{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-259842","form_type":"8-K","ticker":"KLAC","cik":"0000319201","company_name":"KLA CORP","filed_at":"2024-11-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:10.696440+00:00","generated_at":"2026-05-29T23:59:52.159163+00:00","sec_items":["5.02"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"KLA EVP & CSO Donzella to transition to part-time senior advisor effective Apr 14, 2025","bullets":["Oreste Donzella will serve as Chief Strategy Officer until April 13, 2025, then become a part-time senior advisor through August 16, 2026.","During the advisor period, he receives $125,000 annualized base salary and continued equity vesting, but no bonus or new equity grants.","Severance of $7M if terminated before Aug 5, 2025, or $3.5M if terminated on/after Aug 5, 2025 but before Aug 6, 2026.","Advisor agreement signed Nov 15, 2024; Donzella continues to be bound by proprietary information and restrictive covenant agreements."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-259842","json":"https://secwatch.observer/filing/0001193125-24-259842.json","markdown":"https://secwatch.observer/filing/0001193125-24-259842.md","text":"https://secwatch.observer/filing/0001193125-24-259842.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/319201/000119312524259842/0001193125-24-259842-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/319201/000119312524259842/d845718d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-29T23:59:52.159163+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"0d1bfdeac0","claim":"Oreste Donzella changed role as part-time senior advisor at KLA CORP.","evidence_excerpt":"On November 15, 2024, KLA Corporation (the “Company”) and Oreste Donzella, Executive Vice President and Chief Strategy Officer, agreed that Mr. Donzella will transition to the role of part-time senior advisor to the Company beginning on April 14, 2025","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/319201/000119312524259842/0001193125-24-259842-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"transition"},{"label":"Role","value":"part-time senior advisor"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}