KLA CEO Richard P. Wallace Sells 87,568 Shares

What Happened
Richard P. Wallace, President and Chief Executive Officer of KLA (KLAC), disposed of 87,568 shares on 2026-08-11 at $198.95 per share, generating proceeds of approximately $17,421,654. The filing reports the sale as an open-market or private sale.

Key Details

• Transaction date & price: 2026-08-11 — 87,568 shares at $198.95 each. Total proceeds ≈ $17,421,654.
• Plan: Sale effected under a Rule 10b5-1 trading plan adopted by Mr. Wallace on November 19, 2025 (footnote F1).
• Beneficial ownership note: The filing indicates the reported beneficial ownership includes 386,970.215 shares issuable upon vesting of RSUs (footnote F2). See the Form 4 for the full “shares owned after transaction” figure.
• Timeliness: Filed 2026-08-12 (next day), so not indicated as late.

Context
Sales executed under 10b5-1 plans are pre-arranged and often reflect previously scheduled dispositions rather than a contemporaneous view on the company; filings are factual records of the transaction and do not by themselves indicate management sentiment. Retail investors should view this as a routine insider sale unless other insider activity or company-specific news suggests otherwise.