Kla SVP Kirloskar sells $308,594 in shares

Published 12/08/2025, 21:22
Kla SVP Kirloskar sells $308,594 in shares

Virendra A. Kirloskar, SVP & Chief Accounting Officer at KLA Corp (NASDAQ:KLAC), sold 338 shares of common stock on August 8, 2025, at a price of $913 per share. The total value of the sale amounted to $308,594.

Following the transaction, Kirloskar directly owns 2254.491 shares of KLA Corp, which includes 1,951.639 shares issuable upon the vesting of restricted stock units.

The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on February 20, 2025.

In other recent news, KLA Corporation reported its fourth-quarter earnings for 2025, exceeding analysts’ expectations. The company achieved a non-GAAP diluted EPS of $9.38, surpassing the forecast of $8.54. Revenue also outperformed projections, reaching $3.18 billion compared to the anticipated $3.08 billion. Additionally, KLA announced a quarterly cash dividend of $1.90 per share on its common stock. This dividend will be payable on September 3, 2025, to shareholders recorded as of August 18, 2025. These developments reflect KLA’s ongoing financial performance and shareholder returns. The company’s board of directors continues to focus on delivering value to its investors. Despite these positive financial results, recent trading showed a decline in KLA’s stock price.

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