ONTO Innovation (ONTO) EVP reports 3,183 shares withheld for taxes on equity vesting
Rhea-AI Filing Summary
ONTO Innovation Inc. executive files Form 4 for tax withholding transaction
An executive officer of ONTO Innovation Inc. (ONTO), serving as EVP, Product Solutions Group, reported a stock transaction dated 12/02/2025. The filing shows that 3,183 shares of common stock were disposed of at a price of $154.01 per share in a transaction coded "F," which indicates shares withheld by the company to cover tax obligations on previously granted restricted stock units or performance stock units that vested. Following this withholding event, the executive beneficially owned 23,915 shares of ONTO common stock. This total includes 145 shares purchased on June 30, 2025 under the company’s Employee Stock Purchase Plan.
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FAQ
What insider transaction did ONTO Innovation Inc. (ONTO) report on this Form 4?
The Form 4 reports that an ONTO Innovation Inc. executive disposed of 3,183 shares of common stock on 12/02/2025 in a transaction coded "F," which reflects shares withheld by the company to satisfy tax withholding obligations on vested equity awards.
Who is the reporting person in this ONTO Innovation (ONTO) Form 4 and what is their role?
The reporting person is an officer of ONTO Innovation Inc., serving as EVP, Product Solutions Group, and the filing is made by one reporting person.
How many ONTO Innovation (ONTO) shares does the executive own after the reported transaction?
After the reported tax withholding transaction, the executive beneficially owns 23,915 shares of ONTO Innovation Inc. common stock.
What does transaction code "F" mean in this ONTO Innovation (ONTO) Form 4?
Transaction code "F" indicates that the 3,183 shares were withheld by ONTO Innovation Inc. to satisfy tax withholding obligations arising from the vesting of restricted stock unit or performance stock unit grants previously awarded to the executive.
Does the ONTO Innovation (ONTO) Form 4 mention shares from an Employee Stock Purchase Plan?
Yes. The filing notes that the executive’s holdings include 145 shares that were purchased on June 30, 2025 under ONTO Innovation Inc.’s Employee Stock Purchase Plan.
Is this ONTO Innovation (ONTO) Form 4 filed for a single reporting person or a group?
The Form 4 is indicated as filed by one reporting person, not by more than one reporting person or a group.