Richard P. Wallace, President and CEO of KLA Corp (KLAC), sold 72,019 shares of the company's stock on September 15, 2026. The transaction, valued at approximately $12.38 million, occurred at an average price of $171.88 per share.
This sale follows a pattern of recent insider selling activity within KLA Corp. Notably, Brian Lorig sold 59,586 shares on August 13, 2026, for roughly $12.40 million, and Wallace himself had previously sold 87,568 shares on August 11, 2026, totaling over $17.42 million.
Insider sales can be driven by various factors, including portfolio diversification, tax obligations, or pre-arranged trading plans, and do not necessarily indicate a negative outlook on the company's future performance.