STOCK TITAN

KLA CORP (KLAC) CFO has 29,557 shares withheld for taxes

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Form Type
4

Rhea-AI Filing Summary

KLA CORP EVP & Chief Financial Officer Bren D. Higgins reported two tax-withholding dispositions of common stock tied to equity awards that vested on August 4, 2026. To cover related taxes on RSUs and PRSUs granted in 2022, 29,557.118 shares were automatically withheld at $182.75 per share. The vesting covered 25% of a 2022 RSU grant and the remaining 50% of related performance-based RSUs.

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Insider Higgins Bren D.
Role EVP & Chief Financial Officer
Type Security Shares Price Value
Tax Withholding Common Stock F1, F2 7,387.42 $182.75 $1.35M
Tax Withholding Common Stock F3, F4 22,169.698 $182.75 $4.05M
Holdings After Transaction: Common Stock — 222,187.3659 shares (Direct)
Footnotes (4)
  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 113,978.760 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 69,263.760 shares issuable upon vesting of RSUs.
Tax-withheld shares (RSUs) 7,387.420 shares Shares of common stock withheld on August 4, 2026 to cover tax on vested RSUs
Tax-withheld shares (PRSUs) 22,169.698 shares Shares of common stock withheld on August 4, 2026 to cover tax on vested PRSUs
Total tax-withheld shares 29,557.118 shares Aggregate shares delivered or withheld to satisfy tax liabilities across both transactions
Reference share price $182.7500 per share Closing price on August 3, 2026 used to calculate the number of shares withheld
RSU vesting portion 25% Portion of an August 4, 2022 RSU grant that vested on August 4, 2026
PRSUs vesting portion 50% Remaining portion of performance-based RSUs that vested on August 4, 2026
RSU shares issuable (F2) 113,978.760 shares Shares of KLA common stock issuable upon vesting of RSUs referenced in footnote F2
RSU shares issuable (F4) 69,263.760 shares Shares of KLA common stock issuable upon vesting of RSUs referenced in footnote F4
restricted stock units ("RSUs") financial
"the Reporting Person was 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.
performance-based and service-based vesting conditions financial
"granted RSUs with both performance-based and service-based vesting conditions ("PRSUs")"
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.
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.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What insider transaction did KLA CORP (KLAC) report for Bren D. Higgins?

KLA CORP reported that EVP & CFO Bren D. Higgins had 29,557.118 shares of common stock automatically withheld on August 4, 2026. These dispositions covered tax obligations arising from the vesting of previously granted RSUs and PRSUs awarded in 2022.

How many KLA CORP (KLAC) shares were withheld for Higgins’s RSU vesting?

To satisfy tax withholding on vested RSUs, 7,387.420 shares of KLA common stock were automatically withheld on August 4, 2026. These shares relate to a restricted stock unit grant originally awarded on August 4, 2022.

How many KLA CORP (KLAC) shares were withheld for Higgins’s PRSU vesting?

For performance-based RSUs (PRSUs), 22,169.698 shares of KLA common stock were automatically withheld on August 4, 2026. These PRSUs had both performance-based and service-based vesting conditions and were granted on August 4, 2022.

What price per share was used to calculate KLA CORP (KLAC) tax withholding?

The tax-withheld shares were valued using a per-share price of $182.75, based on the closing price of KLA common stock reported on August 3, 2026. This fair market value determined how many shares were withheld to cover taxes.

What portions of KLA CORP (KLAC) equity awards vested for the CFO on August 4, 2026?

On August 4, 2026, 25% of a 2022 RSU grant vested, and the remaining 50% of related performance-based RSUs (PRSUs) also vested. Shares from both awards triggered automatic withholding to cover required tax obligations.

How many RSU shares remain issuable to the KLA CORP (KLAC) CFO after these vestings?

Footnote disclosures state that the reported holdings include 113,978.760 shares and later 69,263.760 shares of KLA common stock issuable upon vesting of RSUs. These figures refer to shares that may be issued as remaining RSUs vest.
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).
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*
Higgins Bren D.

(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)
EVP & Chief Financial 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 Stock08/04/2026F7,387.42(1)D$182.75244,357.0639(2)D
Common Stock08/04/2026F22,169.698(3)D$182.75222,187.3659(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 113,978.760 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 69,263.760 shares issuable upon vesting of RSUs.
/s/ Jeffrey S. Cannon, as attorney-in-fact for Bren D. Higgins08/04/2026
** 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)