Form 4: On Semiconductor Exec VP & CFO, Thad Trent, Reports Stock Transactions

Thad Trent, Executive VP & CFO of On Semiconductor, reports the acquisition and disposal of company stock, including shares withheld for tax obligations and the vesting of restricted stock units.

Summary

• On February 20, 2025, Thad Trent, the Executive VP & CFO of ON Semiconductor Corp, disposed of 4,173 common shares at a price of $55.74 to cover taxes.
• On February 21, 2025, Trent acquired 44,404 common shares through time-based restricted stock units at a price of $0.00.
• Also on February 21, 2025, Trent disposed of 4,262 common shares at a price of $54.05 to cover taxes.
• Following these transactions, Trent beneficially owns 399,076 common shares.
• The restricted stock units vest in three equal annual installments starting on the first anniversary of the grant date, contingent upon continued employment.

Sentiment

Score: 6

Explanation: The sentiment is neutral as the transactions are routine and related to executive compensation and tax obligations.

Positives

• The acquisition of 44,404 shares through restricted stock units indicates a long-term incentive for the executive.

Future Outlook

The restricted stock units will vest in three equal annual installments beginning on the first anniversary of the grant date, subject to continued employment.

Industry Context

Executive stock transactions are common and are often related to compensation packages and tax planning. Monitoring these transactions can provide insights into management's perspective on the company's future performance.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders as they are related to executive compensation.

Key Dates

Keywords

ON Semiconductor, Thad Trent, Stock Transactions, Form 4, Restricted Stock Units, Beneficial Ownership, Executive Compensation