Thad Trent plans 60,000-share ON (NASDAQ: ON) stock sale

Rhea-AI Filing Summary

Thad Trent has filed a notice of proposed sale for up to 60,000 shares of common stock through Morgan Stanley Smith Barney, with an aggregate market value of $4,270,800. The filing lists approximately 394,020,530 shares outstanding and targets an approximate sale date of February 12, 2026 on the NASDAQ.

The 60,000 shares were acquired on February 15, 2022 as restricted stock units and performance stock units from the issuer. The form also notes that Trent sold 20,000 common shares on December 3, 2025 for gross proceeds of $1,100,972 during the past three months.

Insights

Equity markets and insider-transactions analyst

Planned insider sale of 60,000 shares, small versus total float.

The notice describes a proposed sale by Thad Trent of up to 60,000 common shares, with an indicated market value of $4,270,800. These shares are expected to be sold on the NASDAQ around February 12, 2026 through Morgan Stanley Smith Barney.

The filing cites total shares outstanding of 394,020,530, meaning the planned sale represents only a very small fraction of the company’s equity. It also discloses that 20,000 shares were sold in the prior three months for gross proceeds of $1,100,972, providing additional context on recent selling activity.

The shares to be sold were originally granted on February 15, 2022 as restricted stock units and performance stock units from the issuer, indicating they stem from equity compensation rather than open-market purchases. The overall impact appears limited relative to the issuer’s total outstanding shares.

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	60000	4270800.00	394020530	02/12/2026	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			60000	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
THAD TRENT 5701 N. Pima Road Scottsdale AZ 85250	Common	12/03/2025	20000	1100972.00

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 does Thad Trent’s Form 144 filing for ON indicate?

The filing indicates Thad Trent plans to sell up to 60,000 ON common shares. The proposed sale, via Morgan Stanley Smith Barney, has an aggregate market value of about $4.27 million and is targeted for around February 12, 2026 on the NASDAQ exchange.

How many ON shares is Thad Trent planning to sell under this notice?

Thad Trent plans to sell up to 60,000 common shares of ON. The filing lists an aggregate market value of approximately $4,270,800 for these shares, based on the referenced market price, with execution expected around February 12, 2026 on the NASDAQ.

How significant is Thad Trent’s planned ON share sale versus shares outstanding?

The notice lists 394,020,530 ON shares outstanding, while Trent’s planned sale covers 60,000 shares. This represents a very small portion of the company’s total equity base, suggesting limited direct impact on overall ownership structure if fully executed.

How did Thad Trent acquire the ON shares he plans to sell?

The 60,000 ON shares were acquired on February 15, 2022 as restricted stock units and performance stock units from the issuer. This means the planned sale relates to equity compensation awards rather than shares previously bought on the open market.

Has Thad Trent recently sold ON shares before this planned sale?

Yes. The filing reports that Thad Trent sold 20,000 ON common shares on December 3, 2025. Those sales generated $1,100,972 in gross proceeds over the past three months, separate from the newly proposed 60,000-share sale.

Which broker will handle Thad Trent’s planned ON share sale?

The filing lists Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, 8th Floor, New York, NY 10004, as the broker. The planned 60,000-share ON sale is expected to be executed on the NASDAQ exchange.