KLA (KLAC) accounting chief sells 297 shares, retains RSU holdings

Filing Impact

(Very High)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

KLA CORP senior executive Virendra A. Kirloskar, the SVP & Chief Accounting Officer, reported an open-market sale of common stock. On May 11, 2026, he sold 297 shares of KLA common stock at $1,879.02 per share. After this transaction, he reports owning 1,957.491 shares directly, and a footnote explains this figure includes 1,951.639 shares issuable upon vesting of restricted stock units (RSUs).

Insider Trade Summary

Net Seller: 297 shares ($558,069)

Net Sell 1 txn

Insider Kirloskar Virendra A

Role SVP & Chief Accounting Officer

Sold 297 shs ($558K)

Type	Security	Shares	Price	Value
Sale	Common Stock	297	$1,879.02	$558K

Holdings After Transaction: Common Stock — 1,957.491 shares (Direct, null)

Footnotes (1)

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Key Figures

Shares sold: 297 shares Sale price per share: $1,879.02 per share Shares owned after transaction: 1,957.491 shares +1 more

4 metrics

Shares sold 297 shares Open-market sale of KLA common stock on May 11, 2026

Sale price per share $1,879.02 per share Price for the 297 KLA shares sold

Shares owned after transaction 1,957.491 shares Direct holdings reported following the sale

RSU-based shares included 1,951.639 shares Shares issuable upon vesting of RSUs included in total holdings

Key Terms

open-market sale, restricted stock units, Form 4, Chief Accounting Officer

4 terms

open-market sale financial

"he sold 297 shares of KLA common stock at $1,879.02 per share in an open-market sale"

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

restricted stock units financial

"includes 1,951.639 shares issuable upon vesting of restricted stock units ("RSUs")"

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.

Form 4 regulatory

"disclosed in the Form 4 insider trading report"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Chief Accounting Officer financial

"SVP & Chief Accounting Officer Virendra A. Kirloskar sold 297 KLA shares"

A chief accounting officer is a senior executive responsible for overseeing a company's financial records and ensuring all accounting practices are accurate and compliant with regulations. They play a key role in preparing financial reports that help investors understand the company's financial health, much like a trusted navigator guiding a ship through complex waters. Their work ensures transparency and trust in the company's financial information.

Form 4 Insider Transactions: What Each Field Means →

05/12/2026 - 04:05 PM

SEC Form 4

FORM 4

UNITED 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^*

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)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	SVP & Chief Accounting Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/11/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/11/2026		S		297	D	$1,879.02	1,957.491⁽¹⁾	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. The number of shares of KLA common stock includes 1,951.639 shares issuable upon vesting of restricted stock units ("RSUs").

	/s/ Jeffrey S. Cannon, as attorney-in-fact for Virendra A. Kirloskar	05/12/2026
	** Signature of Reporting Person	Date
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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did KLA (KLAC) disclose for Virendra A. Kirloskar?

KLA disclosed that SVP & Chief Accounting Officer Virendra A. Kirloskar sold 297 shares of common stock in an open-market transaction. The sale occurred on May 11, 2026, and involved KLA common stock held directly by the executive.

At what price did the KLA (KLAC) executive sell his shares?

Virendra A. Kirloskar sold his 297 KLA common shares at a price of $1,879.02 per share. This reported price reflects the per-share consideration for the open-market sale disclosed in the Form 4 insider trading report.

How many KLA (KLAC) shares does Virendra A. Kirloskar hold after the sale?

Following the sale, Virendra A. Kirloskar reports ownership of 1,957.491 KLA common shares. A footnote clarifies that this total includes 1,951.639 shares issuable upon the future vesting of restricted stock units, in addition to any already vested shares.

What role does Virendra A. Kirloskar hold at KLA (KLAC)?

Virendra A. Kirloskar serves as KLA’s Senior Vice President and Chief Accounting Officer. His position makes him a reporting officer under SEC rules, requiring disclosure of transactions in KLA common stock through Form 4 insider trading reports.

Does the Form 4 indicate any derivative or option exercises for KLA (KLAC)?

The Form 4 does not show any derivative or option exercises. It reports a single non-derivative transaction: an open-market sale of 297 KLA common shares, with no associated options or other derivative securities listed as exercised or converted.

How are restricted stock units (RSUs) reflected in the KLA (KLAC) insider holding?

A footnote explains that Kirloskar’s reported 1,957.491 KLA shares include 1,951.639 shares issuable upon vesting of RSUs. This means his disclosed ownership combines both currently held shares and shares that will be issued when those RSUs vest.