Form 4: ONTO Innovation SVP, Gen Counsel & Corp Sec Yoon Ah Oh Reports Stock Disposal for Tax Obligations

Yoon Ah Oh, SVP, Gen Counsel & Corp Sec of ONTO Innovation Inc., disposed of 603 shares of common stock on May 15, 2025, to cover tax withholding obligations related to vesting restricted stock units.

Summary

• On May 15, 2025, Yoon Ah Oh, the SVP, Gen Counsel & Corp Sec of ONTO Innovation Inc., disposed of 603 shares of common stock.
• The transaction was executed to satisfy tax withholding obligations associated with the vesting of restricted stock units or performance stock unit grants.
• The shares were disposed of at a price of $98.04 per share.
• Following the transaction, Yoon Ah Oh directly owns 18,010 shares of ONTO Innovation Inc. common stock.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to tax obligations, which is neither particularly positive nor negative. It's a neutral event in the context of insider trading and compensation.

Industry Context

This is a routine Form 4 filing, which is common for corporate insiders who have stock-based compensation. It reflects standard practice for covering tax obligations upon vesting of equity awards.

Comparison to Industry Standards

• Form 4 filings are standard practice across publicly traded companies, including competitors like Applied Materials (AMAT), Lam Research (LRCX), and ASML Holding (ASML).
• These companies' executives also routinely file Form 4s to report transactions related to stock options, restricted stock units, and other equity-based compensation.
• The disposal of shares to cover tax obligations is a common practice among executives in these companies as well.

Key Dates

Keywords

ONTO Innovation Inc., Yoon Ah Oh, Form 4, Stock Disposal, Tax Withholding, Insider Trading, Beneficial Ownership, ONTO