other_material
confidence high
sentiment neutral
materiality 0.30
Onto Innovation adopts Nonqualified Deferred Compensation Plan effective Jan 1, 2026
ONTO INNOVATION INC.
- Plan allows eligible executives to defer up to 75% of salary and 100% of bonus, PSUs, and RSUs.
- Non-employee directors may defer up to 100% of annual retainer, meeting fees, and RSUs.
- Company may make discretionary contributions that vest immediately; all participant contributions fully vested.
- Distributions available as lump sum or installments (2-10 years) upon separation, death, or disability.
- Plan effective January 1, 2026; intended to comply with IRC Section 409A.
item 5.02item 9.01