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KLAC KLA CORP Insider Trading

Latest: President and CEO Sold $8.1M of Shares · May 2026
2 filings analyzed · Latest 2026-05-12
Insider buys
0
Insider sells
2
Unique insiders
2
Direction
Net selling
May 2026
2026-05-12
medium
Richard P Wallace Sell
President and CEO
4,512 shares
$8,094,528
@ $1,794.00
Significance 5/10

CEO Richard P Wallace sells 4,512 shares for $8.1M, continuing a 15-trade pattern of open-market dispositions with mixed prior timing.

Richard P Wallace, KLA's President and CEO, disposed of over $8 million in company stock—a sale that continues a disciplined but uneven pattern of share dispositions spanning the past year and a half. His prior five exits at this ticker showed mixed results: four saw the stock rise afterward (poor timing on those exits), while one sale coincided with a subsequent stock decline (well-timed). The current sale occurs with the stock trading modestly below its 52-week high and up sharply over the past three months, a period when the company has demonstrated solid financial health with growing revenue and consistent profitability. As President and CEO, Wallace maintains operating knowledge of the business, yet his repeated sales—now 15 open-market dispositions in the 36-month filing window—suggest a consistent pattern of capital redeployment rather than a sudden loss of confidence in fundamentals. The mixed historical accuracy of his prior exits (roughly one well-timed sale for every four that preceded stock gains) means this sale cannot be interpreted as a strong signal of near-term weakness, though it warrants monitoring as part of his ongoing exit activity.

2026-05-12
medium
Hanley Jeneanne Michelle Sell
550 shares
$1,031,088
@ $1,874.71
Significance 4/10

Director Hanley sells roughly 13% of KLA holdings in single transaction; modest disposition of profitable chipmaker stock near 52-week highs.

Hanley Jeneanne Michelle, a director at KLA, sold shares representing about 13% of her holdings in a single transaction. The stock is trading modestly below its 52-week high and has gained substantially over the last three months, suggesting the sale occurred into strength rather than weakness. KLA is a highly profitable company with strong revenue growth, trading at a premium valuation. Hanley's filing history shows she has been a net seller over the past three years—this is her third open-market sale in the 36-month window—with no offsetting open-market purchases during that period. The sale itself is routine portfolio management and does not necessarily signal concern; directors divest shares for many reasons, including diversification, tax planning, or personal financial needs. Without additional context about her remaining stake or prior cost basis, the transaction reads as a liquidity event rather than a red flag.

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