Summary by Futu AI
ON Semiconductor Corp's Group President, ASG & ISG, GOPALSWAMY SUDHIR, completed a sale of 469 shares of common stock on May 26, 2024. The transaction was carried out at a price of $72.56 per share, resulting in a total market value of $34,030.64. Following the sale, GOPALSWAMY SUDHIR directly holds 115,681 shares in the company. The sale was executed as a means to cover the payment of exercise price or tax liability by delivering or withholding securities, as indicated by the transaction code 'F'. This financial move reflects a transaction type that is often associated with stock-based compensation arrangements.