Form 4: ON Semiconductor Director Elects Stock Compensation for Q2 2025 Retainer

ON Semiconductor Corporation's Director, Paul Anthony Mascarenas, has elected to receive 185 shares of common stock at a price of $56.6 per share in lieu of a portion of his cash retainer for the second quarter of 2025.

Summary

• Paul Anthony Mascarenas, a Director at ON Semiconductor Corporation (ON), acquired 185 shares of common stock.
• The transaction occurred on July 3, 2025, with shares valued at $56.6 each.
• These shares were issued as fully-vested common stock in lieu of a portion of his quarterly cash retainers for the second quarter of 2025, based on a previously submitted election.
• Following this transaction, Mr. Mascarenas directly beneficially owns 54,919 shares of ON Semiconductor common stock.

Sentiment

Score: 7

Explanation: The sentiment is positive as a director's election to receive stock compensation instead of cash indicates confidence in the company's future and aligns their financial interests with those of shareholders.

Positives

• A director electing to receive stock instead of cash for compensation aligns their interests more closely with those of shareholders, demonstrating confidence in the company's future performance.
• The shares issued are fully-vested, indicating immediate ownership and no future vesting conditions.

Future Outlook

NA

Industry Context

This transaction is an internal corporate governance and compensation event specific to ON Semiconductor and does not directly reflect broader industry trends or competitive dynamics, beyond the general practice of offering equity compensation to align executive and director interests with shareholders.

Comparison to Industry Standards

• The practice of compensating directors with company stock is a common corporate governance standard across various industries, including the semiconductor sector. This aligns director interests with shareholder value.
• Many companies, including peers in the technology and semiconductor space, utilize similar equity-based compensation structures for their board members to foster long-term commitment and performance.

Related Party Transactions

• The acquisition of shares by Director Paul Anthony Mascarenas in lieu of cash compensation for his services constitutes a related party transaction, as it involves a transaction between the company and a member of its board of directors.

Stakeholder Impact

• Shareholders: The transaction is generally positive for shareholders as it increases director ownership, aligning their interests with long-term shareholder value creation.
• Employees: No direct impact on employees is indicated by this specific filing.
• Customers: No direct impact on customers is indicated by this specific filing.
• Suppliers: No direct impact on suppliers is indicated by this specific filing.
• Creditors: No direct impact on creditors is indicated by this specific filing.

Key Dates

Recommendation

Keywords

ON Semiconductor, ON, Insider Transaction, Form 4, Director Compensation, Equity Compensation, Stock Award, Beneficial Ownership, Semiconductor Industry