MASCARENAS PAUL ANTHONY 4

What Happened Paul Anthony Mascarenas, a director of ON Semiconductor Corp (ON), was granted 1,986 restricted stock units (RSUs) on May 14, 2026. The grant is reported as an acquisition of 1,986 shares at $0.00 (total $0). This is an award/grant (not an open‑market purchase or sale) and represents restricted equity compensation rather than an immediate cash transaction.

Key Details

• Transaction date: 2026-05-14; Form 4 filed: 2026-05-18 (filed 4 days after the transaction; appears later than the typical 2-business‑day Form 4 deadline).
• Transaction type/code: A — Grant/award (restricted stock units).
• Amount: 1,986 RSUs; reported price: $0.00; reported value: $0.
• Shares owned after transaction: Not specified in the provided filing summary.
• Footnote: The award represents RSUs under the Issuer's Amended and Restated Stock Incentive Plan. The award vests on the day before the Issuer’s next Annual Meeting of Stockholders, but issuance of the underlying shares will be deferred to a later date per the reporting person’s election.

Context Restricted stock units are a form of compensation that typically convert into shares only after vesting and any applicable deferral/withholding rules are satisfied. Because issuance is deferred and the award is restricted, this grant does not represent an immediate change in market holdings or a direct buy/sell signal. Director awards are common and routine; they compensate service and do not alone indicate the insider’s trading sentiment.