KLA Corp (KLAC) EVP withholds RSU shares to pay taxes on vesting
Rhea-AI Filing Summary
KLA Corp executive Brian Lorig, EVP KLA Global Services, reported two tax-withholding dispositions of common stock tied to restricted stock unit (RSU) vesting. On August 1, 2026, 3004.549 shares and on August 3, 2026, 3282.197 shares were automatically withheld at $182.82 per share to cover required taxes as 25% of RSU grants from 2024 and 2023 vested. His share position also includes 78,317.150 and 71,697.150 shares issuable upon vesting of RSUs.
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Insights
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Insider Trade Summary
Net Seller: 6,286.746 shares
Net Sell
2 txns
Insider
Lorig Brian
Role
EVP, KLA Global Services
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F3, F4 | 3,282.197 | $182.82 | $600K |
| Tax Withholding | Common Stock F1, F2 | 3,004.549 | $182.82 | $549K |
Holdings After Transaction:
Common Stock — 96,477.0609 shares (Direct)
Footnotes (4)
- F1. On August 1, 2024, the Reporting Person was granted restricted stock units ("RSUs") of shares of KLA common stock. On August 1, 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 July 31, 2026.
- F2. The number of shares of KLA common stock includes 78,317.150 shares issuable upon vesting of RSUs.
- F3. On August 3, 2023, the Reporting Person was granted RSUs of shares of KLA common stock. On August 3, 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 July 31, 2026.
- F4. The number of shares of KLA common stock includes 71,697.150 shares issuable upon vesting of restricted stock units RSUs.
Key Figures
Tax-withheld shares on August 1, 2026: 3004.5490 shares
Tax-withheld shares on August 3, 2026: 3282.1970 shares
RSU shares issuable (August 1 footnote): 78,317.150 shares
+2 more
5 metrics
Tax-withheld shares on August 1, 2026
3004.5490 shares
Common stock withheld to cover tax on RSU vesting dated August 1, 2026
Tax-withheld shares on August 3, 2026
3282.1970 shares
Common stock withheld to cover tax on RSU vesting dated August 3, 2026
RSU shares issuable (August 1 footnote)
78,317.150 shares
Shares issuable upon vesting of RSUs referenced in footnote F2
RSU shares issuable (August 3 footnote)
71,697.150 shares
Shares issuable upon vesting of RSUs referenced in footnote F4
Fair market value used for tax withholding
$182.8200 per share
Closing price on July 31, 2026 used to calculate withheld shares
Key Terms
restricted stock units, tax withholding, fair market value, closing price
4 terms
restricted stock units financial
"On August 1, 2024, the Reporting Person was granted restricted stock units"
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 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 July 31, 2026"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did KLA Corp (KLAC) report for executive Brian Lorig?
Brian Lorig reported two tax-withholding dispositions of KLA common stock. On August 1, 2026, 3004.549 shares and on August 3, 2026, 3282.197 shares were automatically withheld to cover required taxes on vested restricted stock units.
Were Brian Lorig’s recent KLA (KLAC) transactions open-market stock sales?
No. Both transactions are coded F, meaning shares were withheld to satisfy tax liabilities on vested restricted stock units. The information shows no open-market purchases or sales in this Form 4.
Which RSU grants underlie Brian Lorig’s KLAC tax-withholding transactions?
The August 1, 2026 withholding relates to RSUs granted August 1, 2024, and the August 3, 2026 withholding relates to RSUs granted August 3, 2023. In each case, twenty-five percent of the RSUs vested and shares were withheld for taxes.
Are Brian Lorig’s KLAC transactions identified as under a Rule 10b5-1 trading plan?
The Form 4’s Rule 10b5-1 checkbox is not marked as affirming a trading plan. The disclosure does not indicate that these tax-withholding transactions were executed pursuant to a Rule 10b5-1 arrangement.