Form 4: ON Semiconductor Director Gifts Shares
Insider Transaction Report
ON Semiconductor Director Bruce E. Kiddoo reported gifting 3,570 shares of common stock, reducing his direct beneficial ownership to 17,230 shares.
Summary
- Bruce E. Kiddoo, a Director at ON Semiconductor Corp, disposed of 3,570 shares of common stock.
- The transaction occurred on February 12, 2026, and was classified as a gift (transaction code 'G').
- The shares were disposed of at a price of $0.0000 per share.
- Following this transaction, Mr. Kiddoo directly beneficially owns 17,230 shares of ON Semiconductor common stock.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, as the disposition of shares by gift is typically for personal estate planning and does not inherently reflect on the company's operational performance or future prospects.
Future Outlook
No forward-looking statements or guidance are provided in this filing.
Industry Context
StockSavvy.ai notes that insider transactions, while not always indicative of company performance, are closely watched by investors for signals regarding management's confidence or personal financial planning. A gift transaction, like this one, typically reflects personal estate planning rather than a direct statement on the company's future or operational outlook within the semiconductor industry.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Power of Attorney | Bruce E. Kiddoo granted a Power of Attorney on August 15, 2025, to several individuals, including Hope M. Spencer, to prepare, execute, and deliver reports required under Section 13 or Section 16 of the Securities Exchange Act of 1934 and Rule 144. | August 15, 2025 | Ensures timely and compliant filing of SEC documents on behalf of Mr. Kiddoo, streamlining regulatory obligations for insider reporting. |
Stakeholder Impact
- Shareholders will note a minor reduction in direct insider ownership, though a gift transaction is generally viewed as a personal financial decision rather than a reflection of company performance.
Key Dates
| Date | Description |
|---|---|
| August 15, 2025 | Date Power of Attorney was signed by Bruce E. Kiddoo. |
| February 12, 2026 | Date of common stock disposition by gift. |
| February 13, 2026 | Date Form 4 was signed by Attorney-in-Fact, Hope M. Spencer. |
Keywords
ON Semiconductor, ON, Bruce E. Kiddoo, Form 4, insider transaction, stock ownership, director, gift
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