Business Context and Reporting Period
This Form 8-K reports on the 2025 Annual Meeting of Stockholders held by Onto Innovation Inc. on May 21, 2025, in Milpitas, California. The filing details the voting results for three proposals submitted to security holders.
Key Financial Metrics
This filing is a current report regarding corporate governance and does not contain financial performance data. The text does not provide values for revenue, profit, cash flow, margins, debt, or liquidity.
Material Changes
No material financial changes are reported in this document. The filing focuses exclusively on the outcomes of the shareholder vote.
Outlook, Risks, and Management Commentary
The filing confirms the ratification of Ernst & Young LLP as the independent registered public accounting firm for the fiscal year ending January 3, 2026. No specific guidance, risk factors, or management commentary regarding future operations is included in this text.
Important Facts for Investors
- Director Elections: All seven nominees (Stephen D. Kelley, Susan D. Lynch, David B. Miller, Michael P. Plisinski, Stephen Schwartz, Christopher A. Seams, and May Su) were elected to the Board of Directors.
- Executive Compensation: The advisory vote on executive compensation was approved with approximately 96.5% of votes cast in favor (40,021,164 For vs. 1,505,709 Against).
- Auditor Ratification: Stockholders ratified Ernst & Young LLP with strong support (43,571,777 For vs. 354,246 Against).
- Voting Participation: There were 2,376,395 broker non-votes recorded for the director elections and executive compensation proposal, but zero broker non-votes for the auditor ratification.