Onto Innovation SVP Shirley Chen Disposes Shares for Tax Obligations
ONTO INNOVATION INC.
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Filing Summary
ONTO INNOVATION INC. ($ONTO) - Form 4 Filing Summary • Insider: Shirley Chen (Senior Vice President of Custo) • Transaction Date: September 2, 2026 • Transaction Type: Tax Withholding (Code F) • Shares Disposed: 1,516 @ $254.55 ($385,897.80) • Shares Held After: 14,001 • Significance: Low (Routine disposition to cover tax withholding upon equity award vesting)
Comprehensive Analysis
Executive Summary
On September 4, 2026, Onto Innovation Inc. ($ONTO) filed a Form 4 disclosing a transaction by Shirley Chen, Senior Vice President.
Transaction Details
- Date of Transaction: September 2, 2026
- Security: Common Stock
- Transaction Code: F (Shares withheld for tax liability)
- Shares Transacted: 1,516 shares
- Price Per Share: $254.55
- Total Transaction Value: $385,897.80
- Post-Transaction Beneficial Ownership: 14,001 direct shares
Filing Analysis
The transaction represents shares withheld by the issuer to satisfy tax withholding obligations triggered by the vesting of restricted stock units or performance stock units. Because this is a mandatory/routine tax withholding rather than a discretionary open-market sale, it carries low trading significance for market participants.
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