[Form 4] KLA Corporation Insider Trading Activity
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.
- 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
- 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.