Form 4: ONTO Innovation CFO Sells Shares to Cover Tax Obligations

Mark Slicer, CFO of ONTO Innovation Inc., sold 2,066 shares of common stock on May 17, 2025, to cover tax withholding obligations related to vesting restricted stock units.

Summary

• Mark Slicer, the Chief Financial Officer of ONTO Innovation Inc., reported a transaction involving the company's common stock.
• On May 17, 2025, Slicer disposed of 2,066 shares at a price of $99.4 per share.
• This transaction was executed to satisfy tax withholding obligations associated with the vesting of restricted stock units or performance stock unit grants previously received.
• Following the transaction, Slicer directly owns 13,640 shares of ONTO Innovation Inc. common stock.

Sentiment

Score: 5

Explanation: The document is a standard Form 4 filing, indicating a routine transaction. It doesn't inherently convey positive or negative sentiment.

Industry Context

Executive stock transactions are a common occurrence in publicly traded companies. Form 4 filings are standard procedure to disclose these transactions to the public, ensuring transparency and compliance with SEC regulations.

Stakeholder Impact

• The transaction is unlikely to have a significant impact on stakeholders as it is a routine sale of shares to cover tax obligations.

Key Dates

Keywords

ONTO Innovation Inc., Mark Slicer, CFO, Form 4, Stock Sale, Tax Obligations, Common Stock, Restricted Stock Units, Beneficial Ownership