Form 4: ONTO COO Sells Shares for Tax Obligations

ONTO Innovation's Chief Operating Officer, Ramil Yaldaei, reported a disposition of 594 common shares on October 3, 2025, to cover tax withholding obligations.

Summary

• Ramil Yaldaei, Chief Operating Officer of ONTO Innovation Inc., reported a transaction on October 3, 2025.
• The transaction involved the disposition of 594 shares of common stock.
• These shares were withheld by the issuer to satisfy tax withholding obligations related to the vesting of previously granted restricted or performance stock units.
• The shares were disposed of at a price of $143.71 per share.
• Following this transaction, Ramil Yaldaei beneficially owns 11,342 shares of ONTO Innovation Inc. common stock.
• The reported beneficial ownership includes 145 shares purchased on June 30, 2025, through the Issuer's Employee Stock Purchase Plan.

Sentiment

Score: 5

Explanation: The filing reports a routine insider transaction for tax withholding purposes, which is a neutral event. The inclusion of ESPP purchases slightly offsets the disposition.

Positives

• Inclusion of 145 shares purchased on June 30, 2025, through the Employee Stock Purchase Plan, indicating continued investment by the COO.

Negatives

• Disposition of 594 shares, although for tax purposes, reduces the direct beneficial ownership.

Future Outlook

No forward-looking statements or guidance provided in this Form 4 filing.

Industry Context

This Form 4 filing details a routine insider transaction and does not provide information relevant to broader industry trends or competitors.

Stakeholder Impact

• Shareholders: Minimal impact as it's a routine, non-discretionary transaction for tax purposes.
• Employees: No direct impact on general employees.
• Customers: No direct impact.
• Suppliers: No direct impact.
• Creditors: No direct impact.

Key Dates

Keywords

ONTO Innovation, ONTO, Ramil Yaldaei, Form 4, insider transaction, stock disposition, tax withholding, common stock, COO, employee stock purchase plan