ON Semiconductor (NASDAQ: ON) CFO sells 60,000 common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ON Semiconductor’s Exec VP & CFO Thad Trent reported open‑market sales of company common stock. He sold 30,000 shares at $93.00 per share on April 23, 2026 and another 30,000 shares at $100.00 per share on April 24, 2026, for a total of 60,000 shares.
After these transactions, Trent directly owns 271,194 shares of ON Semiconductor common stock. The filing does not list any option exercises or derivative positions, indicating these were straightforward stock sales rather than part of an option exercise sequence.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 60,000 shares ($5,790,000)
Net Sell
2 txns
Insider
Thad Trent
Role
Exec VP & CFO
Sold
60,000 shs ($5.79M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common | 30,000 | $100.00 | $3.00M |
| Sale | Common | 30,000 | $93.00 | $2.79M |
Holdings After Transaction:
Common — 271,194 shares (Direct, null)
Footnotes (1)
Key Figures
Shares sold 2026-04-23: 30,000 shares at $93.00
Shares sold 2026-04-24: 30,000 shares at $100.00
Total shares sold: 60,000 shares
+1 more
4 metrics
Shares sold 2026-04-23
30,000 shares at $93.00
Open-market sale of ON common stock
Shares sold 2026-04-24
30,000 shares at $100.00
Open-market sale of ON common stock
Total shares sold
60,000 shares
Combined insider sales over two days
Shares owned after transactions
271,194 shares
Direct ON common stock holdings post-sale
Key Terms
open-market sale, Common, Form 4
3 terms
open-market sale financial
"transaction_action is described as "open-market sale" for both trades"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common financial
"security_title is listed as "Common" for the shares sold"
Form 4 regulatory
"Insider activity is reported through this Form 4 filing"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did ON (ON Semiconductor) report for Thad Trent?
ON Semiconductor reported that Exec VP & CFO Thad Trent sold a total of 60,000 common shares in open‑market transactions over two days. These were direct ownership sales, not option exercises or gifts, according to the Form 4 data.
Were Thad Trent’s ON Semiconductor transactions option exercises or simple stock sales?
The Form 4 data show Thad Trent’s transactions as open‑market sales of common stock with code “S,” not option exercises or conversions. There is no listed exercise price, and derivativeSummary is empty, indicating straightforward sales of already‑held shares.
Is Thad Trent’s ON Semiconductor ownership direct or through an entity?
The Form 4 indicates Thad Trent’s ON Semiconductor holdings as direct ownership, labeled with ownership code “D.” Nature of ownership is not attributed to any trust or LLC, so these 271,194 shares are reported as directly held by the executive.