Thad Trent 4
4 · ON SEMICONDUCTOR CORP · Filed Feb 12, 2026
Research Summary
AI-generated summary of this filing
ON Semiconductor CFO Thad Trent Sells 66,709 Shares
What Happened
Thad Trent, Executive Vice President and Chief Financial Officer of ON Semiconductor (ON), disposed of a total of 66,709 shares yielding roughly $4.73 million. The activity includes 6,709 shares withheld to cover taxes on vested performance-based restricted stock units (RSUs) and four open-market sale blocks executed Feb 12, 2026. Total reported proceeds by transaction: $452,052 (tax-withheld RSUs) and $4,272,975 from the open-market sales.
Key Details
- Transaction dates: Feb 10, 2026 (tax withholding on RSUs) and Feb 12, 2026 (open-market sales). Filing date: Feb 12, 2026 (appears timely).
- Transaction breakdown:
- 6,709 shares withheld for taxes @ $67.38 = $452,052 (Footnote F1 — tax withholding on performance RSUs)
- 1,300 shares sold (weighted avg $71.70) = $93,214 (multiple trades at $71.25–$72.17; F2)
- 2,200 shares sold (weighted avg $73.39) = $161,466 (multiple trades at $73.27–$73.61; F3)
- 7,000 shares sold (weighted avg $72.88) = $510,136 (multiple trades at $72.27–$73.23; F4)
- 49,500 shares sold (weighted avg $70.87) = $3,508,159 (multiple trades at $70.24–$71.23; F5)
- Shares owned after the transactions: not specified in the provided filing details.
- Footnotes note that the reported prices for several sales are weighted averages and the reporting person will provide per-trade details upon request.
Context
- The 6,709-share entry is a tax-withholding event related to vested performance-based RSUs (code F) — not an open-market sale for cash. The remaining entries are open-market sales (code S).
- Sales by executives are common and can reflect routine tax withholding or portfolio diversification; they do not, by themselves, confirm management’s view of company prospects.
- Transaction codes: P=Purchase, S=Sale, A=Award/Grant, M=Option exercise, G=Gift, F=Tax withholding.
Insider Transaction Report
Form 4
Thad Trent
Exec VP & CFO
Transactions
- Tax Payment
Common
[F1]2026-02-10$67.38/sh−6,709$452,052→ 399,460 total - Sale
Common
[F2]2026-02-12$71.70/sh−1,300$93,214→ 398,160 total - Sale
Common
[F3]2026-02-12$73.39/sh−2,200$161,466→ 395,960 total - Sale
Common
[F4]2026-02-12$72.88/sh−7,000$510,136→ 388,960 total - Sale
Common
[F5]2026-02-12$70.87/sh−49,500$3,508,159→ 339,460 total
Footnotes (5)
- [F1]Represents shares withheld to cover taxes due upon the vesting of performance-based restricted stock units.
- [F2]This disposition transaction was executed in multiple trades at prices ranging from $71.25 to $72.17. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide, upon request, to the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected.
- [F3]This disposition transaction was executed in multiple trades at prices ranging from $73.27 to $73.61. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide, upon request, to the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected.
- [F4]This disposition transaction was executed in multiple trades at prices ranging from $72.27 to $73.23. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide, upon request, to the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected.
- [F5]This disposition transaction was executed in multiple trades at prices ranging from $70.24 to $71.23. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide, upon request, to the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected.
Signature
/s/ Hope M. Spencer, Attorney-in-Fact|2026-02-12