KLA (KLAC) President Ahmad Khan Sells 31,037 Shares for Taxes

What Happened

• Ahmad A. Khan (President, Semiconductor Products & Customer Operations) had shares of KLA common stock withheld and disposed to satisfy tax withholding obligations tied to RSU/PRSUs that vested on August 4, 2026. Two withholding transactions occurred: 7,759.271 shares and 23,277.811 shares, both at $182.75 per share, generating proceeds of $1,418,007 and $4,254,020 respectively (total ≈ $5,672,027). Transaction code: F (payment of exercise price or tax liability / withholding).

Key Details

• Transaction date: 2026-08-04. Price used for withholding: $182.75 (closing price used was Aug 3, 2026 per footnotes).
• Shares withheld: 7,759.271 and 23,277.811 (total 31,037.082 shares) — both marked "Disposed" as tax withholding.
• Values: $1,418,007 and $4,254,020 (total ≈ $5,672,027).
• Footnotes: RSUs were granted Aug 4, 2022; 25% of service-based RSUs vested Aug 4, 2026; certain PRSUs (performance-based RSUs) had performance satisfied Aug 7, 2025 and 50% vested Aug 4, 2026. Shares were automatically withheld at vesting to cover taxes; FMV for withholding used the Aug 3, 2026 close.
• Reported RSU/PRSUs issuable: filing references 116,213.760 and 69,263.760 shares issuable upon vesting (see footnotes). The filing does not list a single consolidated "shares owned after" figure in the provided excerpt.
• Timeliness: Filing shows the transaction and report date as 2026-08-04 (no indication of a late filing).

Context

• This was a routine tax-withholding disposition tied to RSU/PRSUs vesting (a form of cashless/automatic sale to satisfy tax obligations), not an open-market discretionary sale or new share purchase. Such withholdings are common and are generally not interpreted as a directional trading signal.