Summary by Futu AI
Christine Y. Yan, associated with ON Semiconductor Corp [ON], was granted 3,083 shares of common stock on May 16, 2024. The transaction was completed at no cost to the recipient, as is typical for stock grants. Following this transaction, Yan's direct holdings in ON Semiconductor increased to a total of 41,615 shares. The grant is part of the company's compensation strategy, often used to align the interests of employees and shareholders.