ON Semiconductor (ON) CEO reports stock unit grants and tax withholding
Rhea-AI Filing Summary
ON Semiconductor CEO and President Hassane El-Khoury reported equity award activity and tax withholding transactions. On February 5, 2026, he received three grants of common stock: 90,966, 12,202, and 9,604 shares at $0.0000 per share, representing performance-based restricted stock units earned under awards originally granted in 2023, 2024, and 2025. Portions of these awards vest on February 6, 2026, and in three annual installments beginning February 10, 2026, subject to continued employment. On February 6, 2026, 34,460 shares were withheld at $65.2 per share to cover taxes upon vesting. Following these transactions, he directly beneficially owned 1,056,372 common shares, including 246 shares acquired through the employee stock purchase plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common | 34,460 | $65.20 | $2.25M |
| Grant/Award | Common | 90,966 | $0.00 | -- |
| Grant/Award | Common | 12,202 | $0.00 | -- |
| Grant/Award | Common | 9,604 | $0.00 | -- |
Footnotes (1)
- 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. Represents the subset of an award of performance-based restricted stock units, originally granted to the Reporting Person on February 21, 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. 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. Represents shares withheld to cover taxes due upon the vesting of performance-based restricted stock units. Includes an additional 246 shares that were acquired by the Reporting Person under the Issuer's Employee Stock Purchase Plan since his last Section 16 filing.