Form 4: On Semiconductor Director Bruce Kiddoo Reports Donation of 800 Shares
SEC Form 4 Filing
Director Bruce Kiddoo reported a donation of 800 shares of On Semiconductor common stock.
Summary
- On June 13, 2024, Bruce E Kiddoo, a director of ON Semiconductor Corp, reported a transaction.
- The transaction involved the donation of 800 shares of common stock to a non-profit organization.
- Following the transaction, Kiddoo beneficially owns 15,746 shares of ON Semiconductor Corp.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing regarding a donation of shares. It doesn't inherently convey positive or negative sentiment about the company's performance.
Industry Context
Form 4 filings are standard disclosures required by the SEC for insiders, like directors, reporting changes in their beneficial ownership of company stock. This is a routine transaction and doesn't necessarily indicate a change in the company's financial health or prospects.
Stakeholder Impact
- The donation of shares by a director could be viewed positively by stakeholders as a philanthropic gesture.
Key Dates
| Date | Description |
|---|---|
| 06/13/2024 | Date of transaction: Donation of shares |
| 06/14/2024 | Date of signature on the report |
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