Thad Trent sells shares under 10b5-1 (ON)

Rhea-AI Filing Summary

Thad Trent reported multiple Rule 144 sales of Common Stock under pre-arranged 10b5-1 plans. The filing lists sales of 30,000 shares on 04/23/2026 for $2,790,000, 30,000 shares on 04/16/2026 for $2,400,000, and 60,000 shares on 02/12/2026 for $4,272,975. Securities originate from RSUs and PSUs with a grant date of 02/15/2022.

Key Figures

Sale on 04/23/2026: 30,000 shares Sale on 04/16/2026: 30,000 shares Sale on 02/12/2026: 60,000 shares +2 more

5 metrics

Sale on 04/23/2026 30,000 shares sold for $2,790,000 on 04/23/2026

Sale on 04/16/2026 30,000 shares sold for $2,400,000 on 04/16/2026

Sale on 02/12/2026 60,000 shares sold for $4,272,975 on 02/12/2026

Grant date 02/15/2022 Restricted Stock Units and Performance Stock Units grant date

Broker/Dealer listed Morgan Stanley Smith Barney LLC filer information and securities-to-be-sold section

Key Terms

Rule 144, 10b5-1, Restricted Stock Units, Performance Stock Units

4 terms

Rule 144 regulatory

"10b5-1 Sales for THAD TRENT ... 144: Securities Sold During The Past 3 Months"

Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

10b5-1 regulatory

"10b5-1 Sales for THAD TRENT 5701 N. Pima Road Scottsdale AZ 85250"

A 10b5-1 plan is a pre-set schedule that lets company insiders buy or sell shares according to written instructions made when they do not possess material, nonpublic information. Think of it as a timed automatic payment for stock trades: it helps insiders avoid accusations of trading on secret information and gives outside investors a clearer signal about whether sales are routine or potentially informative about the company’s prospects.

Restricted Stock Units financial

"Restricted Stock Units and Performance Stock Units | Issuer | 30000 | 02/15/2022"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

Performance Stock Units financial

"Restricted Stock Units and Performance Stock Units | Issuer | 30000 | 02/15/2022"

Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	30000	2933400.00	394020530	04/24/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	02/15/2022	Restricted Stock Units and Performance Stock Units	Issuer			30000	02/15/2022	N/A

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
10b5-1 Sales for THAD TRENT 5701 N. Pima Road Scottsdale AZ 85250	Common	04/23/2026	30000	2790000.00
10b5-1 Sales for THAD TRENT 5701 N. Pima Road Scottsdale AZ 85250	Common	04/16/2026	30000	2400000.00
10b5-1 Sales for THAD TRENT 5701 N. Pima Road Scottsdale AZ 85250	Common	02/12/2026	60000	4272975.00

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What did the Form 144 for ON disclose about Thad Trent's sales?

It disclosed Rule 144 sales executed under 10b5-1 plans. The filing shows sales of 30,000 shares on 04/23/2026 for $2,790,000, 30,000 shares on 04/16/2026 for $2,400,000, and 60,000 shares on 02/12/2026 for $4,272,975.

Were the sales by Thad Trent part of a 10b5-1 trading plan for ON?

Yes — the filing identifies the transactions as 10b5-1 sales. Each listed sale is described as a 10b5-1 sale, indicating they were executed under pre-arranged trading instructions rather than ad hoc open-market timing decisions.

What securities were sold according to the ON Form 144 filing?

The securities originated from Restricted Stock Units and Performance Stock Units. The filing references RSUs and PSUs with a grant date of 02/15/2022 and shows the listed share quantities sold under Rule 144.

Which broker or dealer handled the reported ON transactions?

Morgan Stanley Smith Barney LLC is listed in the filing. The document includes that broker/dealer name and address in the securities-to-be-sold and filer information accompanying the Rule 144 sale entries.