Deitrich Thomas 4

What Happened Deitrich Thomas, a director of ON Semiconductor Corporation (ON), was granted 1,986 restricted shares on May 14, 2026. The Form 4 reports the acquisition as an award (code A) at $0.00 per share (reported value $0). This is a compensation award, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-14; Type: Award/Grant (A); Amount: 1,986 shares; Price reported: $0.00.
• Filing date: 2026-05-18 (Form 4 filed within the normal 2-business-day window).
• Shares owned after the transaction: Not specified in the provided excerpt.
• Footnotes: F1 — These are restricted shares granted under the Issuer’s Amended and Restated Stock Incentive Plan; they vest the day prior to the company’s next Annual Meeting of Stockholders.
• Administrative note: Hope M. Spencer signed the filing on behalf of the reporting person under a Power of Attorney (Exhibit 24).

Context Restricted stock awards are a form of equity compensation that typically vest over time or on a specified date; they do not represent an immediate market purchase or sale. Such grants are common for directors and are primarily compensation-related rather than a direct signal of trading intent.