Form 4: KLA Director Receives Automatic RSU Grant

KLA Corporation Director Susan J.S. Taylor received an automatic grant of 203.732 restricted stock units.

Summary

• Susan J.S. Taylor, a Director of KLA Corporation (KLAC), received an automatic grant of 203.732 restricted stock units (RSUs) on November 5, 2025.
• The RSUs were granted at a price of $0 per share.
• Following this transaction, Susan J.S. Taylor beneficially owns 369.732 shares of KLA common stock, which includes the newly granted RSUs.
• The RSUs will vest on the earliest of November 5, 2026, immediately prior to the next annual meeting of stockholders, or ten days prior to a change of control of KLA.

Sentiment

Score: 7

Explanation: The filing indicates a routine compensation event for a director, which is generally positive as it aligns interests with shareholders. It does not contain any negative or unexpected information.

Positives

• The automatic grant of restricted stock units aligns the director's interests with those of shareholders, promoting long-term value creation.
• This grant represents a form of compensation for the director's service to the company.

Future Outlook

The granted restricted stock units are subject to future vesting conditions, which include a specific date (November 5, 2026), the timing of the next annual meeting of stockholders, or a change of control event for KLA.

Industry Context

Automatic RSU grants are a common form of equity compensation for non-employee directors in the technology and semiconductor equipment industry, aligning their long-term interests with company performance and shareholder value.

Comparison to Industry Standards

• The use of restricted stock units as a component of director compensation is a standard practice across many publicly traded companies, including those in the semiconductor equipment sector like KLA Corporation.
• The vesting schedule, tied to a specific date, the next annual meeting, or a change of control, is typical for such grants, designed to retain directors and incentivize long-term commitment.

Stakeholder Impact

• Shareholders: The RSU grant aligns the director's financial interests with long-term shareholder value, as the value of the RSUs is tied to the company's stock performance.

Next Steps

• Vesting of the 203.732 restricted stock units on the earliest of November 5, 2026, immediately prior to the next annual meeting of stockholders, or ten days prior to a change of control of KLA.

Key Dates

Keywords

KLA Corporation, KLAC, Restricted Stock Units, RSU Grant, Insider Transaction, Director Compensation, Form 4, Beneficial Ownership