STOCK TITAN

KLA Corp (KLAC) SVP sells 1,565 shares and covers RSU taxes

(Very High)
(Negative)
Form Type
4

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 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)
  1. 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.
  2. F2. The number of shares of KLA common stock includes 14,616.390 shares issuable upon vesting of RSUs.
  3. 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.
  4. F4. The number of shares of KLA common stock includes 7,911.390 shares issuable upon vesting of RSUs.
  5. 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.
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
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.

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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.

How many KLA (KLAC) shares did Kirloskar sell on August 4, 2026, and at what price?

Kirloskar sold 1565.0000 shares of KLA common stock at $191.5900 per share on August 4, 2026. Footnotes state this sale was effected under a Rule 10b5-1 trading plan adopted on February 18, 2026.

Why were 4,429.973 KLA (KLAC) shares withheld from Virendra A. Kirloskar?

A total of 1105.6340 and 3324.3390 KLA shares were automatically withheld at $182.7500 per share to cover required tax withholding when service-based RSUs and performance-based PRSUs granted in 2022 vested on August 4, 2026.

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.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Kirloskar Virendra A

(Last)(First)(Middle)
ONE TECHNOLOGY DRIVE

(Street)
MILPITAS CALIFORNIA 95035

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
KLA CORP [ KLAC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
SVP & Chief Accounting Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/04/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock08/04/2026F1,105.634(1)D$182.7517,365.7869(2)D
Common Stock08/04/2026F3,324.339(3)D$182.7514,041.4479(4)D
Common Stock08/04/2026S1,565(5)D$191.5912,476.4479(4)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 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.
2. The number of shares of KLA common stock includes 14,616.390 shares issuable upon vesting of RSUs.
3. 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.
4. The number of shares of KLA common stock includes 7,911.390 shares issuable upon vesting of RSUs.
5. This sale was effected pursuant to the terms of a Rule 10b5-1 trading plan adopted by the Reporting Person on February 18, 2026.
/s/ Jeffrey S. Cannon, as attorney-in-fact for Virendra A. Kirloskar08/04/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)