Form 4: ON Semiconductor Director Acquires RSUs

ON Semiconductor Director Paul Anthony Mascarenas acquired 1,986 restricted stock units on May 14, 2026, under the company's stock incentive plan.

Summary

• Paul Anthony Mascarenas, a Director at ON Semiconductor Corp, acquired 1,986 restricted stock units (RSUs) on May 14, 2026.
• These RSUs were granted under the Issuer's Amended and Restated Stock Incentive Plan.
• The award is set to vest on the day prior to the Issuer's next Annual Meeting of Stockholders.
• However, the actual issuance of shares will be deferred to a later date as per the Reporting Person's election.
• Following this transaction, Mascarenas beneficially owns 57,474 shares of common stock.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a neutral to slightly positive filing, as it represents a standard equity grant to a director, indicating ongoing commitment rather than a significant new development.

Positives

• Director acquisition of restricted stock units indicates confidence in the company's future prospects.
• The grant of RSUs aligns management's interests with those of shareholders.
• The acquisition of 1,986 RSUs by a director is a positive signal of continued engagement.

Risks

• The issuance of shares underlying the award is deferred to a later date, which could introduce uncertainty regarding the timing of beneficial ownership.
• Vesting is tied to the company's next Annual Meeting of Stockholders, the exact date of which is not specified, creating a variable timeline for full ownership.

Future Outlook

The restricted stock units granted will vest on the day prior to the Issuer's next Annual Meeting of Stockholders, with share issuance deferred to a later date based on the Reporting Person's election.

Industry Context

StockSavvy.ai notes that director acquisitions of equity, particularly RSUs, are common within the semiconductor industry as a method to retain and incentivize key leadership. This aligns with broader trends of performance-based compensation in technology firms.

Stakeholder Impact

• Shareholders: The acquisition of RSUs by a director can be seen as a positive signal of management's long-term commitment and alignment with shareholder interests.
• Employees: The RSU grant is part of the company's stock incentive plan, which generally aims to motivate and retain key personnel.
• Management: The deferred issuance of shares allows for strategic tax planning for the reporting person.

Next Steps

• Vesting of RSUs on the day prior to the Issuer's next Annual Meeting of Stockholders.
• Deferred issuance of shares to a later date as elected by the Reporting Person.

Key Dates

Keywords

ON Semiconductor, Form 4, Restricted Stock Units, RSU, Director, Insider Trading, Stock Incentive Plan, Beneficial Ownership, ON