Thad Trent

ON Semiconductor C-suite executive sells ~$5.8M in stock near 52-week highs amid 58% quarterly surge

A senior ON Semiconductor executive sold approximately $5.8 million in shares across two consecutive trading days, representing roughly 19% of total holdings. The timing is notable: these sales occurred precisely at the 52-week high, after the stock surged nearly 60% over the prior quarter, suggesting profit-taking at a peak valuation rather than a forced liquidation. The company itself is profitable with growing revenues, though the stock trades at an extremely elevated multiple, which may have prompted the insider to lock in gains after such a sharp run-up. This is a calculated, methodical exit of material size from someone in the executive rank—a pattern worth monitoring to see if other insiders follow, but not necessarily a red flag if the company's fundamentals remain stable.

CFO Thad Trent sold 30,000 ON shares at $80.00 (2026-04-16); stock near 52-week high at $83.01, up 37.3% in 30 days.

Thad Trent, Exec VP & CFO of ON Semiconductor, sold 30,000 shares (8.3% of his pre-transaction holdings) at $80.00 on 2026-04-16, reducing his position from 361,194 to 331,194 shares. The sale occurred while ON stock trades at $83.01, near its 52-week high, following a 37.3% surge over the prior 30 days. Trent's cross-ticker sell history shows a 50.00% well-timed rate with an average 90-day return of +5.4%, but his prior five trades at ON have been poorly timed: four recent February sales in 2026 each posted negative 30-day returns (-18.3%, -20.2%, -19.7%, -17.4%), and his only measurable 90-day outcome at ON (December 2025 sale) was also poorly timed with a +15.2% 90-day return. This sale occurs amid structural headwinds: ON's annual revenue contracted 15.4% year-over-year, though the latest quarter posted $1,550,900,000 ($1.6B) in revenue and $255,000,000 ($255.0M) in net income. The elevated P/E of 286.24 and the insider's poor timing pattern at this ticker warrant attention to whether the sale reflects valuation concerns or mechanical rebalancing.

Thad Trent (Exec VP & CFO) sells 60,000 shares at blended avg $71.22 for $4.3M; holds 339.5K shares post-sale.

ON Semiconductor's CFO executed four separate sales totaling 60,000 shares for $4,272,975.20 at an average price of $71.22 on 2026-02-12, reducing his holdings by 15.0% to 339,460 shares. The sale occurred near the 52-week high ($71.18), with the stock trading at $70.63 currently and up 18.9% over the prior 30 days and 50.5% over 90 days—a period of strong momentum. Within ON Semiconductor specifically, his prior two sales (2025-12-03 and 2024-06-11) showed mixed 90-day timing outcomes: one well-timed (2024 sale followed by decline), but the 2025 sale remains too recent for 90-day assessment. The company's fundamentals show elevated valuation concerns—a 243.55 P/E ratio against annual revenue contraction of -15.4% and quarterly net income of $255.0M on $1.6B revenue—which provides context for insider liquidity activity at elevated prices.

CFO Thad Trent sold 20,000 ON shares at $55.05; -25.9% from 52-week high despite +13.5% 30-day gain

Thad Trent sold 20,000 shares (5.0% of his pre-transaction holdings) at $55.05, reducing his stake from 399,448 to 379,448 shares. The sale occurred when ON was trading -25.9% from its 52-week high of $73.95, and his prior trade at ON (a sell on 2024-06-11) was well-timed at the 90-day mark with a -4.4% subsequent return. However, the stock has risen +13.5% over the past 30 days and +11.6% over 90 days, and the company's 30-day performance may reflect recent operational stabilization or market sentiment shifts. The timing against the broader 52-week range and the company's -14.2% annual revenue decline warrant attention to whether this represents portfolio rebalancing amid volatile conditions or reflects an operational outlook concern.