Onto Innovation CFO has 3,239 shares withheld
ONTO Innovation’s CFO had shares withheld to cover taxes on vested equity awards, with no open-market sale reported.
Rhea-AI Filing Summary
ONTO INNOVATION INC. (ONTO) reported that Chief Financial Officer Brian K. Roberts had 3,239 shares of common stock withheld on September 2, 2026 to satisfy tax withholding obligations arising from the vesting of previously granted restricted stock units or performance stock units. These shares were not sold in the open market; rather, they were retained by the company for tax payment, leaving Roberts with 21,032 common shares held directly afterward. No Rule 10b5-1 trading plan is reported for this transaction.
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Insights
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Insider Trade Summary
Tax Withholding: 3,239 shares
Tax Withholding
1 txn
Insider
ROBERTS BRIAN K
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 3,239 | $254.55 | $824K |
Holdings After Transaction:
Common Stock — 21,032 shares (Direct)
Footnotes (1)
- F1. Represents shares withheld by Issuer to satisfy tax withholding obligations in connection with the vesting of restricted stock unit or performance stock unit grants previously received by the Reporting Person.
Key Figures
Shares withheld for taxes: 3,239 shares
Reference price per share: $254.55 per share
Shares held after transaction: 21,032 shares
3 metrics
Shares withheld for taxes
3,239 shares
Common stock withheld on September 2, 2026 for tax withholding obligations
Reference price per share
$254.55 per share
Price applied to the 3,239 ONTO common shares withheld
Shares held after transaction
21,032 shares
ONTO common stock directly owned by CFO after September 2, 2026 transaction
Key Terms
restricted stock unit, performance stock unit, tax withholding obligations
3 terms
restricted stock unit financial
"in connection with the vesting of restricted stock unit or performance"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
performance stock unit financial
"vesting of restricted stock unit or performance stock unit grants previously"
A performance stock unit is a type of reward companies give to employees, usually managers, that depends on how well the company performs over time. If the company hits specific goals, the employee earns shares of stock, like earning a prize for reaching certain levels in a game. It motivates employees to work hard because their rewards are tied to the company's success.
tax withholding obligations financial
"shares withheld by Issuer to satisfy tax withholding obligations in connection"
FAQ
What insider transaction did ONTO Innovation (ONTO) disclose for its CFO?
ONTO Innovation disclosed that its CFO, Brian K. Roberts, had 3,239 common shares withheld on September 2, 2026 to cover tax withholding obligations from vested equity awards, rather than selling those shares in the open market.
Was the ONTO (ONTO) CFO’s September 2, 2026 transaction an open-market sale?
No. The filing states the 3,239 shares represent stock withheld by ONTO Innovation to satisfy tax withholding obligations from the vesting of restricted stock unit or performance stock unit grants, not an open-market sale.
Was the ONTO (ONTO) CFO’s tax-withholding transaction under a Rule 10b5-1 plan?
No. The filing’s Rule 10b5-1 checkbox is not marked as affirming a plan, and no footnote indicates that the September 2, 2026 withholding transaction was made under a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.