MASCARENAS PAUL ANTHONY 4

What Happened Paul Anthony Mascarenas, a director of ON Semiconductor Corp (ON), was issued 116 shares of common stock on 2026-07-02 at an effective price of $91.22 per share, valued at about $10,582. This was an award/acquisition (not an open-market purchase or sale) representing fully vested shares issued in lieu of a portion of his quarterly cash retainer.

Key Details

• Transaction date: 2026-07-02; price per share: $91.22; total value: ~$10,582
• Transaction type: A (award/acquisition) — 116 shares acquired
• Shares owned after the transaction: Not reported in this filing
• Footnote: Shares are fully vested and were issued instead of part of the director’s Q2 2026 cash retainer based on his prior election
• Filing timeliness: Reported for period 2026-07-02 (no late filing indicated)

Context Awards issued in lieu of cash retainers are a common form of director compensation and do not necessarily signal a change in the director’s market view. Because the shares are fully vested, there is no future vesting requirement attached to this issuance.