Form 4: KLA CFO's RSU Vesting & Tax Withholding
Insider Transaction Report
KLA Corp's EVP & CFO, Bren D. Higgins, reported routine vesting of restricted stock units and associated tax withholdings.
Summary
- Bren D. Higgins, EVP & Chief Financial Officer of KLA Corp (KLAC), reported changes in beneficial ownership of common stock.
- On August 3, 2025, 25% of Restricted Stock Units (RSUs) granted on August 3, 2023, for 5,828.000 shares of KLA common stock vested.
- 722.381 shares of KLA common stock were automatically withheld at vesting to cover required tax withholding, based on a fair market value of $886.64 per share.
- Following this transaction, 23,920.749 shares of KLA common stock were beneficially owned, including 14,703.912 shares issuable upon vesting of RSUs.
- On August 4, 2025, 25% of RSUs granted on August 4, 2022, for 5,961.000 shares of KLA common stock vested.
- 738.743 shares of KLA common stock were automatically withheld at vesting to cover required tax withholding, also based on a fair market value of $886.64 per share.
- Following this transaction, 23,182.006 shares of KLA common stock were beneficially owned, including 13,213.912 shares issuable upon vesting of RSUs.
- The fair market value used for calculating shares to be withheld was the closing price of KLA common stock as reported on August 1, 2025.
Sentiment
Score: 5
Explanation: Routine insider transaction related to RSU vesting and tax withholding, indicating no significant positive or negative sentiment.
Future Outlook
NA
Industry Context
NA
Stakeholder Impact
- Minimal direct impact on shareholders as these are routine compensation-related transactions.
Key Dates
| Date | Description |
|---|---|
| 08/04/2022 | Date of RSU grant for 5,961.000 shares. |
| 08/03/2023 | Date of RSU grant for 5,828.000 shares. |
| 08/01/2025 | Date used for fair market value calculation for tax withholding. |
| 08/03/2025 | Vesting date for 25% of RSUs granted on August 3, 2023. |
| 08/04/2025 | Vesting date for 25% of RSUs granted on August 4, 2022. |
| 08/05/2025 | Signature date of the Form 4 filing. |
Keywords
KLA Corp, KLAC, Form 4, Insider Trading, Restricted Stock Units, RSU Vesting, Executive Compensation, Bren D. Higgins
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