ON Semiconductor (ON) CFO Thad Trent reports RSU vesting and tax share withholding
Rhea-AI Filing Summary
ON Semiconductor (ON) executive vice president and CFO Thad Trent updated his shareholdings through performance-based stock vesting and tax withholding transactions. On February 5, 2026, he acquired 31,050, 4,371, and 3,441 common shares at $0.0000 per share from performance-based restricted stock unit awards that were earned based on company performance, with future vesting schedules extending to February 2026 and beyond.
On February 6, 2026, 12,270 shares at $65.20 per share were withheld to cover taxes due upon vesting. After these transactions, he directly beneficially owned 406,169 common shares, including 129 shares acquired under the employee stock purchase plan since his prior filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common | 12,270 | $65.20 | $800K |
| Grant/Award | Common | 31,050 | $0.00 | $0.00 |
| Grant/Award | Common | 4,371 | $0.00 | $0.00 |
| Grant/Award | Common | 3,441 | $0.00 | $0.00 |
Footnotes (5)
- F1. Represents the subset of an award of performance-based restricted stock units, originally granted to the Reporting Person on February 21, 2025, that were earned based on the Issuer's performance as measured against the underlying metrics. These units will vest in three annual installments beginning on February 10, 2026, subject to the Reporting Person's continued employment through the applicable vesting date.
- F2. Represents the subset of an award of performance-based restricted stock units, originally granted to the Reporting Person on February 20, 2023, that (a) were earned based on the Issuer's performance as measured against the underlying metrics and (b) will vest on February 6, 2026.
- F3. Represents the subset of an award of performance-based restricted stock units, originally granted to the Reporting Person on February 21, 2024, that (a) were earned based on the Issuer's performance as measured against the underlying metrics and (b) will vest on February 6, 2026.
- F4. Represents shares withheld to cover taxes due upon the vesting of performance-based restricted stock units.
- F5. Includes an additional 129 shares that were acquired by the Reporting Person under the Issuer's Employee Stock Purchase Plan since his last Section 16 filing.
FAQ
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