Hanley Jeneanne Michelle 4
Research Summary
AI-generated summary
KLA (KLAC) Director Jeneanne Hanley Sells 550 Shares
What Happened
- Jeneanne Michelle Hanley, a director of KLA Corp (KLAC), sold 550 shares of KLA common stock in an open-market transaction on May 11, 2026. The weighted-average sale price was $1,874.71, generating total proceeds of $1,031,088. The individual sale prices ranged from $1,874.64 to $1,875.08.
Key Details
- Transaction date: 2026-05-11 (reported on Form 4 filed 2026-05-12).
- Transaction type/code: Open-market sale (S).
- Shares sold: 550 shares; weighted-average price $1,874.71; price range $1,874.64–$1,875.08.
- Proceeds: $1,031,088 (approx).
- Shares owned after transaction: Not specified in the provided excerpt; filing notes holdings include 203.732 shares issuable upon vesting of RSUs.
- Footnotes: F1 notes the price range and that detailed per-price quantities are available upon request. F2 clarifies that reported holdings include 203.732 RSU shares issuable upon vesting.
- Filing timeliness: Form filed the next day (May 12), which appears timely for a Form 4 disclosure.
Context
- This was a sale (liquidity event) rather than a purchase; the filing does not state a 10b5‑1 trading plan or indicate this was a tax-withholding sale. Sales by directors can be routine; the Form 4 provides transaction facts but does not state motivation.