Form 4: On Semiconductor Director Susan K. Carter Reports Acquisition of 5,054 Shares of Common Stock

Director Susan K. Carter reports acquiring 5,054 shares of On Semiconductor common stock on May 15, 2025, through a restricted stock grant.

Summary

• On May 15, 2025, Susan K. Carter, a director of On Semiconductor Corp, acquired 5,054 shares of common stock.
• The acquisition was a result of a restricted stock grant under the Issuer's Amended and Restated Stock Incentive Plan.
• The stock was granted at a price of $0.00 per share.
• Following the transaction, Carter directly owns 23,652 shares of On Semiconductor common stock.
• 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. It reflects a director increasing their stake in the company, which is generally viewed favorably, but it's a routine transaction.

Positives

• A director increasing their stake in the company can be seen as a positive signal.

Future Outlook

The restricted stock will vest on the day prior to the Issuer's next Annual Meeting of Stockholders, indicating a future event tied to the company's schedule.

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 investment in the company, which can be viewed positively by investors.

Comparison to Industry Standards

• Stock grants to directors are a common practice in publicly traded companies as part of their compensation packages.
• The size of the grant (5,054 shares) would need to be compared to grants given to directors at comparable semiconductor companies to assess its relative significance.
• Companies like Texas Instruments, Intel, and NVIDIA also use stock grants as part of director compensation.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment.

Next Steps

• The restricted stock will vest before the next Annual Meeting of Stockholders.

Key Dates

Keywords

On Semiconductor, Director, Stock Acquisition, Susan K. Carter, Restricted Stock, Beneficial Ownership, Form 4