Virendra A. Kirloskar, Senior Vice President and Chief Accounting Officer of KLA Corp (NASDAQ:KLAC), filed a Form 4 on August 11, 2026, disclosing the sale of 529 shares of common stock on August 10, 2026.

Key Highlights

  • Shares sold: 529 shares of KLA Corp common stock were disposed of on August 10, 2026.
  • Sale price: The shares were sold at $204.56 per share.
  • 10b5-1 plan: The sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 18, 2026.
  • Remaining ownership: Following the transaction, Kirloskar beneficially owned 13,242.0399 shares directly.
  • RSU component: Of the total beneficial ownership, 13,180.540 shares are issuable upon vesting of restricted stock units (RSUs), according to the filing.
  • Signing authority: The form was signed by Jeffrey S. Cannon as attorney-in-fact for Virendra A. Kirloskar.

KLA Corp Chief Accounting Officer Disposes of Shares via Pre-Planned Sale

According to the Form 4 filed with the SEC on August 11, 2026, Virendra A. Kirloskar, identified as SVP and Chief Accounting Officer of KLA Corp, disposed of 529 shares of the company's common stock on August 10, 2026, at a price of $204.56 per share. The filing indicates the transaction carried code "S," denoting an open-market sale, and was executed directly by the reporting person.

The filing discloses that the sale was made pursuant to a Rule 10b5-1 trading plan that Kirloskar adopted on February 18, 2026. Such plans allow company insiders to establish pre-scheduled trading instructions at a time when they are not in possession of material non-public information. The form also notes that the box indicating a transaction made pursuant to a contract, instruction, or written plan satisfying Rule 10b5-1(c) affirmative defense conditions was checked.

Following the reported sale, Kirloskar's direct beneficial ownership stood at 13,242.0399 shares of KLA common stock. The filing notes that 13,180.540 of those shares are issuable upon the vesting of restricted stock units. No derivative securities transactions were reported in Table II of the filing.

What Was Disclosed

The filing disclosed a single open-market sale of 529 shares of KLA Corp common stock by the company's SVP and Chief Accounting Officer at $204.56 per share on August 10, 2026, executed under a pre-established Rule 10b5-1 trading plan.