Form 4: KLA Corp Director Hanley Receives Stock Grant

Director Jeneanne Michelle Hanley received an automatic grant of 350 restricted stock units (RSUs) of KLA Corporation on November 6, 2024.

Summary

• On November 6, 2024, Jeneanne Michelle Hanley, a director of KLA Corporation, received an automatic grant of 350 restricted stock units (RSUs).
• These RSUs will vest on the earliest of November 6, 2025, immediately before the next annual meeting of stockholders, or ten days before a change of control of KLA.
• Following the reported transaction, Hanley beneficially owns 3,897 shares of KLA common stock, including 350 shares issuable upon vesting of RSUs.

Sentiment

Score: 7

Explanation: The document reflects a standard executive compensation practice, indicating stability and alignment of interests. It's a neutral to slightly positive event.

Positives

• The grant of RSUs aligns the director's interests with those of the shareholders.
• The vesting schedule provides an incentive for continued service and commitment to the company's success.

Future Outlook

The document does not contain any specific forward-looking statements regarding the company's future performance.

Industry Context

This is a routine disclosure related to executive compensation and is common practice for publicly traded companies to align management and shareholder interests.

Stakeholder Impact

• Shareholders may view the RSU grant as a positive sign, aligning the director's interests with the company's long-term success.
• Employees may see this as a standard practice for executive compensation.

Key Dates