El-Khoury Hassane 4

What Happened Hassane El-Khoury, CEO, President and Director of ON Semiconductor (ON), was granted 75,315 restricted stock units (RSUs) on 2026-02-20 and, upon vesting, had 36,802 shares withheld/sold to cover taxes at $69.11 per share, raising $2,543,386. The RSU grant is recorded at $0.00 on the Form 4 (typical reporting convention for awards).

Key Details

• Grant: 75,315 RSUs reported 2026-02-20 (footnote: time‑based RSUs vest in three equal annual installments beginning one year after the grant, subject to continued employment).
• Tax withholding/Disposition: 36,802 shares disposed on 2026-02-21 at $69.11 per share, proceeds $2,543,386 (shares withheld to cover taxes).
• Price shown for the grant is $0.00 (award reporting); sale price for withholding was $69.11.
• Shares owned after the transactions are not disclosed in the provided summary of the filing.
• Filing date 2026-02-24 for transactions on 2026-02-20/21 — appears to be timely based on the filing window.

Context

• The 75,315 units are RSUs (not an open‑market purchase), which vest over time and represent future stock delivery if employment conditions are met.
• The 36,802-share disposition was a tax-withholding event (routine), not necessarily an active market sell signal about company prospects.