---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-095287"
form_type: "8-K/A"
ticker: "ONTO"
cik: "0000704532"
company_name: "ONTO INNOVATION INC."
filed_at: "2025-07-11T23:59:59+00:00"
generated_at: "2026-05-18T07:02:19.544064+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Onto Innovation discloses former CFO Mark Slicer's separation terms: $477k severance, equity acceleration

## Summary
- Separation agreement with former CFO Mark Slicer provides 1x base salary ($477,405) paid over 12 months.
- Pro-rata bonus for 2025 at 70% target of base salary, prorated for days employed, payable by March 2026.
- RSUs and time-based PSUs vesting within 12 months after separation accelerated; performance PSUs vest by March 15, 2026.
- Equity awards vesting after March 15, 2026 are forfeited; COBRA lump sum of $39,190.65.
- Non-compete for 12 months (24 if fiduciary breach) and 24-month non-solicit included.

## SEC filing metadata
- accession: 0000950170-25-095287
- form_type: 8-K/A
- ticker: ONTO
- cik: 0000704532
- company_name: ONTO INNOVATION INC.
- filed_at: 2025-07-11T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/704532/000095017025095287/0000950170-25-095287-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/704532/000095017025095287/onto-20250612.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-095287
- JSON: https://secwatch.observer/filing/0000950170-25-095287.json
- Plain text: https://secwatch.observer/filing/0000950170-25-095287.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.