Richard P. Wallace, an officer and director of KLA Corp, filed a Form 144 notice on November 10, 2026, proposing the sale of 72,014 shares of KLA Corp common stock through Fidelity Brokerage Services LLC on NASDAQ.

Key Highlights

  • Proposed sale: 72,014 shares of KLA Corp common stock with an aggregate market value of $10,731,526.28, according to the filing.
  • Seller: Richard P. Wallace, identified in the filing as both an officer and a director of KLA Corp.
  • Shares outstanding: The filing lists 1,302,962,435 shares of common stock outstanding at the time of filing.
  • Source of shares: The shares proposed for sale were acquired through three restricted stock vesting events from the issuer on June 30, 2026 (11,657 shares), August 4, 2026 (22,827 shares), and August 6, 2026 (37,530 shares), each characterized as compensation.
  • Rule 10b5-1 plan: The filing indicates a plan adoption or instruction date of November 19, 2025.
  • Prior sales in past 3 months: Wallace sold 87,568 shares on August 11, 2026 for gross proceeds of $17,421,653.60, and 72,019 shares on September 15, 2026 for gross proceeds of $12,378,625.72, according to the filing.
  • Broker: Fidelity Brokerage Services LLC, 900 Salem Street, Smithfield, RI 02917, is named as the broker for the proposed sale.

Wallace's Proposed Share Sale at KLA Corp: Filing Details

According to the Form 144 notice filed on November 10, 2026, Richard P. Wallace, who holds the roles of both officer and director at KLA Corp (NASDAQ:KLAC), proposed to sell 72,014 shares of KLA Corp common stock. The aggregate market value of the shares to be sold is listed as $10,731,526.28, with an approximate sale date of November 10, 2026. KLA Corp is headquartered at One Technology Drive, Milpitas, California 95035.

The filing discloses that the shares proposed for sale were obtained through restricted stock vesting transactions directly from the issuer. Specifically, 11,657 shares vested on June 30, 2026, 22,827 shares vested on August 4, 2026, and 37,530 shares vested on August 6, 2026, with each acquisition described as compensation. The filing notes that Wallace is relying on a Rule 10b5-1 trading plan or instruction with an adoption date of November 19, 2025.

The filing also reports Wallace's prior sales of KLA Corp common stock over the preceding three months. On August 11, 2026, Wallace sold 87,568 shares for gross proceeds of $17,421,653.60, and on September 15, 2026, 72,019 shares were sold for gross proceeds of $12,378,625.72. The Form 144 was signed by Margaret Campbell as a duly authorized representative of Fidelity Brokerage Services LLC, acting as attorney-in-fact for Richard P. Wallace.

What Was Disclosed

KLA Corp officer and director Richard P. Wallace filed a Form 144 on November 10, 2026, notifying the SEC of a proposed sale of 72,014 common shares valued at $10,731,526.28, with shares sourced from restricted stock vesting events and a Rule 10b5-1 plan adopted November 19, 2025.