Form 4: ON Semiconductor CFO Thad Trent Sells 60,000 Shares

ON Semiconductor Corporation CFO Thad Trent executed the sale of 60,000 shares of common stock over two days in April 2026.

Summary

• Thad Trent, Executive VP & CFO of ON Semiconductor, sold a total of 60,000 shares of common stock.
• The transactions occurred on April 23, 2026, and April 24, 2026.
• 30,000 shares were sold at $93.00 per share on April 23.
• 30,000 shares were sold at $100.00 per share on April 24.
• Following these transactions, the reporting person retains beneficial ownership of 271,194 shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event; while insider selling can be perceived negatively, the use of a pre-planned 10b5-1 program suggests routine financial planning rather than a reaction to company performance.

Positives

• The transactions were executed pursuant to a pre-arranged Rule 10b5-1 trading plan, indicating the sales were scheduled in advance rather than based on immediate non-public information.

Negatives

• The sale of a significant block of shares by a high-ranking executive may be perceived by some investors as a lack of confidence in near-term stock appreciation.

Risks

• Insider selling activity can sometimes create negative sentiment among retail investors, potentially leading to short-term stock price volatility.

Future Outlook

Not applicable as this is a mandatory disclosure of insider transaction activity.

Industry Context

StockSavvy.ai notes that executive stock sales under 10b5-1 plans are standard corporate practice for liquidity and diversification, and are generally viewed as neutral events unless they represent a total divestment of holdings.

Comparison to Industry Standards

• The use of Rule 10b5-1 plans is the industry standard for executives to sell shares while avoiding potential insider trading allegations.

Stakeholder Impact

• Shareholders may observe minor price fluctuations due to the volume of shares sold.

Next Steps

• No future actions or milestones were disclosed in this filing.

Key Dates

Keywords

ON Semiconductor, ON, Insider Trading, CFO, Stock Sale, Form 4, Thad Trent