related to the second tranche of PRSUs for which KLA’s board previously determined performance conditions were satisfied before the June 30, 2026 vesting date.
What is the employee stock purchase plan activity for KLA (KLAC) in this Form 4?
The Form 4 shows Khan acquired 196.1599 KLA shares under the company’s employee stock purchase plan. The purchase price equaled 85% of the closing price on January 2, 2026, the first day of the offering period, consistent with the plan’s discounted purchase feature.