Form 4: ON Semi CFO's RSU Vesting and Tax Withholding

ON Semiconductor's CFO, Thad Trent, reported the vesting of restricted stock units and subsequent share dispositions for tax obligations.

Summary

• Thad Trent, Executive VP & CFO of ON Semiconductor Corp, reported transactions involving common stock.
• On February 20, 2026, 36,175 restricted stock units (RSUs) vested, increasing his beneficial ownership.
• These RSUs were acquired at a price of $0.0000, indicating they are compensation.
• Following the RSU vesting, 4,173 shares were disposed of on February 20, 2026, at a price of $69.11 to cover tax obligations.
• An additional 10,383 shares were disposed of on February 21, 2026, also at $69.11, for tax withholding.
• After these transactions, Thad Trent's direct beneficial ownership stands at 361,079 common shares.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a neutral to slightly positive event. While shares were disposed of, it was for tax purposes related to earned compensation, which is a routine and expected part of executive remuneration.

Positives

• The vesting of 36,175 restricted stock units represents earned compensation for the Executive VP & CFO, Thad Trent.

Negatives

• A total of 14,556 shares were disposed of to cover tax liabilities associated with the RSU vesting, reducing the executive's direct shareholdings.

Future Outlook

The restricted stock units are structured to vest in three equal annual installments beginning on the first anniversary of the grant date, subject to continued employment.

Industry Context

StockSavvy.ai notes that routine insider transactions, such as RSU vesting and subsequent tax-related share dispositions, are common occurrences in the semiconductor industry as part of executive compensation packages. These events typically do not reflect changes in company fundamentals or strategic direction.

Stakeholder Impact

• Shareholders: The transactions represent routine executive compensation and tax management, with minimal direct impact on the company's operational or strategic outlook.
• Employees: The vesting of RSUs is a standard component of executive compensation, aligning executive interests with long-term company performance.

Next Steps

• Future installments of the restricted stock units are expected to vest annually, subject to the reporting person's continued employment.

Key Dates

Recommendation

This Form 4 details routine insider transactions related to executive compensation (RSU vesting and tax withholding). It does not provide new information regarding the company's financial performance, strategic direction, or operational health that would warrant a change in investment recommendation. Therefore, a 'hold' recommendation is appropriate as this filing alone does not present a catalyst for significant price movement.

Keywords

ON Semiconductor, ON, Thad Trent, CFO, Restricted Stock Units, RSU, Insider Transaction, Form 4, Executive Compensation, Share Vesting, Tax Withholding