Accepted (ET)
4:05 PM
Aug 3, 2026
Filed
Aug 3, 2026
Documents
1
Size
7.6 KB
Summary
KLA (KLAC) President Ahmad Khan Withholds Shares for Taxes
What Happened
Ahmad A. Khan, President, Semiconductor Products & Customers at KLA, had shares of KLA stock automatically withheld to cover tax withholding when RSUs vested. On Aug 1, 2026, 4,503.907 shares were withheld at $182.82 (value $823,404), and on Aug 3, 2026, 7,223.806 shares were withheld at $182.82 (value $1,320,656). Total shares withheld: 11,727.713 shares, total value ≈ $2,144,060. This is a routine tax-withholding disposition (code F), not an open-market sale.
Key Details
- Transaction dates and price(s): Aug 1, 2026 — 4,503.907 shares @ $182.82; Aug 3, 2026 — 7,223.806 shares @ $182.82.
- Total value withheld: ≈ $2,144,060.
- Shares owned after transaction: The filing notes RSU pools included in beneficial totals — 146,433.760 and 131,863.760 shares issuable upon vesting (see footnotes); the filing does not indicate an active open-market sale by the insider.
- Footnotes: RSUs were granted Aug 1, 2024 and Aug 3, 2023; 25% of each grant vested on the Aug 1 and Aug 3, 2026 vesting dates. Shares were automatically withheld at vesting to cover required tax withholding; the FMV used for withholding calculations was KLA’s July 31, 2026 closing price.
- Filing timeliness: Report filed Aug 3, 2026 for vesting activity on Aug 1 and Aug 3, 2026 (appears to be a timely Section 16 filing).
Context: This was a cashless tax-withholding event tied to RSU vesting—common for executives when equity awards vest. It is a routine administrative disposition (code F) and does not on its own signal a buy or sell decision in the open market.