KEETON SIMON 4

What Happened
Keeton Simon, Group President, PSG at ON Semiconductor, sold a total of 48,860 ON shares in two open-market transactions on February 17, 2026. The sales were: 4,597 shares at $71.56 each (≈ $328,939) and 44,263 shares at $71.77 each (≈ $3,176,760), totaling about $3.51 million. These were outright sales (disposals), which are typically routine liquidity events rather than purchases that signal bullish insider conviction.

Key Details

• Transaction dates and prices:
  • 2026-02-17: 4,597 shares sold at $71.56 (≈ $328,939)
  • 2026-02-17: 44,263 shares sold at $71.77 (≈ $3,176,760)
• Total shares sold: 48,860; total proceeds: ≈ $3,505,699
• Transaction type: Open-market sales (Code S — disposition)
• Shares owned after the transaction: Not specified in the provided filing excerpt
• Notable footnotes: No 10b5-1 plan, tax-withholding, or other special instructions were indicated in the provided data
• Filing timeliness: No late-filing indication included in the provided information

Context
Open-market insider sales are common for cashing out compensation, diversification, or other personal reasons and do not by themselves indicate a change in company outlook. Because this filing shows sales rather than purchases, it’s a liquidity event rather than a direct bullish signal. Retail investors should consider this alongside other insider activity, company fundamentals, and market conditions.