Planned sale of 20,000 ON (ON) shares disclosed in Rule 144 filing
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
A shareholder of ON has filed a notice of intent to sell 20,000 common shares under Rule 144. The shares are to be sold through Morgan Stanley Smith Barney LLC Executive Financial Services, with an aggregate market value of $1,460,414.00, on the NASDAQ around 02/12/2026.
The securities were acquired as restricted stock vesting under a registered plan from the issuer on 02/07/2023 (12,027 shares) and 02/12/2023 (7,973 shares), both paid as “Not Applicable” in cash terms. Shares outstanding were 394,020,530 at the time referenced, which is a baseline figure for the company’s equity.
Positive
- None.
Negative
- None.
FAQ
What does ON’s latest Form 144 filing disclose?
The filing discloses a planned sale of 20,000 ON common shares under Rule 144. The shares are to be sold through Morgan Stanley Smith Barney LLC on the NASDAQ, reflecting an intended secondary sale by an existing holder.