KLA (KLAC) Ahmad A. Khan Receives RSU Awards; Shares Withheld

What Happened

• Ahmad A. Khan, President, Semiconductor Products & Customer, received equity awards (RSUs/PRSUs) and had shares withheld to cover tax withholding. According to the filing, he was credited with 174,306.553 shares (acquired via awards on Aug 5–6, 2026) and 52,646.871 shares were withheld/disposed to cover taxes at $192.80 per share, generating proceeds/value of $10,150,316 (two withholdings of $4,178,249 and $5,972,067).
• These transactions are award/grant events (code A) and tax-withholding share disposals (code F), not open-market purchases or sales for investment.

Key Details

• Transaction dates and amounts:
  • 2026-08-05: Grant of 24,410.853 RSUs (A).
  • 2026-08-06: Grant/acquisition of 87,420 shares (A).
  • 2026-08-06: Withholding/disposal of 21,671.418 shares at $192.80 = $4,178,249 (F).
  • 2026-08-06: Grant/acquisition of 62,475.700 shares (A).
  • 2026-08-06: Withholding/disposal of 30,975.453 shares at $192.80 = $5,972,067 (F).
• Total awarded/acquired (per transactions): 174,306.553 shares. Total shares withheld/disposed for taxes: 52,646.871 shares (~$10.15M).
• Notable footnotes:
  • Board determined certain PRSU performance targets met at the maximum level; 50% of those PRSUs vested on Aug 6, 2026, with remaining vesting later (see filing).
  • Shares were automatically withheld at vesting to cover required tax withholding; the closing price on Aug 5, 2026 was used to calculate withholding.
  • Filing references substantial unvested/issuable RSU balances (see footnotes for specific totals).
• Filing timing: Report covers period ending 2026-08-05 and was filed 2026-08-07 — no late-filing flag indicated in the provided data.

Context

• These transactions are largely vesting and tax-withholding events (cashless withholding) tied to RSU/PRSUs, not open-market sales or purchases that signal directional insider bets. The PRSUs achieved maximum performance levels per the board, triggering vesting. For retail investors, award vesting and automatic withholding are routine compensation events; they do not necessarily indicate the insider’s view on the stock.