Form 4: On Semiconductor Executive Sudhir Gopalswamy Reports Stock Transactions
SEC Form 4 Filing
Sudhir Gopalswamy, Group President at On Semiconductor, reports acquisition and disposal of common stock related to vesting of restricted stock units.
Summary
- On February 20, 2025, Sudhir Gopalswamy, Group President at On Semiconductor, disposed of 1,452 shares of common stock at a price of $55.74 to cover taxes due upon the vesting of restricted stock units.
- On February 21, 2025, Gopalswamy acquired 33,303 shares of common stock at $0.00, representing time-based restricted stock units that will vest in three equal annual installments beginning on the first anniversary of the grant date.
- Also on February 21, 2025, Gopalswamy disposed of 3,926 shares of common stock at a price of $54.05 to cover taxes due upon the vesting of restricted stock units.
- Following these transactions, Gopalswamy beneficially owns 147,260 shares of On Semiconductor common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, indicating a neutral sentiment.
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
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in the executive's holdings.
Key Dates
| Date | Description |
|---|---|
| 02/20/2025 | Disposal of 1,452 shares to cover taxes on vesting restricted stock units. |
| 02/21/2025 | Acquisition of 33,303 shares as time-based restricted stock units. |
| 02/21/2025 | Disposal of 3,926 shares to cover taxes on vesting restricted stock units. |
| 02/24/2025 | Date of signature for the report. |
Keywords
ON Semiconductor, Sudhir Gopalswamy, Form 4, Stock Transactions, Restricted Stock Units, Beneficial Ownership, Equity Securities
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