KLA Corp CEO & Director Files Proposed $12.4M Share Sale Under 10b5-1 Plan

Insider Filing Analysis: KLA Corp (Form 144)

Overview

On September 15, 2026, Richard P. Wallace, Officer and Director of KLA CORP, submitted a Form 144 notice proposing the sale of 72,019 shares of common stock with an aggregate market value of approximately $12.38 million (~$171.88 per share).

Transaction Details

• Securities to be Sold: 72,019 shares of Common Stock
• Aggregate Market Value: $12,378,625.72
• Approximate Sale Date: September 15, 2026
• Broker: Fidelity Brokerage Services LLC
• Trading Plan: The planned sales are executed pursuant to a Rule 10b5-1 trading plan adopted on November 19, 2025.
• Origin of Shares: Acquired via restricted stock vesting across multiple tranches between June 30, 2026, and August 6, 2026, as part of executive equity compensation.

Prior Trading Activity

Within the past three months, the reporting person sold 87,568 shares on August 11, 2026, generating gross proceeds of $17,421,653.60.

Significance Assessment

• Significance Level: High due to the aggregate transaction size ($12.4M) and the filer's C-suite/Board status.
• Market Impact Context: Because this transaction is governed by a pre-scheduled Rule 10b5-1 trading plan established in November 2025, the sale represents programmed liquidity and compensation monetization rather than discretionary trading based on near-term corporate developments.