Form 4: ON Semiconductor Director Acquires Restricted Stock
Insider Transaction Report
ON Semiconductor director Bruce E. Kiddoo acquired 1,986 shares of restricted stock under the company's incentive plan.
Summary
- Bruce E. Kiddoo, a Director at ON Semiconductor Corp, acquired 1,986 shares of restricted stock on May 14, 2026.
- This acquisition was made under the Issuer's Amended and Restated Stock Incentive Plan.
- The restricted stock is valued at $0.0000, indicating it was granted as part of a compensation package.
- Following this transaction, Mr. Kiddoo beneficially owns 19,216 shares of common stock directly.
- The restricted stock is set to vest on the day prior to the Issuer's next Annual Meeting of Stockholders.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, as it represents a standard stock grant to a director rather than a discretionary purchase or sale.
Positives
- Director acquisition of stock can signal confidence in the company's future prospects.
- Grant of restricted stock indicates a commitment to aligning executive and director interests with shareholders.
Future Outlook
The restricted stock granted will vest on the day prior to the Issuer's next Annual Meeting of Stockholders, indicating a future event tied to company performance or governance.
Industry Context
StockSavvy.ai notes that insider stock grants, particularly to directors, are common within the semiconductor industry as a method for executive compensation and to foster long-term commitment.
Stakeholder Impact
- Shareholders: The acquisition of restricted stock by a director can be viewed positively as it aligns director interests with those of shareholders.
- Employees: The stock incentive plan highlights the company's approach to compensation and employee/director motivation.
Next Steps
- Vesting of restricted stock on the day prior to the Issuer's next Annual Meeting of Stockholders.
Key Dates
| Date | Description |
|---|---|
| 05/14/2026 | Date of earliest transaction and grant of restricted stock. |
| 05/18/2026 | Date of filing signature. |
Keywords
ON Semiconductor, Form 4, Insider Trading, Restricted Stock, Stock Incentive Plan, Director, Beneficial Ownership
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