Form 4: On Semiconductor Director Waters Acquires Shares and Holds Stock Options
SEC Form 4 Filing
Director Gregory L. Waters acquired 5,054 shares of On Semiconductor Corp. and holds 17,000 shares indirectly through a family trust.
Summary
- Gregory L. Waters, a director of On Semiconductor Corp., reported a transaction on May 15, 2025.
- Waters acquired 5,054 shares of common stock at a price of $0.00.
- These shares were granted as restricted stock under the company's Amended and Restated Stock Incentive Plan.
- The stock will vest on the day prior to the Issuer's next Annual Meeting of Stockholders.
- Following the transaction, Waters directly owns 22,538 shares of common stock.
- Waters also indirectly owns 17,000 shares through the Waters Family Trust.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a standard SEC filing detailing a stock transaction. The acquisition of shares by a director is generally viewed as a positive, but it's not a major event.
Positives
- The acquisition of shares by a director can 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 is a routine disclosure of stock transactions by a company insider, as required by SEC regulations. It provides transparency into the holdings and transactions of key personnel.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment, as it indicates confidence from a company director.
Next Steps
- The acquired shares will vest on the day prior to the Issuer's next Annual Meeting of Stockholders.
Key Dates
| Date | Description |
|---|---|
| 05/15/2025 | Date of transaction: Gregory L. Waters acquired 5,054 shares of common stock. |
| 05/16/2025 | Date of signature on the Form 4 filing. |
Keywords
ON Semiconductor, Director, Stock Acquisition, Form 4, Waters, Restricted Stock, Beneficial Ownership
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