Form 4: On Semiconductor Director Acquires Shares in Lieu of Cash Compensation

Director Paul Anthony Mascarenas acquired 310 shares of On Semiconductor common stock on April 4, 2025, in lieu of a portion of his quarterly cash retainer.

Summary

• On April 4, 2025, Paul Anthony Mascarenas, a director of On Semiconductor Corp, acquired 310 shares of common stock.
• The shares were acquired in lieu of a portion of his quarterly cash retainers for the first quarter of 2025.
• The price per share was $33.7.
• Following the transaction, Mascarenas beneficially owns 49,680 shares of On Semiconductor.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction related to director compensation. The director taking shares instead of cash is a slightly positive signal.

Positives

• A director's decision to take shares in lieu of cash may signal confidence in the company's future performance.

Industry Context

Directors receiving stock in lieu of cash compensation is a fairly common practice, particularly in growth-oriented companies, as it aligns their interests with those of shareholders.

Related Party Transactions

• The acquisition of shares by the director in lieu of cash compensation constitutes a related party transaction.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders.
• It may be viewed positively by shareholders as it aligns the director's interests with theirs.

Key Dates

Keywords

On Semiconductor, Director, Share Acquisition, Form 4, Insider Trading, Mascarenas, Common Stock