March 20, 2024 · Form 4 insider transaction
Higgins Bren D. sold 6,804.192 shares of KLA Corporation at $695.95 per share, a transaction worth $4.74M. The trade was recorded as shares withheld for taxes and disclosed on an SEC Form 4, filed 2 days after the transaction.
Pursuant to the terms of the restricted stock unit ("RSU") grant by the registrant on March 20, 2019, shares of KLA common stock were automatically withheld to cover required tax withholding on the 13,813 shares of KLA common stock that vested. The fair market value of KLA common stock used for purposes of calculating the number of shares to be withheld was the closing price of KLA common stock as reported on March 20, 2024.; The number of shares of KLA common stock includes 21,433 shares issuable upon vesting of RSUs.