STOCK TITAN

Planned sale of 20,000 ON (ON) shares disclosed in Rule 144 filing

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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.

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature

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.

How many ON (ON) shares are planned to be sold under this notice?

The notice covers a planned sale of 20,000 common shares of ON. These shares have an aggregate market value of $1,460,414.00 based on the figures in the filing, and represent part of the holder’s existing equity position.

What is the aggregate market value of ON shares in this Form 144?

The planned 20,000 ON common shares have an aggregate market value of $1,460,414.00. This value reflects the market price at the time referenced in the filing and is used to quantify the size of the proposed Rule 144 sale.

When are the ON (ON) shares expected to be sold?

The filing lists an approximate sale date of 02/12/2026 for the 20,000 ON common shares. This date indicates when the holder expects to begin selling the shares on the NASDAQ, subject to market conditions and Rule 144 requirements.

How were the ON shares in this Form 144 originally acquired?

The shares were acquired as restricted stock vesting under a registered plan from the issuer. Vesting occurred on 02/07/2023 for 12,027 shares and 02/12/2023 for 7,973 shares, reflecting equity compensation rather than open-market purchases.

How many ON (ON) shares were outstanding according to the filing?

The filing notes that 394,020,530 ON common shares were outstanding. This figure provides context for the company’s total equity base and allows comparison of the 20,000-share planned sale size to the broader share count.