Thad Trent 4

What Happened

• Thad Trent, Executive Vice President and Chief Financial Officer of ON Semiconductor (ON), sold a total of 60,000 shares in two open‑market transactions: 30,000 shares on 2026-04-23 at $93.00 ($2,790,000) and 30,000 shares on 2026-04-24 at $100.00 ($3,000,000), for combined proceeds of $5,790,000. These were sales (S) reported on a Form 4.

Key Details

• Transaction dates & prices:
  • 2026-04-23 — 30,000 shares sold at $93.00 ($2,790,000)
  • 2026-04-24 — 30,000 shares sold at $100.00 ($3,000,000)
• Method: Open market sales (reported as S).
• Total proceeds: $5,790,000.
• Filing: Form 4 filed 2026-04-27 (timely within the SEC’s 2-business-day reporting window for these trades).
• Shares owned after transaction: Not specified in the summary data provided — see the full Form 4 for post‑trade holdings.
• Footnotes/plan references: None disclosed in the provided transaction details (no 10b5‑1 plan or tax‑withholding note shown).

Context

• These were outright sales, which are common for executives for reasons like diversification or liquidity and don’t by themselves indicate the insider’s view of the company’s prospects. Purchases generally carry more weight as a bullish signal. For full details (post‑transaction holdings, any footnotes, and the official filing), consult the SEC Form 4 (accession 0001225208-26-004632).