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ON - On Semiconductor Corp

Insider Sale by Thad Trent (EVP, CFO)

1 Month
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Trade Summary

5 days ago, Thad Trent, serving as EVP, CFO at On Semiconductor Corp (ON), sold 60,000 shares at $96.50 per share, for a total transaction value of $5,790,000.00. Following this transaction, Thad Trent now holds 271,194 shares of ON.

This sale represents a 18.00% decrease in Thad Trent's stake in the company. This is considered a high-conviction trade given the significant change in ownership.

The trade was executed on Thursday, April 23, 2026 and publicly disclosed via SEC Form 4 filing on Monday, April 27, 2026, 4 days after the trade was made.

On Semiconductor Corp operates in the TECHNOLOGY sector, specifically within the SEMICONDUCTORS industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.

Thad Trent

Thad Trent

EVP, CFO

Thad Trent is the Executive Vice President and Chief Financial Officer of onsemi (formerly ON Semiconductor), a position he has held since February 2021[[1]](https://www.businesswire.com/news/home/20210128005281/en/Thad-Trent-Appointed-ON-Semiconductors-Executive-Vice-President-and-Chief-Financial-Officer)[[2]](https://www.onsemi.com/company/about-onsemi/leadership/thad-trent). A seasoned finance professional with a career spanning more than 30 years in the technology industry, Trent brings extensive expertise in strategic planning, mergers and acquisitions, and financial leadership[[1]](https://www.businesswire.com/news/home/20210128005281/en/Thad-Trent-Appointed-ON-Semiconductors-Executive-Vice-President-and-Chief-Financial-Officer)[[2]](https://www.onsemi.com/company/about-onsemi/leadership/thad-trent). Prior to joining onsemi, he served as CFO at Cypress Semiconductor from 2014 until its acquisition by Infineon Technologies in April 2020, during which time he drove significant growth—expanding the company's revenue from $723 million to $2.5 billion and increasing enterprise value by five times[[2]](https://www.onsemi.com/company/about-onsemi/leadership/thad-trent). Trent earned his Bachelor of Science in Business Administration and Finance from San Diego State University and has held progressive leadership roles at companies including Wind River Systems and Wyle Electronics[[2]](https://www.onsemi.com/company/about-onsemi/leadership/thad-trent)[[3]](https://www.semiconductor-today.com/news_items/2025/dec/lumentum-161225.shtml). In his current role at onsemi, Trent has worked alongside President and CEO Hassane El-Khoury to transform the company into a more strategically focused organization[[4]](https://www.cfobrew.com/stories/2024/04/02/how-this-cfo-worked-alongside-chief-executive-to-revamp-company). He currently serves on the boards of directors of Lumentum Holdings Inc. and Leia Inc., bringing his deep expertise in corporate governance and finance to multiple organizations[[2]](https://www.onsemi.com/company/about-onsemi/leadership/thad-trent)[[3]](https://www.semiconductor-today.com/news_items/2025/dec/lumentum-161225.shtml). His track record demonstrates a proven ability to drive sustainable financial performance, operational excellence, and robust compliance and regulatory control across complex, global publicly held technology companies[[2]](https://www.onsemi.com/company/about-onsemi/leadership/thad-trent).

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Trade Price

$96.50

Quantity

60,000

Total Value

$5,790,000.00

Shares Owned

271,194

Trade Date

Thursday, April 23, 2026

5 days ago

SEC Filing Date

Monday, April 27, 2026

Filed 4 days after trade

TECHNOLOGYSEMICONDUCTORS

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