4Filed Aug 24, 8:00 PM ET
ONTO Innovation Director Susan D. Lynch Sells 1,000 Shares
$ONTO · ONTO INNOVATION INC.Research Summary
AI-generated summary of this SEC filing
ONTO Innovation Director Susan D. Lynch Sells 1,000 Shares
What Happened
- Susan D. Lynch, a director of ONTO Innovation Inc. (ONTO), sold 1,000 shares in an open-market transaction on August 21, 2026.
- The shares were sold at $302.30 each, for a total proceeds of $302,300. This was a sale (S), which is often routine insider liquidity rather than a signal of company prospects.
Key Details
- Transaction date and price: 2026-08-21 — 1,000 shares at $302.30 per share (total $302,300).
- Shares owned after transaction: Not disclosed in the Form 4 provided.
- Footnote: The sale was effected pursuant to a Rule 10b5-1 trading plan adopted by Ms. Lynch on May 22, 2026.
- Timeliness: Form 4 was filed on 2026-08-25 for a 2026-08-21 transaction; the filing appears timely under the two-business-day rule.
Context
- This was a straightforward sale under a pre-established 10b5-1 plan, which allows insiders to sell shares according to a preset schedule and is commonly used to avoid trading based on material nonpublic information. Sales do not necessarily indicate negative insider sentiment; retail investors should consider this alongside other insider activity and company fundamentals.