Boardroom Alpha
Meeting calendar
KLAC · Annual meeting · Wednesday, November 4, 2026

Kla Corp

9 nominees · 4 ballot items.

KLA stockholders will vote on the election of nine directors, ratification of PricewaterhouseCoopers LLP as independent auditor, advisory approval of named executive officer compensation, and any other business properly brought before the meeting.

Market cap
$180.4B
1Y TSR
+39.4%
Board grade
B+
Record date
Sep 9, 2026
Filing
DEF 14A
Meeting concluded · Nov 4, 2026

Follow how the vote landed and what changed on Kla Corp’s board — director track records, governance grades, and ongoing monitoring — on the Boardroom Alpha platform.

Proposals

On the ballot4

  1. 1

    Election of Nine Directors

    ManagementBoard: FOR

    Elect Robert Calderoni, Tracy Embree, Jeneanne Hanley, Kevin Kennedy, Michael McMullen, Victor Peng, Jamie Samath, Susan Taylor, and Richard Wallace to one-year terms until the 2027 annual meeting.

  2. 2

    Ratification of Appointment of PricewaterhouseCoopers LLP

    ManagementBoard: FOR

    Ratify the Audit Committee’s appointment of PricewaterhouseCoopers LLP as KLA’s independent registered public accounting firm for the fiscal year ending June 30, 2027.

  3. 3

    Advisory Approval of Named Executive Officer Compensation

    ManagementBoard: FOR

    Approve, on a non-binding advisory basis, the compensation of KLA’s named executive officers as disclosed in the proxy statement under SEC compensation disclosure rules.

    More detail

    Proposal Three asks stockholders to approve, on a non-binding advisory basis, the overall compensation of KLA’s named executive officers as disclosed under Item 402 of Regulation S-K. The resolution expressly covers the Compensation Discussion and Analysis, Summary Compensation Table, and related compensation disclosures in the 2026 proxy statement. KLA is seeking approval because Section 14A of the Exchange Act requires a recurring advisory say-on-pay vote on executive compensation. Management frames the program around pay-for-performance, with substantial compensation tied to annual cash incentives, performance-based restricted stock units, stock price, and long-term operating results. Fiscal year 2026 compensation decisions were informed by peer-company market data, individual performance assessments, and advice from independent consultant Semler Brossy. The company highlights strong fiscal-year results, including revenue of $13.58 billion, net income of $4.83 billion, and substantial capital returned to stockholders. KLA also notes that approximately 92.4% of votes cast at the 2025 annual meeting supported its prior say-on-pay proposal. The compensation program includes performance metrics such as operating margin dollars, balanced-scorecard results, relative free cash flow margin, and non-GAAP EPS, together with stock ownership requirements, clawbacks, and anti-hedging and anti-pledging policies. The Board unanimously recommends a vote FOR, while emphasizing that the advisory result is not binding but will be considered by the Board and Compensation and Talent Committee.

  4. 4

    Other Business Properly Presented at the Annual Meeting

    Management

    Transact any other business that may properly come before the Annual Meeting or any adjournment or postponement.

    More detail

    This item is a customary catch-all authorization for business that may properly come before the annual meeting or any adjournment or postponement. It does not identify a substantive matter for stockholders to decide at the time the proxy statement is issued. KLA states that it is not aware of any additional matters beyond the three principal proposals described in the proxy statement. The item preserves flexibility if a procedurally valid matter is later presented. The proxy holders are authorized to use their judgment in voting on such matters. The filing does not characterize this item as a shareholder proposal, and no shareholder proponent is identified. No specific management recommendation of FOR or AGAINST is given for unknown future matters. The item is therefore procedural rather than a defined governance, audit, or compensation proposal. Its practical effect is to permit proxy voting discretion while remaining subject to applicable meeting and proxy rules.

Director elections

Nominees on the ballot9

Independent
Tenure on this board
19.7 yrs
Also a director at
Hewlett Packard Enterprise Co (HPE)
Independent
Tenure on this board
1.0 yrs
Also a director at
Lennox International Inc (LII)Kirby Corp (KEX)
Independent
Tenure on this board
7.4 yrs
Also a director at
Quantumscape Corp (QS)
Independent
Tenure on this board
19.5 yrs
Also a director at
Digital Realty Trust Inc (DLR)Ul Solutions Inc (ULS)
Independent
Tenure on this board
3.3 yrs
Also a director at
Bristol Myers Squibb Co (BMY)
Independent
Tenure on this board
7.8 yrs
Also a director at
Microchip Technology Inc (MCHP)Rambus Inc (RMBS)
Independent
Tenure on this board
1.5 yrs
Also a director at
Everpure Inc (P)Pattern Group Inc (PTRN)
Not independent
Tenure on this board
19.9 yrs
Also a director at
Marvell Technology Inc (MRVL)
Ownership

Top institutional holders10

Latest 13F quarter
1UHLMANN PRICE SECURITIES, LLC0.6%7,856,599$1.5B
2Assenagon Asset Management S.A.0.4%5,614,990$1.1B
3Swedbank AB0.4%5,243,543$1.0B
4Pictet Asset Management Holding SA0.4%5,113,870$997M
5PARNASSUS INVESTMENTS, LLC0.3%3,522,142$687M
6Sumitomo Mitsui Trust Group, Inc.0.2%3,075,468$600M
7Robeco Institutional Asset Management B.V.0.2%2,519,524$491M
8PineStone Asset Management Inc.0.2%2,418,400$471M
9Mirae Asset Global Investments Co., Ltd.0.1%1,935,747$377M
10Bank Julius Baer & Co. Ltd, Zurich0.1%1,780,926$348M
Filings

Kla Corp proxy statements and SEC reports

Annual & quarterly reports (10-K, 10-Q)
Proxy statements (DEF 14A)
Reference

Frequently asked questions

When is the Kla Corp 2026 annual meeting?
Kla Corp (KLAC) holds its 2026 annual shareholder meeting on Wednesday, November 4, 2026.
What is the record date for the Kla Corp 2026 meeting?
The record date for the Kla Corp 2026 meeting is Wednesday, September 9, 2026. Shareholders of record on or before that date are eligible to vote.
Who are the director nominees for Kla Corp's 2026 meeting?
The board is presenting 9 director nominees at the Kla Corp 2026 meeting, listed with their independence status and background.
What proposals will shareholders vote on at the Kla Corp 2026 meeting?
Shareholders will vote on 4 proposals at the Kla Corp 2026 meeting, each tagged with who proposed it and the board's recommendation.
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