KLA CORP (KLAC) EVP Brian Lorig sells 59,586 shares under 10b5-1 plan
Rhea-AI Filing Summary
KLA CORP executive Brian Lorig, EVP of KLA Global Services, reported selling 59,586 shares of KLA common stock on August 13, 2026 at $208.13 per share in an open-market or private transaction. The sale was effected under a Rule 10b5-1 trading plan adopted on May 14, 2026. Following this transaction, Lorig directly holds 77,681.0919 shares of KLA common stock, including 71,918.092 shares issuable upon vesting of restricted stock units.
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Insider Trade Summary 10b5-1
Net Seller: 59,586 shares
Net Sell
1 txn
Insider
Lorig Brian
Role
EVP, KLA Global Services
Sold
59,586 shs ($12.40M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 59,586 | $208.13 | $12.40M |
Holdings After Transaction:
Common Stock — 77,681.0919 shares (Direct)
Footnotes (2)
- F1. This sale was effected pursuant to the terms of a Rule 10b5-1 trading plan adopted by the Reporting Person on May 14, 2026.
- F2. The number of shares of KLA common stock includes 71,918.092 shares issuable upon vesting of restricted stock units ("RSUs").
Key Figures
Shares sold: 59,586 shares
Sale price per share: $208.13 per share
Shares held after transaction: 77,681.0919 shares
+2 more
5 metrics
Shares sold
59,586 shares
Common stock sale reported for August 13, 2026
Sale price per share
$208.13 per share
Reported transaction price for the 59,586 shares sold
Shares held after transaction
77,681.0919 shares
Direct holdings of Brian Lorig following the sale
RSU-related shares included
71,918.092 shares
Shares issuable upon vesting of restricted stock units included in post-transaction holdings
10b5-1 plan adoption date
May 14, 2026
Date Lorig adopted the Rule 10b5-1 trading plan governing this sale
Key Terms
Rule 10b5-1 trading plan, restricted stock units ("RSUs"), beneficial ownership
3 terms
Rule 10b5-1 trading plan regulatory
"This 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.
restricted stock units ("RSUs") financial
"includes 71,918.092 shares issuable upon vesting of restricted stock units ("RSUs")"
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.
beneficial ownership financial
"The number of shares of KLA common stock includes 71,918.092 shares issuable"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
What insider transaction did KLA CORP (KLAC) report for Brian Lorig?
KLA CORP reported that EVP Brian Lorig sold 59,586 shares of common stock on August 13, 2026 in an open-market or private transaction at $208.13 per share under a Rule 10b5-1 trading plan.
Was the KLA CORP (KLAC) insider sale made under a Rule 10b5-1 plan?
Yes. The filing states the sale was effected under a Rule 10b5-1 trading plan adopted by Brian Lorig on May 14, 2026, indicating the transactions were pre-arranged under that plan.
What role does Brian Lorig hold at KLA CORP (KLAC)?
The reporting person, Brian Lorig, is identified as an officer of KLA CORP, serving as EVP, KLA Global Services, according to the insider ownership and transaction report.
AI-generated analysis. How Rhea-AI works. Not financial advice.