Onto Innovation Inc
7 nominees · 3 ballot items.
Elect seven directors; approve, on a non-binding advisory basis, the compensation of the named executive officers; and ratify Ernst & Young LLP as the independent registered public accounting firm for fiscal year 2026.
Follow how the vote landed and what changed on Onto Innovation Inc’s board — director track records, governance grades, and ongoing monitoring — on the Boardroom Alpha platform.
On the ballot3
- 1
Election of Directors
ManagementBoard: FORElect the Board’s seven nominees (Stephen D. Kelley; Susan D. Lynch; David B. Miller; Michael P. Plisinski; Stephen S. Schwartz; Christopher A. Seams; May Su) to serve until the next annual meeting and until their successors are duly elected and qualified.
- 2
Advisory Vote to Approve Named Executive Officer Compensation
ManagementBoard: FORNon-binding, advisory vote to approve the compensation of the Company’s named executive officers as disclosed in the proxy statement (say-on-pay).
More detail
This advisory proposal asks stockholders to approve, on a non-binding basis, the Company’s executive compensation disclosures and overall pay program for the named executive officers as presented in the proxy statement. Management seeks this vote to obtain stockholder feedback and validate its compensation philosophy, which emphasizes pay-for-performance, competitive total compensation (base salary, annual cash incentive tied to revenue and non-GAAP operating income, and long-term equity awards), and retention of key executives. The Company’s compensation program incorporates performance-based stock units measured by total shareholder return relative to the Philadelphia Semiconductor Index and time‑based RSUs, as well as annual cash incentives with corporate and individual goals, thereby linking pay to both short‑term operational targets and multi‑year shareholder outcomes. The Board recommends a vote FOR, arguing the program aligns executives’ interests with stockholders, uses independent advisor input, and contains governance safeguards (independent Compensation Committee, clawback policy, stock ownership guidelines, prohibitions on hedging and pledging, and grant date policies). The proposal is advisory and non-binding, so while it will not change contractual arrangements directly, the Board and Compensation Committee state they will consider the outcome when setting future compensation. The Company reports prior strong stockholder support (96.4% approval in 2025) and highlights the compensation committee’s assessment that current practices are appropriate given performance and market benchmarks. Key analytical considerations for investors include the structure of metrics (revenue and non‑GAAP operating income thresholds, and TSR peer-relative PSUs), the balance of time‑based versus performance‑based equity, potential change‑in‑control and severance arrangements that could affect pay outcomes, and whether the disclosed pay outcomes align with realized company performance over relevant periods. A sophisticated evaluation should weigh the ability of the metrics to drive long‑term value, the committee’s use of discretion and peer group selection, and the alignment provided by stock ownership guidelines and clawback provisions.
- 3
Ratification of Appointment of Independent Registered Public Accounting Firm
ManagementBoard: FORRatify the Audit Committee’s appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026.
Nominees on the ballot7
Top institutional holders10
| # | Owner | % of shares | Shares | Value |
|---|---|---|---|---|
| 1 | BlackRock, Inc. | 5.9% | 2,929,070 | $601M |
| 2 | VANGUARD PORTFOLIO MANAGEMENT LLC | 5.5% | 2,743,019 | $563M |
| 3 | VANGUARD CAPITAL MANAGEMENT LLC | 4.5% | 2,222,852 | $456M |
| 4 | BlackRock, Inc. | 3.1% | 1,529,968 | $314M |
| 5 | STATE STREET CORP | 3.0% | 1,499,684 | $308M |
| 6 | Point72 Asset Management, L.P.Activist | 2.4% | 1,203,658 | $247M |
| 7 | GEODE CAPITAL MANAGEMENT, LLC | 2.1% | 1,023,354 | $210M |
| 8 | WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC | 1.9% | 964,213 | $198M |
| 9 | D. E. Shaw Co., Inc.Activist | 1.3% | 664,148 | $136M |
| 10 | FMR LLC | 1.3% | 662,460 | $136M |
Other Technology sector meetings6
Upcoming shareholder meetings at Onto Innovation Inc’s closest sector peers — compare boards, ballots, and ownership across the cohort.
Frequently asked questions
- When is the Onto Innovation Inc 2026 annual meeting?
- Onto Innovation Inc (ONTO) holds its 2026 annual shareholder meeting on Wednesday, May 20, 2026.
- What is the record date for the Onto Innovation Inc 2026 meeting?
- The record date for the Onto Innovation Inc 2026 meeting is Tuesday, March 24, 2026. Shareholders of record on or before that date are eligible to vote.
- Who are the director nominees for Onto Innovation Inc's 2026 meeting?
- The board is presenting 7 director nominees at the Onto Innovation Inc 2026 meeting, listed with their independence status and background.
- What proposals will shareholders vote on at the Onto Innovation Inc 2026 meeting?
- Shareholders will vote on 3 proposals at the Onto Innovation Inc 2026 meeting, each tagged with who proposed it and the board's recommendation.
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