Form 4: Onto Innovation Inc. Executive Mayson Brooks Steps Down as Officer

Mayson Brooks, Vice President & GM of IBU at Onto Innovation Inc., is no longer an officer of the company, effective December 1, 2024.

Summary

• This document is a Form 4 filing indicating a change in the officer status of Mayson Brooks at Onto Innovation Inc.
• Effective December 1, 2024, Mayson Brooks is no longer considered an 'officer' of the company as defined by Rule 16a-1.
• The filing was made on December 3, 2024, by Mark R. Slicer on behalf of D. Mayson Brooks.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing indicating a change in officer status, with no inherent positive or negative sentiment.

Industry Context

This type of filing is standard when there are changes in executive roles within a publicly traded company. It ensures transparency and compliance with SEC regulations.

Comparison to Industry Standards

• Form 4 filings are a common practice for publicly traded companies in the United States, as they are required by the SEC to report changes in beneficial ownership of securities by company insiders.
• Similar filings are made by companies such as Applied Materials, Lam Research, and KLA Corporation when their officers or directors have changes in their roles or holdings.

Management Changes

Stakeholder Impact

• This change may be of interest to shareholders as it involves a key executive, but the impact is likely to be minimal.

Key Dates

Keywords

Onto Innovation Inc., officer, Mayson Brooks, Form 4, executive change, Rule 16a-1