Form 4: Director Gregory L. Waters Acquires ON Semiconductor Stock
Statement of Changes in Beneficial Ownership
Director Gregory L. Waters acquired 1,986 shares of ON Semiconductor Corp. common stock through a restricted stock grant.
Summary
- Gregory L. Waters, a Director at ON Semiconductor Corp. (ON), acquired 1,986 shares of common stock on May 14, 2026.
- The acquisition was made through a restricted stock grant under the Issuer's Amended and Restated Stock Incentive Plan.
- The granted stock is set to vest on the day prior to the Issuer's next Annual Meeting of Stockholders.
- Following this transaction, Mr. Waters beneficially owns 24,524 shares of common stock, with 17,000 shares held indirectly through the Waters Family Trust.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, as it represents a standard stock grant to a director rather than an open market purchase or sale, which might carry stronger sentiment implications.
Positives
- Director acquisition of company stock can signal confidence in the company's future prospects.
- Restricted stock grants are a common form of executive and director compensation, aligning incentives with long-term company performance.
Future Outlook
The restricted stock granted to Gregory L. Waters will vest on the day prior to the Issuer's next Annual Meeting of Stockholders, indicating a forward-looking incentive tied to company performance and governance events.
Industry Context
StockSavvy.ai notes that insider transactions, particularly stock grants to directors, are routine disclosures. The acquisition of restricted stock by a director at ON Semiconductor Corp. is a standard compensation practice within the semiconductor industry, aimed at retaining talent and aligning executive interests with shareholder value.
Stakeholder Impact
- Shareholders: The transaction is a routine stock grant to a director and is unlikely to have a significant immediate impact on share price. It may be viewed positively as a sign of director commitment.
- Employees: The stock incentive plan under which this grant was made is typical for executive and director compensation, reflecting standard corporate governance practices.
- Management: The grant aligns the director's interests with the company's long-term performance and shareholder value.
Next Steps
- The restricted stock granted will vest on the day prior to ON Semiconductor Corp.'s next Annual Meeting of Stockholders.
Key Dates
| Date | Description |
|---|---|
| 05/14/2026 | Transaction Date for restricted stock grant and acquisition of common stock. |
| 08/15/2025 | Effective date of the Power of Attorney granted by Gregory L. Waters. |
| 05/18/2026 | Date of signature for the Form 4 filing. |
Keywords
ON Semiconductor, Form 4, SEC Filing, Insider Transaction, Stock Grant, Director Compensation, Beneficial Ownership
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