Form 4: Kla CEO Sells Shares
Insider Transaction (Form 4)
Richard P Wallace, President and CEO of Kla Corp, sold 87,568 shares of common stock on August 11, 2026 for $198.95 per share.
Summary
- Open-market sale: disposed of 87,568 Common Stock at $198.95 ($17,421,654) on August 11, 2026; holds 778,944 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $17,421,654 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
Richard P Wallace — Officer (President and CEO)
Transaction made under a Rule 10b5-1 trading plan.
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-08-11 | Open-market sale | Common Stock | 87,568 | $199 | $17.4M | 778,943.55 |
Key Dates
| Date | Description |
|---|---|
| 2026-08-11 | Open-market sale (87,568 shares) |
Keywords
insider transaction, Form 4, KLAC, KLA CORP, bearish, Richard P Wallace
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