WALLACE RICHARD P 4

What Happened

• Richard P. Wallace, President and CEO of KLA Corp (KLAC), sold 4,512 shares of KLA common stock in an open-market transaction on May 12, 2026.
• The shares were sold at $1,794.00 per share for a total transaction value of $8,094,528. This was a sale (not a purchase), which is often routine when done under pre-established plans.

Key Details

• Transaction date and price: May 12, 2026 — 4,512 shares sold at $1,794.00 each.
• Total proceeds: $8,094,528.
• Ownership disclosure: the filing notes that the reported beneficial ownership includes 57,511.168 shares issuable upon vesting of restricted stock units (RSUs). (The excerpt provided does not state a separate total "shares owned after the transaction.")
• Footnotes: Sale was effected pursuant to a Rule 10b5-1 trading plan adopted by Wallace on November 19, 2025.
• Filing timeliness: Reported on May 12, 2026 (same date as the transaction), indicating a timely filing.

Context

• Because the sale was executed under a Rule 10b5-1 plan (a pre-arranged trading plan), it may reflect pre-set selling instructions rather than a new view on the company. Retail investors should treat planned sales differently from opportunistic or ad-hoc insider transactions.