Form 4: Onto Innovation Inc. Executive Yoon Ah Oh Reports Stock Transactions

Yoon Ah Oh, VP, General Counsel & Corp Sec of Onto Innovation Inc., reports the settlement of performance stock units and shares withheld for tax obligations on February 14, 2025.

Summary

• On February 14, 2025, Yoon Ah Oh, VP, General Counsel & Corp Sec of Onto Innovation Inc., reported transactions involving common stock.
• The transactions included the settlement of 3,956 performance stock units (PSUs) at a price of $0.00, resulting in the acquisition of 3,956 shares.
• Additionally, 1,830 shares were withheld by the issuer at a price of $176.55 to satisfy tax withholding obligations related to previously received restricted stock units or performance stock unit grants.
• Another 493 shares were withheld by the issuer at a price of $176.55 to satisfy tax withholding obligations related to previously received restricted stock units or performance stock unit grants.
• Following these transactions, Yoon Ah Oh beneficially owns 15,976 shares of Onto Innovation Inc. common stock.

Sentiment

Score: 6

Explanation: The document reflects standard executive compensation transactions. The vesting of PSUs at 200% of target is a positive sign, but the document itself is neutral.

Positives

• The performance stock units vested due to the satisfaction of performance criteria at 200% of the target, indicating strong performance.

Industry Context

This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.

Stakeholder Impact

• The vesting of performance stock units aligns executive compensation with company performance, potentially benefiting shareholders.

Key Dates

Keywords

Form 4, Stock Transaction, Performance Stock Units, Tax Withholding, Beneficial Ownership, ONTO, Onto Innovation Inc., Yoon Ah Oh