CALDERONI ROBERT 4
Research Summary
AI-generated summary
KLA (KLAC) Director Robert Calderoni Receives RSU Award
What Happened
Robert Calderoni, a director of KLA Corporation (KLAC), received a grant of 11.269 restricted stock units (RSUs) on February 5, 2026. The filing reports an acquisition price of $0.00 (typical for awards). These RSUs will convert to shares if and when they vest under the terms described in the filing.
Key Details
- Transaction date: February 5, 2026; Form 4 filed February 6, 2026 (appears timely).
- Award: 11.269 RSUs granted, recorded at $0.00 per share in the filing.
- Vesting: RSUs vest on the earliest of (i) Feb 5, 2027, (ii) immediately prior to the next annual meeting of stockholders, or (iii) ten days prior to a change of control (Footnote F1).
- Ownership notes: The filing states the reporting person’s holdings include 267.971 shares issuable upon vesting of RSUs (Footnote F2). Some shares are held by The 2019 Calderoni Family Trust, of which he is trustee and beneficiary (Footnote F3). The Form 4 does not list a single total "shares owned after transaction" figure beyond these notes.
- Code: A = Award/Grant.
Context
RSU grants are compensation awards that convert to shares only if vesting conditions are met; they are not open-market purchases or sales. Such awards for directors are common and do not by themselves indicate a buy or sell signal by the insider. The vesting acceleration provision for a change of control is a standard protection for executives/directors.