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[Form 4] KLA Corporation Insider Trading Activity

Filing Impact
(High)
Filing Sentiment
(Negative)
Form Type
4
Rhea-AI Filing Summary

The Form 4 shows that Bren D. Higgins, Executive Vice President & Chief Financial Officer of KLA Corporation (KLAC), sold 2,301 shares of KLA common stock on 08/20/2025 at $878.53 per share under a Rule 10b5-1 trading plan adopted May 5, 2025. After the sale, the filing reports beneficial ownership of 34,408.4 shares, which includes 21,418.468 shares issuable upon vesting of restricted stock units (RSUs). The sale was effected pursuant to the pre-established trading plan and was signed by an attorney-in-fact on behalf of the reporting person.

Positive
  • None.
Negative
  • None.

Insights

TL;DR: Insider sale under a 10b5-1 plan; reduces direct holdings but plan indicates pre-scheduled trades, suggesting no ad hoc signal.

The reported sale of 2,301 shares at $878.53 was executed under a Rule 10b5-1 plan adopted May 5, 2025, which means the transaction followed pre-established instructions rather than an opportunistic, discretionary sale. Post-transaction beneficial ownership is reported as 34,408.4 shares, of which 21,418.468 are RSU-based and not yet vested. From a financial-materiality standpoint, the filing discloses the mechanics and residual stake but does not provide dollar totals for remaining holdings or indicate any other compensatory changes. Impact is routine for executive-level holdings activity.

TL;DR: Governance practice followed: use of 10b5-1 plan and attorney-in-fact signature indicates procedural compliance.

The filing documents an officer-level sale executed under a Rule 10b5-1 trading plan and includes an attorney-in-fact signature, both common governance controls to mitigate insider trading risks. The disclosure also clarifies that a substantial portion of reported beneficial ownership derives from unvested RSUs (21,418.468 shares). The Form 4 provides the required information for transparency; there are no indications in the form of deviations from standard Section 16 reporting protocols.

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).
X
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 CA 95035

(City) (State) (Zip)
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)
EVP & Chief Financial Officer
3. Date of Earliest Transaction (Month/Day/Year)
08/20/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock 08/20/2025 S 2,301(1) D $878.53 34,408.4(2) 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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. This sale was effected pursuant to the terms of a Rule 10b5-1 trading plan adopted by the Reporting Person on May 5, 2025.
2. The number of shares of KLA common stock includes 21,418.468 shares issuable upon vesting of restricted stock units ("RSUs").
/s/ Jeffrey S. Cannon, as attorney-in-fact for Bren D. Higgins 08/22/2025
** 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.

FAQ

What did KLAC insider Bren D. Higgins do on 08/20/2025?

The filing shows Bren D. Higgins sold 2,301 shares of KLA common stock at $878.53 per share on 08/20/2025.

Was the KLAC sale discretionary or part of a plan?

The sale was executed pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 5, 2025.

How many KLA shares does Bren D. Higgins beneficially own after the reported transaction?

The Form 4 reports beneficial ownership of 34,408.4 shares following the transaction, which includes RSUs.

How many of the reported KLAC shares are from RSUs?

The filing states 21,418.468 shares are issuable upon vesting of restricted stock units (RSUs).

Who signed the Form 4 for the reporting person?

The Form 4 was signed by Jeffrey S. Cannon as attorney-in-fact for Bren D. Higgins on 08/22/2025.
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Semiconductor Equipment & Materials
Optical Instruments & Lenses
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United States
MILPITAS