Form 4: On Semiconductor CFO Thad Trent Sells 38,000 Shares

On Semiconductor's CFO, Thad Trent, recently sold 38,000 shares of the company's common stock at an average price of $72.551.

Summary

• On June 11, 2024, Thad Trent, the Executive VP & CFO of On Semiconductor Corp, sold 38,000 shares of common stock.
• The sale was executed at a weighted average price of $72.551 per share.
• Following the transaction, Trent directly owns 331,829 shares of On Semiconductor.
• This number includes 75 shares acquired through the Employee Stock Purchase Plan since the last Section 16 filing.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a routine disclosure of an executive's stock sale. The sale itself doesn't inherently indicate positive or negative sentiment.

Industry Context

Executive stock sales are a common occurrence and are often scrutinized by investors for insights into a company's prospects, although they don't always indicate a negative outlook.

Stakeholder Impact

• The stock sale may have a minor impact on shareholder sentiment, depending on how it's perceived by the market.

Key Dates