Onto Innovation COO equity vests, shares withheld for taxes
Onto Innovation Inc. Chief Operating Officer Ramil Yaldaei reported equity award activity tied to performance and tax withholding.
Rhea-AI Filing Summary
Onto Innovation Inc. Chief Operating Officer Ramil Yaldaei reported equity award activity tied to performance and tax withholding. On March 1, 2026, performance stock units granted on March 1, 2024 settled in common shares after performance criteria were met at 77% of target. Some of the resulting shares were automatically withheld by the company at a price of $215.89 per share to cover tax obligations, rather than being sold on the open market. After these settlement and withholding transactions, Yaldaei directly owned 11,368 shares of Onto Innovation common stock.
Positive
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Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Stock Unit | 844 | $0.00 | $0.00 |
| Exercise | Common Stock | 649 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 347 | $215.89 | $75K |
| Exercise Price or Tax Liability | Common Stock | 276 | $215.89 | $60K |
Footnotes (2)
- F1. This transaction represents the settlement of performance stock units ("PSUs") granted on March 1, 2024 in shares of common stock of Onto Innovation Inc. on their scheduled vesting date of March 1, 2026 as a result of the satisfaction of the performance criteria at 77% of the target.
- F2. 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.
FAQ
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What insider transactions did Onto Innovation (ONTO) report for COO Ramil Yaldaei?
What are the key details of the performance stock units in Onto Innovation (ONTO) Form 4?
How were taxes handled on the Onto Innovation (ONTO) COO’s vested equity awards?
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