Form 4: On Semiconductor Director Gregory L. Waters Reports Acquisition of Restricted Stock

Director Gregory L. Waters reported the acquisition of 3,083 shares of restricted stock in On Semiconductor Corp on May 16, 2024.

Summary

• Gregory L. Waters, a director of On Semiconductor Corp, reported a transaction on May 16, 2024.
• Waters acquired 3,083 shares of common stock as restricted stock under the Issuer's Amended and Restated Stock Incentive Plan.
• The restricted stock was granted at a price of $0.0000 per share.
• Following the transaction, Waters directly owns 17,484 shares of common stock.
• Waters also indirectly owns 17,000 shares of common stock through the Waters Family Trust.
• The restricted stock will vest on the day prior to the Issuer's next Annual Meeting of Stockholders.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard disclosure of stock acquisition by a director. The acquisition itself can be seen as a slightly positive sign, but the document is primarily informational.

Positives

• The acquisition of restricted stock by a director could be seen as a positive sign, indicating confidence in the company's future performance.

Future Outlook

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

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company insiders.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment, as it indicates a director's confidence in the company.

Key Dates