Form 4: On Semiconductor Director Bruce Kiddoo Reports Acquisition of 5,054 Shares of Common Stock

Director Bruce Kiddoo reports acquisition of 5,054 shares of On Semiconductor common stock on May 15, 2025, as part of a restricted stock grant.

Summary

• On May 16, 2025, Bruce Kiddoo, a director of ON Semiconductor Corp, filed a Form 4 with the SEC.
• The form reports a transaction that occurred on May 15, 2025, where Mr. Kiddoo acquired 5,054 shares of common stock.
• These shares were acquired through a restricted stock grant under the Issuer's Amended and Restated Stock Incentive Plan.
• The price per share was $0.0000.
• Following the transaction, Mr. Kiddoo directly owns 20,800 shares of ON Semiconductor Corp.
• The restricted stock will vest on the day prior to the Issuer's next Annual Meeting of Stockholders.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The acquisition of shares by a director is generally seen as a sign of confidence in the company's prospects, but it's a routine transaction.

Positives

• The acquisition of shares by a director can be seen as a positive signal, indicating confidence in the company's future prospects.

Future Outlook

The restricted stock will vest on the day prior to the Issuer's next Annual Meeting of Stockholders.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a director's increased stake in the company, which is generally viewed positively by investors.

Stakeholder Impact

• The increased ownership by a director could positively influence shareholder confidence.

Next Steps

• The restricted stock will vest on the day prior to the Issuer's next Annual Meeting of Stockholders.

Key Dates

Keywords

Form 4, ON Semiconductor, Director, Bruce Kiddoo, Stock Acquisition, Restricted Stock, Beneficial Ownership