Summary by Moomoo AI
Thad Trent, the Executive Vice President & Chief Financial Officer of ON Semiconductor Corp (Ticker: ON), completed the sale of 28,491 shares of common stock over a two-day period. The transactions occurred on February 15 and 16, 2024, with the sale prices ranging from $78.64 to $80.62 per share. The total market value of the disposed shares amounted to approximately $2,275,748.52. Following these transactions, Trent holds a direct ownership of 304,357 shares in the company. The sales were reported as a means to cover the payment of exercise price or tax liability by delivering or withholding securities.