Summary by Futu AI
ON Semiconductor Corporation has announced that the EL-KHOURY LIVING TRUST U/T/A DTD 01/16/2018, associated with a Director and Officer of the company, is set to sell 4,500 shares of common stock. The transaction is expected to occur on 09/16/2024, with an aggregate market value of approximately $322,740. The shares to be sold were acquired on 12/07/2021 through RSU/PSU transactions directly from the issuer. The trust has not reported any securities sales in the past three months. The notice of the planned sale was dated the same as the transaction date, with the plan adoption or instruction given on 06/07/2024.