KLA Corp (NASDAQ: KLAC) CEO withholds 32,653.39 shares to cover RSU tax liabilities
Rhea-AI Filing Summary
KLA Corp President and CEO Richard P. Wallace reported two F-code transactions in KLA common stock, each reflecting shares automatically withheld to satisfy tax obligations upon RSU vesting. On August 1, 2026, 13,213.071 shares were withheld, and on August 3, 2026, a further 19,440.319 shares were withheld, both valued at $182.8200 per share, the July 31, 2026 closing price. Footnotes state that his reported position includes RSUs for 455,983.980 shares and 416,773.980 shares issuable upon future vesting.
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Insights
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Insider Trade Summary
Net Seller: 32,653.39 shares
Net Sell
2 txns
Insider
WALLACE RICHARD P
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F3, F4 | 19,440.319 | $182.82 | $3.55M |
| Tax Withholding | Common Stock F1, F2 | 13,213.071 | $182.82 | $2.42M |
Holdings After Transaction:
Common Stock — 635,522.4059 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 455,983.980 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 416,773.980 shares issuable upon vesting of RSUs.
Key Figures
Shares withheld for taxes (Aug 1, 2026): 13,213.071 shares
Shares withheld for taxes (Aug 3, 2026): 19,440.319 shares
Per-share value used for withholding: $182.8200 per share
+3 more
6 metrics
Shares withheld for taxes (Aug 1, 2026)
13,213.071 shares
Common stock withheld upon vesting of August 1, 2024 RSU grant
Shares withheld for taxes (Aug 3, 2026)
19,440.319 shares
Common stock withheld upon vesting of August 3, 2023 RSU grant
Per-share value used for withholding
$182.8200 per share
Closing price of KLA common stock on July 31, 2026
Total shares withheld for tax liability
32,653.39 shares
Sum of F-code tax-withholding dispositions reported
RSUs issuable upon vesting (F1 context)
455,983.980 shares
Shares of KLA common stock issuable upon vesting of RSUs noted in F2
RSUs issuable upon vesting (F3 context)
416,773.980 shares
Shares of KLA common stock issuable upon vesting of RSUs noted in F4
Key Terms
restricted stock units, tax withholding, fair market value, closing price
4 terms
restricted stock units financial
"the Reporting Person was granted restricted stock units ("RSUs") of shares of KLA"
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 (KLAC) CEO Richard P. Wallace report?
Richard P. Wallace reported two F-code dispositions, both reflecting shares withheld to cover taxes on RSU vesting. On August 1, 2026, 13,213.071 shares were withheld, and on August 3, 2026, 19,440.319 shares were withheld, all at $182.8200 per share.
Were Richard P. Wallace’s recent KLAC transactions open-market stock sales?
No. Both reported KLAC transactions were automatic tax-withholding dispositions tied to RSU vesting, not open-market sales. Shares were withheld by KLA at vesting to satisfy required tax liability, consistent with the terms of Wallace’s restricted stock unit grants.
What ongoing RSU exposure does KLAC CEO Richard P. Wallace report after these events?
Footnotes indicate Wallace’s reported holdings include RSUs for 455,983.980 shares and 416,773.980 shares of KLA common stock. These shares are issuable upon future vesting of restricted stock units and are in addition to already vested and withheld shares.
What does transaction code F signify in the KLAC CEO’s Form 4?
Transaction code F denotes “payment of tax liability by delivering or withholding securities”. In Wallace’s case, KLA withheld common shares that otherwise would have been delivered at RSU vesting to satisfy his associated tax withholding obligations.