Form 4: KLA Corp Executive Ahmad A. Khan Reports Stock Transaction

Ahmad A. Khan, President of Semi Proc. Control at KLA Corp, reports a transaction involving the withholding of shares to cover tax obligations upon vesting of restricted stock units.

Summary

• On March 20, 2024, Ahmad A. Khan, President of Semi Proc. Control at KLA Corp, had 7,422.971 shares of common stock withheld to cover tax obligations.
• This was due to the vesting of 15,195 shares of KLA common stock from a restricted stock unit (RSU) grant on March 20, 2019.
• The price per share used for calculating the withholding was $695.95, the closing price of KLA common stock on March 20, 2024.
• Following the transaction, Khan directly owns 39,938.421 shares of KLA common stock, including 23,330 shares issuable upon vesting of RSUs.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a routine stock transaction. It doesn't inherently convey positive or negative sentiment.

Industry Context

This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it primarily concerns the executive's tax obligations and stock ownership.

Key Dates