ONTO director receives 761-share RSU stock award
ONTO Innovation Inc. director Stephen Douglas Kelley reported an acquisition of company stock through an equity award.
Rhea-AI Filing Summary
ONTO Innovation Inc. director Stephen Douglas Kelley reported an acquisition of company stock through an equity award. He received 761 shares of Common Stock at no cash cost, in the form of restricted stock units (RSUs). These RSUs each represent a contingent right to receive one share of ONTO common stock.
All 761 shares subject to the RSU grant vest in a single tranche one year from the grant date, so the award will fully vest after that one-year period. Following this grant, Kelley directly holds 6,384 shares of ONTO common stock, reflecting his updated ownership position reported in this filing.
Positive
- None.
Negative
- None.
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.
Key Figures
Key Terms
restricted stock units financial
RSUs financial
contingent right financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did ONTO (ONTO) director Stephen Douglas Kelley report?
Was the ONTO (ONTO) transaction an open-market buy or a stock award?
What are the vesting terms of Stephen Douglas Kelley’s ONTO (ONTO) RSU grant?
Does the ONTO (ONTO) Form 4 indicate any derivative or option exercises?
AI-generated analysis. How Rhea-AI works. Not financial advice.