Onto Innovation Launches New Nonqualified Deferred Compensation Plan for Executives and Directors
Onto Innovation Inc. has adopted a new Nonqualified Deferred Compensation Plan, effective January 1, 2026. Under the plan, eligible employees can defer up to 75% of their annual base salary and up to 100% of their annual bonus, performance share units, and restricted stock units. Non-employee directors can defer up to 100% of their annual retainer, meeting fees, and restricted stock units. Participant contributions are fully vested, and the company may also make immediately vested contributions at its discretion. Participants can choose from designated investment options, and distributions can be taken as a lump sum or in installments over periods ranging from two to ten years, depending on the type of contribution and the participant's election.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Onto Innovation Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-291346), on November 21, 2025, and is solely responsible for the information contained therein.
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