Thad Trent 4

What Happened

• Thad Trent, Executive Vice President and Chief Financial Officer of ON Semiconductor (ON), reported an open-market sale of 30,000 shares on April 16, 2026. The shares were disposed at $80.00 each for a total transaction value of $2,400,000. This was a sale (S) reported on Form 4.

Key Details

• Transaction date and price: April 16, 2026 — 30,000 shares at $80.00/share.
• Total proceeds: $2,400,000.
• Shares owned after the transaction: Not specified in the provided filing excerpt.
• Footnote: The filing notes an additional 115 shares were acquired by Trent under the issuer’s Employee Stock Purchase Plan (ESPP) since his last Section 16 filing (Footnote F1).
• Filing timeliness: Form 4 was filed April 17, 2026 (the day after the transaction), which appears to be timely (Form 4s are generally due within two business days).

Context

• This was a sale, which is generally considered less informative than insider purchases about the insider’s view of the company. Sales can be routine (for diversification, liquidity, tax, or other personal reasons); the filing itself does not state the motivation.
• The ESPP acquisition noted in the footnote reflects a separate, small purchase and does not change the fact that the reported transaction was a disposition.