KLA Corp (KLAC) SVP sells 1,565 shares and covers RSU taxes
Rhea-AI Filing Summary
KLA Corp SVP & Chief Accounting Officer Virendra A. Kirloskar reported two tax-withholding dispositions and one open-market sale of common stock on August 4, 2026. A total of 1105.6340 and 3324.3390 shares were withheld at $182.7500 per share to cover taxes on vested RSUs and PRSUs, and 1565.0000 shares were sold at $191.5900 per share pursuant to a Rule 10b5-1 trading plan adopted on February 18, 2026.
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Insider Trade Summary 10b5-1
Net Seller: 5,994.973 shares
Net Sell
3 txns
Insider
Kirloskar Virendra A
Role
SVP & Chief Accounting Officer
Sold
1,565 shs ($300K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1, F2 | 1,105.634 | $182.75 | $202K |
| Tax Withholding | Common Stock F3, F4 | 3,324.339 | $182.75 | $608K |
| Sale | Common Stock F5, F4 | 1,565 | $191.59 | $300K |
Holdings After Transaction:
Common Stock — 12,476.4479 shares (Direct)
Footnotes (5)
- F1. On August 4, 2022, the Reporting Person was granted restricted stock units ("RSUs") of shares of KLA common stock. On August 4, 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 3, 2026.
- F2. The number of shares of KLA common stock includes 14,616.390 shares issuable upon vesting of RSUs.
- F3. On August 4, 2022, in addition to the RSUs granted that were subject to only service-based vesting conditions, the Reporting Person was also granted RSUs with both performance-based and service-based vesting conditions ("PRSUs") for a target number of shares of KLA common stock. On August 7, 2025, KLA's Board of Directors and Compensation and Talent Committee determined that the performance conditions applicable to these PRSUs were satisfied. The remaining fifty percent (50%) of the PRSUs vested on August 4, 2026. 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 3, 2026.
- F4. The number of shares of KLA common stock includes 7,911.390 shares issuable upon vesting of RSUs.
- F5. 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
Tax-withheld shares (RSUs): 1105.6340 shares
Tax-withheld shares (PRSUs): 3324.3390 shares
Sale shares: 1565.0000 shares
+5 more
8 metrics
Tax-withheld shares (RSUs)
1105.6340 shares
Common stock withheld on August 4, 2026 at $182.7500 per share to cover taxes on vested RSUs
Tax-withheld shares (PRSUs)
3324.3390 shares
Common stock withheld on August 4, 2026 at $182.7500 per share to cover taxes on vested PRSUs
Sale shares
1565.0000 shares
Common stock sold on August 4, 2026 at $191.5900 per share under a Rule 10b5-1 plan
Tax-withholding fair market value
$182.7500 per share
Closing price on August 3, 2026 used to calculate shares withheld for tax liabilities
Sale price
$191.5900 per share
Per-share price for 1,565 shares of common stock sold on August 4, 2026
Unvested RSUs included
14,616.390 shares
Shares of KLA common stock issuable upon vesting of RSUs included in Kirloskar’s reported holdings
Unvested RSUs included (later)
7,911.390 shares
Shares of KLA common stock issuable upon vesting of RSUs included in later reported holdings
Total F-code shares
4429.973 shares
Total common shares withheld to cover tax liabilities across two F-code transactions
Key Terms
restricted stock units ("RSUs"), PRSUs, Rule 10b5-1 trading plan, performance-based and service-based vesting conditions
4 terms
restricted stock units ("RSUs") financial
"granted restricted stock units ("RSUs") of shares of KLA common stock"
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.
PRSUs financial
"granted RSUs with both performance-based and service-based vesting conditions ("PRSUs")"
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.
Rule 10b5-1 trading plan financial
"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.
performance-based and service-based vesting conditions financial
"RSUs with both performance-based and service-based vesting conditions ("PRSUs")"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider stock transactions did KLA (KLAC) report for Virendra A. Kirloskar?
KLA reported that Virendra A. Kirloskar had two tax-withholding dispositions and one sale of common stock on August 4, 2026, related to vested RSUs and PRSUs, including a 1,565-share sale in addition to 4,429.973 shares withheld for tax obligations.
What RSU awards are referenced for Virendra A. Kirloskar at KLA (KLAC)?
Footnotes state Kirloskar’s reported holdings include 14,616.390 shares and later 7,911.390 shares of KLA common stock issuable upon vesting of RSUs, reflecting remaining unvested restricted stock units included in his ownership line items.
Were Kirloskar’s KLA (KLAC) stock sales made under a Rule 10b5-1 plan?
Yes. The Form 4 notes that the 1,565-share sale was effected under a Rule 10b5-1 trading plan adopted by Kirloskar on February 18, 2026, indicating the sale followed a pre-arranged trading instruction.
What vesting events triggered Kirloskar’s tax-withholding transactions in KLA (KLAC)?
On August 4, 2026, 25% of RSUs granted August 4, 2022 vested, and the remaining 50% of PRSUs vested after performance conditions were certified on August 7, 2025. Shares were automatically withheld at vesting to satisfy required tax obligations.