KLAC CEO files Form 4: 10,803-share sale and 804-share gift
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
KLA Corp (KLAC) insider activity: President and CEO Richard P. Wallace reported a sale of 10,803 shares of common stock at $1,203.1 per share on 11/11/2025, executed under a Rule 10b5-1 trading plan adopted on November 1, 2024.
On the same date, he also reported a gift of 804 shares. Following these transactions, Wallace directly beneficially owned 80,407.008 shares, which includes 57,511.168 shares issuable upon vesting of RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 10,803 shares ($12,997,089)
Net Sell
2 txns
Insider
WALLACE RICHARD P
Role
President and CEO
Sold
10,803 shs ($13.00M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 10,803 | $1,203.10 | $13.00M |
| Gift | Common Stock | 804 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 81,211.008 shares (Direct)
Footnotes (1)
- This sale was effected pursuant to the terms of a Rule 10b5-1 trading plan adopted by the Reporting Person on November 1, 2024. The number of shares of KLA common stock includes 57,511.168 shares issuable upon vesting of restriced stock units ("RSUs"). This gift was effected pursuant to the terms of a Rule 10b5-1 trading plan adopted by the Reporting Person on November 1, 2024.
FAQ
What did KLAC's CEO report on Form 4?
He reported selling 10,803 shares at $1,203.1 on 11/11/2025 and a gift of 804 shares the same day.
Was the KLAC stock sale under a 10b5-1 plan?
Yes. The sale and gift were made pursuant to a Rule 10b5-1 trading plan adopted on November 1, 2024.
Do the reported holdings include RSUs?
Yes. The holdings include 57,511.168 shares issuable upon vesting of RSUs.
What were the transaction codes on the filing?
The sale was coded S (sale) and the gift was coded G (gift).
What is the reporting person’s role at KLA (KLAC)?
He is the President and CEO of KLA Corporation.