KLA (KLAC) CEO Richard P. Wallace Sells 12,762 Shares

What Happened
Richard P. Wallace, President and CEO of KLA Corporation (KLAC), had 12,761.893 shares disposed on August 7, 2026 to cover tax withholding related to vested restricted stock units (RSUs). The shares were valued at $193.22 each for a total of approximately $2,465,853. This was a tax-withholding share disposition (code F), not an open-market sale motivated by a trading decision.

Key Details

• Transaction date: August 7, 2026; shares withheld/disposed: 12,761.893; price used: $193.22; total value ≈ $2,465,853.
• Filing date: August 10, 2026 (three calendar days after the transaction). Form 4s are generally due within two business days; check business-day counting for timeliness.
• Footnotes: RSUs were granted on August 7, 2025; 25% vested on August 7, 2026 and KLA automatically withheld shares to cover required tax withholding. The fair market value used to calculate withheld shares was the closing price on August 6, 2026.
• Related holdings: the filing notes 386,970.215 shares issuable upon vesting of RSUs (included in the reported number).

Context
This was a routine "sell-to-cover" / tax-withholding event at vesting of RSUs (reporting code F). Such withholdings are standard to satisfy tax obligations and do not by themselves imply a view on the company’s prospects.