KLA CEO Richard P. Wallace Sells 72,019 Shares

What Happened

• Richard P. Wallace, President and Chief Executive Officer of KLA (KLAC), disposed of 72,019 shares of KLA common stock in an open-market sale on 2026-09-15 at $171.88 per share, totaling approximately $12,378,626. The filing notes the sale was effected under a Rule 10b5-1 trading plan adopted November 19, 2025.

Key Details

• Transaction date and price: 2026-09-15 — 72,019 shares sold at $171.88/share (total ≈ $12,378,626).
• Transaction type: Sale (open market) under a Rule 10b5-1 plan (prearranged trading plan).
• Holdings note: The filing indicates reported holdings include 386,970.215 shares issuable upon vesting of restricted stock units (RSUs).
• Filing timeliness: The provided summary does not indicate a late filing.

Context

• Sales executed under a 10b5-1 plan are prearranged and typically follow a schedule or formula; they may not reflect the insider’s current view of the company. This was a straight disposal (sale), not an exercise, gift, or award.