ONTO director granted 761 RSUs in stock award
ONTO Innovation director Su May reported receiving a grant of 761 shares of Common Stock in the form of restricted stock units.
Rhea-AI Filing Summary
ONTO Innovation director Su May reported receiving a grant of 761 shares of Common Stock in the form of restricted stock units. These RSUs vest 100% one year from the grant date and each unit converts into one share when settled. After this award, May holds 7,984 shares directly. The reporting person elected to defer settlement of these RSUs under the Onto Innovation Nonqualified Deferred Compensation Plan, so once vested the shares will be issued according to that deferral election.
Positive
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Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 761 | $0.00 | $0.00 |
Footnotes (1)
- F1. The Reporting Person was granted restricted stock units ("RSUs"), each of which represents a contingent right to receive one (1) share of ONTO Common Stock. 100% of the shares of Common Stock subject to the RSU vest one (1) year from the grant date. The Reporting Person has elected to defer settlement of these RSUs pursuant to the Onto Innovation Nonqualified Deferred Compensation Plan. Once vested, the shares will be issued in accordance with the Reporting Person's deferral election.
Key Figures
Key Terms
restricted stock units ("RSUs") financial
Nonqualified Deferred Compensation Plan financial
vest financial
FAQ
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What did ONTO director Su May report in this Form 4 filing?
When do Su May’s newly granted ONTO RSUs vest?
What is the deferral election mentioned in Su May’s ONTO RSU grant?
AI-generated analysis. How Rhea-AI works. Not financial advice.