Thad Trent 4

What Happened

• Thad Trent, Executive Vice President & Chief Financial Officer of ON Semiconductor (ON), was granted 36,175 restricted stock units (RSUs) on 2026-02-20 (award, code A). The grant has a $0 acquisition price.
• To cover taxes upon vesting, 4,173 shares were withheld on 2026-02-20 at $69.11 ($288,396) and 10,383 shares were withheld on 2026-02-21 at $69.11 ($717,569), for a total of 14,556 shares withheld and approximately $1,005,965 in tax withholding (dispositions, code F). These disposals represent share withholding to satisfy tax obligations, not open-market selling for investment purposes.

Key Details

• Transaction dates & prices: Grant 02/20/2026 (36,175 RSUs, $0); tax withholding 02/20/2026 — 4,173 shares @ $69.11 ($288,396); 02/21/2026 — 10,383 shares @ $69.11 ($717,569).
• Shares owned after transaction: Not specified in the provided excerpt of the filing.
• Footnotes: F1 — RSUs vest in three equal annual installments starting on the first anniversary, subject to continued employment. F2 — the listed disposals are shares withheld to cover taxes upon vesting.
• Transaction codes: A = Award/Grant; F = Tax withholding (not a market sale).
• Filing timeliness: Filing dated 2026-02-24; no late-filing flag was indicated in the provided information.

Context

• These RSUs are time-based and will vest over three years; the withheld shares were used to satisfy tax withholding at vesting (a routine administrative step), not a discretionary open-market sale. For retail investors, tax-withholding disposals are common and do not necessarily indicate the insider's view of the stock.