Onto CFO has 3,239 shares withheld for taxes
ONTO Innovation’s CFO had shares withheld to cover taxes on vesting equity awards, leaving him with over twenty thousand directly held shares.
Rhea-AI Filing Summary
ONTO INNOVATION INC. reported that its 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 vesting of previously granted restricted stock units or performance stock units. After this tax-withholding disposition, he directly holds 21,032 shares of ONTO common stock.
Positive
- None.
Negative
- None.
Insights
Analyzing...
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 tax obligations: 3,239 shares
Price per share for tax-withholding disposition: $254.55 per share
Shares held after transaction: 21,032 shares
+1 more
4 metrics
Shares withheld for tax obligations
3,239 shares
Common stock withheld on September 2, 2026 for tax withholding obligations
Price per share for tax-withholding disposition
$254.55 per share
Valuation used for the 3,239 shares withheld on September 2, 2026
Shares held after transaction
21,032 shares
Direct ONTO common stock holdings of CFO after the September 2, 2026 transaction
Number of reported transactions
1 transaction
One non-derivative tax-withholding disposition reported in this Form 4
Key Terms
restricted stock unit, performance stock unit, tax withholding obligations, Rule 10b5-1 trading plan
4 terms
restricted stock unit financial
"in connection with the vesting of restricted stock unit or performance stock unit grants"
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
"in connection with the vesting of restricted stock unit or performance stock unit grants"
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"
Rule 10b5-1 trading plan regulatory
"No Rule 10b5-1 trading plan is reported for this transaction"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
FAQ
What insider transaction did ONTO CFO Brian K. Roberts report on this Form 4 for ONTO?
He reported that 3,239 shares of ONTO common stock were withheld on September 2, 2026 to satisfy tax withholding obligations related to vesting restricted or performance stock units.
Did the ONTO CFO’s Form 4 transaction involve a Rule 10b5-1 trading plan?
No. The filing indicates no Rule 10b5-1 trading plan for this transaction; the transaction reflects shares withheld to cover tax obligations on vesting awards.
AI-generated analysis. How Rhea-AI works. Not financial advice.