Onto Innovation Inc. 8-K Summary
Business Context and Reporting Period
This Form 8-K reports on the results of the 2026 Annual Meeting of Stockholders held on May 20, 2026, at the company's corporate offices in Wilmington, Massachusetts. The filing details the voting outcomes for three specific proposals submitted to security holders.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance voting results and does not contain financial performance data.
Material Changes and Voting Results
The following proposals were voted upon by stockholders:
- Proposal 1 (Election of Directors): All seven nominees were elected. Notable voting statistics include:
- Stephen D. Kelley: 41,519,539 For; 447,694 Against.
- David B. Miller: 38,775,556 For; 3,185,107 Against (highest "Against" vote count).
- Christopher A. Seams: 40,522,014 For; 1,479,450 Against.
- May Su: 41,056,051 For; 904,119 Against.
- Proposal 2 (Say-on-Pay): Stockholders approved the advisory compensation for named executive officers.
- For: 40,624,022
- Against: 1,196,481
- Abstain: 201,194
- Proposal 3 (Ratification of Auditors): Stockholders ratified Ernst & Young LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2026.
- For: 44,378,549
- Against: 178,157
- Abstain: 147,375
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary, risks, contingencies, or unusual items. The document is limited to the procedural reporting of the annual meeting vote counts.
Key Facts for Investor Verification
- Verify the total number of shares outstanding to calculate the percentage of "Against" votes for directors, particularly for David B. Miller and Christopher A. Seams.
- Confirm the specific compensation details referenced in the proxy statement for the 2025 Annual Meeting to understand the context of the Say-on-Pay approval.
- Note that 2,682,384 broker non-votes were recorded for the director elections and the Say-on-Pay proposal, but zero for the auditor ratification.