Form 4: On Semiconductor Executive Sudhir Gopalswamy Reports Stock Transaction
SEC Form 4 Filing
Sudhir Gopalswamy, Group President at On Semiconductor, reports the disposal of 6,226 common shares to cover taxes upon vesting of performance-based restricted stock units on February 11, 2025.
Summary
- On February 11, 2025, Sudhir Gopalswamy, Group President at On Semiconductor Corp, disposed of 6,226 common shares.
- The shares were withheld to cover taxes due upon the vesting of performance-based restricted stock units.
- The transaction was reported on a Form 4 filing with the SEC.
- Following the transaction, Gopalswamy directly owns 119,335 common shares.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a routine stock transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
This is a routine disclosure of a transaction by a company insider, which is a common occurrence in publicly traded companies. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine sale of shares by an executive to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/11/2025 | Date of stock transaction (disposal of shares) |
| 02/12/2025 | Date of signature on the Form 4 filing |
Keywords
Form 4, SEC Filing, Stock Transaction, Sudhir Gopalswamy, On Semiconductor, ON
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