Richard P. Wallace, President and Chief Executive Officer of KLA Corp, filed a statement of changes in beneficial ownership on August 10, 2026, reporting an automatic share withholding transaction tied to the vesting of restricted stock units on August 7, 2026.

Key Highlights

  • Reporting person: Richard P. Wallace, President and CEO of KLA Corp (NASDAQ: KLAC)
  • Transaction date: August 7, 2026, with the filing submitted August 10, 2026
  • Shares withheld: 12,761.893 shares of KLA common stock disposed of (code F) at $193.22 per share for tax withholding purposes
  • RSU vesting: Twenty-five percent (25%) of an RSU grant originally awarded on August 7, 2025 vested on August 7, 2026
  • Beneficial ownership following transaction: 866,511.5499 shares held directly, including 386,970.215 shares issuable upon future RSU vesting
  • Price used for withholding calculation: The closing price of KLA common stock as reported on August 6, 2026, which the filing states was $193.22

RSU Vesting and Automatic Tax Withholding for KLA Corp's President and CEO

According to the filing, Richard P. Wallace received an RSU grant on August 7, 2025, covering shares of KLA common stock. On August 7, 2026, twenty-five percent of those RSUs vested. KLA Corp is a semiconductor process control and yield management equipment company headquartered at One Technology Drive, Milpitas, California 95035, and its common stock trades on NASDAQ under the ticker KLAC.

The filing discloses that pursuant to the terms of the grant, shares of KLA common stock were "automatically withheld at vesting to cover required tax withholding." The transaction is recorded under code F, which corresponds to a disposition of shares to the issuer for tax withholding at vesting. The fair market value used to calculate the number of shares withheld was the closing price of KLA common stock on August 6, 2026, reported as $193.22 per share. A total of 12,761.893 shares were withheld in connection with this tax obligation.

Following the reported transaction, Wallace's direct beneficial ownership stood at 866,511.5499 shares, according to the filing. That total includes 386,970.215 shares that remain issuable upon the future vesting of RSUs. The filing was signed by Jeffrey S. Cannon as attorney-in-fact for Richard P. Wallace on August 10, 2026. No derivative securities transactions were reported in Table II of the filing.

What Was Disclosed

The filing reported a single code-F disposition of 12,761.893 shares of KLA common stock at $193.22, reflecting automatic tax withholding at the vesting of 25% of an RSU grant originally made on August 7, 2025. Wallace's resulting direct ownership was reported as 866,511.5499 shares.