Form 4: Onto Innovation Inc. CFO Mark Slicer No Longer Designated as Section 16 Officer
Officer Status Change
Mark Slicer, Chief Financial Officer of Onto Innovation Inc., is no longer considered an 'officer' for Section 16 reporting purposes, effective June 12, 2025, as disclosed in a recent SEC Form 4 filing.
Summary
- Mark Slicer, the Chief Financial Officer of Onto Innovation Inc. (ONTO), is no longer subject to Section 16 reporting obligations as an 'officer' of the company.
- This change in status became effective on June 12, 2025.
- The filing is an 'exit Form 4' solely to report this change in the reporting person's officer status within the meaning of Rule 16a-1.
Sentiment
Score: 5
Explanation: The document is a factual report of a change in officer status for SEC reporting purposes, providing no explicit positive or negative financial or operational information. Its sentiment is neutral.
Future Outlook
NA
Industry Context
This document reports a change in the Section 16 officer status of a key executive at Onto Innovation Inc., a company operating in the semiconductor equipment industry. Such changes are common in corporate lifecycles but can sometimes signal broader strategic or operational shifts within the company, though this filing provides no further context.
Management Changes
| Role | Previous Person | New Person | Effective Date | Reason |
|---|---|---|---|---|
| Chief Financial Officer | Mark Slicer | NA | 06/12/2025 | No longer considered an 'officer' of Onto Innovation Inc. within the meaning of Rule 16a-1, indicating a change in his reporting status for Section 16 purposes. |
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Officer Reporting Status | Mark Slicer, previously the Chief Financial Officer, is no longer designated as an 'officer' for the purposes of Section 16 of the Securities Exchange Act of 1934, effective June 12, 2025. This impacts his obligations for reporting beneficial ownership changes. | 06/12/2025 | This change means Mark Slicer will no longer be required to file Forms 3, 4, and 5 for transactions in Onto Innovation Inc. securities under Section 16, reflecting a shift in his corporate governance reporting responsibilities. |
Key Dates
| Date | Description |
|---|---|
| 06/06/2023 | Date of Power of Attorney execution by Mark R. Slicer. |
| 06/12/2025 | Effective date when Mark Slicer is no longer considered an 'officer' of Onto Innovation Inc. within the meaning of Rule 16a-1. |
| 06/13/2025 | Date the Form 4 was filed with the SEC. |
Keywords
Onto Innovation Inc., ONTO, SEC Form 4, Chief Financial Officer, CFO, management change, officer status, executive departure
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