KLA CORP (KLAC) CEO reports RSU tax-withholding of 12,761 shares in Form 4
Rhea-AI Filing Summary
KLA CORP President and CEO Richard P. Wallace reported a Code F transaction involving common stock. On August 7, 2026, 12,761.893 shares were withheld at $193.22 per share to satisfy tax withholding obligations upon vesting of previously granted restricted stock units (RSUs). Following this tax-withholding disposition, Wallace’s direct holdings total 866,511.5499 shares of KLA common stock, which includes 386,970.215 shares issuable upon vesting of RSUs.
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Insights
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Insider Trade Summary
Net Seller: 12,761.893 shares
Net Sell
1 txn
Insider
WALLACE RICHARD P
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1, F2 | 12,761.893 | $193.22 | $2.47M |
Holdings After Transaction:
Common Stock — 866,511.5499 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 386,970.215 shares issuable upon vesting of RSUs.
Key Figures
Shares withheld for taxes: 12,761.893 shares
Withholding reference price: $193.22 per share
Shares held after transaction: 866,511.5499 shares
+2 more
5 metrics
Shares withheld for taxes
12,761.893 shares
Common stock withheld on August 7, 2026 for RSU tax withholding (Code F)
Withholding reference price
$193.22 per share
Fair market value used to calculate shares withheld for tax obligations
Shares held after transaction
866,511.5499 shares
Direct KLA common stock holdings following the tax-withholding disposition
RSU-related shares included
386,970.215 shares
Shares issuable upon vesting of RSUs included in post-transaction holdings
RSU vesting portion
25%
Portion of the August 7, 2025 RSU grant that vested on August 7, 2026
Key Terms
restricted stock units, tax withholding, fair market value, Code F
4 terms
restricted stock units financial
"the Reporting Person was granted restricted stock units ("RSUs") of shares of KLA common stock"
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.
Code F financial
"Payment of tax liability by delivering or withholding securities (Code F transaction)"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did KLA CORP (KLAC) report for CEO Richard P. Wallace?
KLA CORP reported that CEO Richard P. Wallace had 12,761.893 shares of common stock withheld to cover tax liabilities tied to RSU vesting. This was a Code F tax-withholding disposition, not an open-market sale or purchase.
What are Richard P. Wallace’s KLA CORP (KLAC) holdings after this Form 4 transaction?
After the tax-withholding transaction, Richard P. Wallace directly holds 866,511.5499 shares of KLA common stock. This amount includes 386,970.215 shares that are issuable in the future upon vesting of outstanding RSUs.
Was the KLA CORP (KLAC) CEO’s Form 4 transaction an open-market sale?
No. The Form 4 describes a Code F transaction, meaning shares were withheld for tax on RSU vesting rather than sold in the open market. It reflects required withholding mechanics, not discretionary selling.
What RSU vesting event triggered the KLA CORP (KLAC) tax-withholding?
The filing notes RSUs granted on August 7, 2025, with 25% vesting on August 7, 2026. At vesting, KLA common shares were automatically withheld to cover tax obligations, based on the closing price on August 6, 2026.