Onto Innovation (ONTO) director receives grant of 761 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MILLER DAVID BRIAN reported acquisition or exercise transactions in this Form 4 filing.
Onto Innovation Inc. director David Brian Miller received a grant of 761 restricted stock units, each representing one share of common stock at no purchase price. All RSUs vest one year from the grant date. After this award, he directly holds 12,692 shares of Onto Innovation common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MILLER DAVID BRIAN
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 761 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 12,692 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 761 shares
Grant price per share: $0.0000 per share
Post-grant holdings: 12,692 shares
+1 more
4 metrics
RSU grant size
761 shares
Restricted stock units awarded on May 20, 2026
Grant price per share
$0.0000 per share
RSUs awarded at no purchase price
Post-grant holdings
12,692 shares
Total common stock held directly after transaction
Vesting schedule
100% after one year
All RSUs vest one year from the grant date
Key Terms
restricted stock units, RSUs, contingent right, vest
4 terms
restricted stock units financial
"The Reporting Person was granted restricted stock units ("RSUs"), each of which represents a contingent right to receive one (1) share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
RSUs financial
"The Reporting Person was granted restricted stock units ("RSUs"), each of which represents a contingent right to receive one (1) share"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
contingent right financial
"each of which represents a contingent right to receive one (1) share of ONTO Common Stock"
vest financial
"100% of the shares of Common Stock subject to the RSU vest one (1) year from the grant date"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What insider transaction did ONTO director David Brian Miller report?
Director David Brian Miller reported receiving 761 restricted stock units in Onto Innovation common stock. These RSUs are a share-based compensation grant, not an open-market purchase or sale, and were awarded at no cash cost to the director.
What are the vesting terms of David Brian Miller’s new ONTO RSUs?
The 761 restricted stock units granted to David Brian Miller vest 100% one year from the grant date. Once vested, each RSU delivers one share of Onto Innovation common stock to the director.
What does the Form 4 RSU grant mean for ONTO insider compensation?
The Form 4 indicates part of David Brian Miller’s compensation comes as restricted stock units. These 761 RSUs align his interests with shareholders by tying value to future Onto Innovation stock performance after the one-year vesting period.