Recent regulatory filings have revealed that a key officer at ON Semiconductor Corporation, Sudhir Gopalswamy, has filed a Form 144 notice with the SEC. This official document outlines a proposed transaction to sell a designated block of common shares in the major Nasdaq-listed enterprise.
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Understanding the SEC Form 144 Filing
The proposed transaction specifically covers 15,578 common shares of the prominent S&P 500 semiconductor manufacturer. Given prevailing market conditions, the total aggregate market value for these slated shares sits at approximately $1,246,240.
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Transaction Details and Broker Information
The official filing lists the target date for this proposed stock sale as October 1, 2026. Rockefeller Capital Management has been officially designated as the broker managing the entire execution.
Executions of this scale are meticulously planned well in advance to ensure full compliance. If you are tracking high-level corporate changes, you can also browse our specialized product reviews for related technology insights.
Origin of the Shares and Trading Plans
The securities slated for sale originate directly from the Sudhir Gopalswamy Living Trust. These equity assets were originally acquired straight from the issuer as compensation via standard corporate stock awards.
The specific acquisition timeline includes blocks of 4,536 shares and 2,204 shares obtained on February 7, 2025. An additional block of 8,838 shares was successfully acquired earlier on April 22, 2024.
The formal trading plan associated with this scheduled transaction was originally adopted or instructed on May 14, 2026. Furthermore, the reporting executive explicitly affirmed that they do not possess any undisclosed material adverse information regarding the company.
Here is the source article for this story: An ON Semiconductor (ON) officer proposes selling $1.25M in shares acquired through stock awards.
