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[Form 4] KLA Corporation Insider Trading Activity

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

Richard P. Wallace, President and CEO of KLA Corporation (KLAC), reported insider transactions on Form 4 dated 08/12/2025. The filing shows a sale of 10,801 shares of KLA common stock at $913.68 per share and a separate transfer/gift of 804 shares at $0, both executed on 08/12/2025. The sale and the gift were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 1, 2024. Following the reported transactions, the reporting person beneficially owned 92,818.008 shares (sale line) and 92,014.008 shares (gift line), which include 57,511.168 shares issuable upon vesting of restricted stock units.

Positive
  • Transactions were executed under a Rule 10b5-1 trading plan, which provides pre-clearance and reduces appearance of opportunistic timing
  • Full disclosure of RSU component in beneficial ownership (57,511.168 shares), improving transparency
Negative
  • Officer sold 10,801 shares at $913.68 per share, reducing direct holdings on 08/12/2025
  • Beneficial ownership declined on a reported-line basis from pre-transaction levels to 92,818.008 and 92,014.008 shares on respective lines

Insights

TL;DR: Routine, pre-planned insider sale and a small gift; holdings remain substantial and include vested RSUs.

The filing documents a Rule 10b5-1 plan-driven sale of 10,801 shares at $913.68 and a gift of 804 shares, both on 08/12/2025. Use of an established 10b5-1 plan reduces the likelihood these transactions were timed based on nonpublic information. The reporting person still beneficially owns over 92,000 shares, of which 57,511.168 are RSU-related, indicating continued equity exposure to KLAC.

TL;DR: Insider complied with 10b5-1 procedures; disclosure is timely and standard for an officer.

The Form 4 discloses compliance with a 10b5-1 trading plan adopted on November 1, 2024, and the transactions are signed by an attorney-in-fact. Reporting shows both a sale and a gift rather than any unusual acceleration or amendment. The disclosure of RSU inclusion in beneficial ownership is appropriate and provides clarity on long-term incentive overlap.

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*
WALLACE RICHARD P

(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)
President and CEO
3. Date of Earliest Transaction (Month/Day/Year)
08/12/2025
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 08/12/2025 S 10,801(1) D $913.68 92,818.008(2) D
Common Stock 08/12/2025 G 804(3) D $0 92,014.008(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 November 1, 2024.
2. The number of shares of KLA common stock includes 57,511.168 shares issuable upon vesting of restricted stock units ("RSUs").
3. This gift was effected pursuant to the terms of a Rule 10b5-1 trading plan adopted by the Reporting Person on November 1, 2024.
/s/ Jeffrey S. Cannon, as attorney-in-fact for Richard P. Wallace 08/14/2025
** 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 Richard P. Wallace report on Form 4 dated 08/12/2025?

The Form 4 reports a sale of 10,801 shares at $913.68 and a gift of 804 shares, both effected on 08/12/2025 under a Rule 10b5-1 trading plan.

Were the transactions by KLAC insider covered by a 10b5-1 plan?

Yes. The filing states both the sale and the gift were effected pursuant to a Rule 10b5-1 trading plan adopted on November 1, 2024.

How many KLA shares does Richard P. Wallace beneficially own after the reported transactions?

The filing reports beneficial ownership of 92,818.008 shares (sale line) and 92,014.008 shares (gift line), which include 57,511.168 RSU-issuable shares.

What price was the insider sale executed at?

The reported sale of 10,801 shares was executed at a price of $913.68 per share on 08/12/2025.

Who signed the Form 4 filing for the reporting person?

The Form 4 was signed by Jeffrey S. Cannon, as attorney-in-fact for Richard P. Wallace, dated 08/14/2025.
Kla Corp

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Semiconductor Equipment & Materials
Optical Instruments & Lenses
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United States
MILPITAS