FORM 4
☐
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
☐ Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10. |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 |
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| 1. Name and Address of Reporting Person * El-Khoury Hassane | 2. Issuer Name and Ticker or Trading Symbol ON SEMICONDUCTOR CORP [ ON ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) CEO & President |
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3. Date of Earliest Transaction
(MM/DD/YYYY)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
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6. Individual or Joint/Group Filing
(Check Applicable Line)
_X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person | |
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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1.Title of Security (Instr. 3) | 2. Trans. Date | 2A. Deemed Execution Date, if any |
3. Trans. Code (Instr. 8) |
4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) |
5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
| Code | V | Amount | (A) or (D) | Price | ||||||
| Common | 8/13/2025 | S | 15,000 | D | $51.2173 (1) | 977,814 (2) | D | |||
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
| 1. Title of Derivate Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Trans. Date | 3A. Deemed Execution Date, if any | 4. Trans. Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
| Remarks: Hope M. Spencer is signing on behalf of the Reporting Person pursuant to a Power of Attorney attached hereto as Exhibit 24. |
| Reporting Owners | |||||
| Reporting Owner Name / Address | |||||
| Director | 10% Owner | Officer | Other | ||
| El-Khoury Hassane 5701 NORTH PIMA ROAD SCOTTSDALE, AZ 85250 | X | CEO & President | |||
| Signatures | ||
| /s/ Hope M. Spencer, Attorney-in-Fact | 8/15/2025 | |
| **Signature of Reporting Person | Date | |
| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |
| * | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
| ** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
| Note: | File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. |
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | |
Exhibit 24
POWER OF ATTORNEY
(Hassane El-Khoury)
I hereby appoint Thad Trent, Paul Dutton, Travis Ruffo, Hope M. Spencer, Angela
Park, and Joshua B. Naftulin, and each of them, attorney-in-fact (each, an
"Attorney-in-Fact") for me, each with full power of substitution, to prepare,
execute and deliver on my behalf reports required to be filed by me pursuant to
Section 13 or Section 16 of the Securities Exchange Act of 1934, as amended (the
"Exchange Act"), and Rule 144 under the Securities Act of 1933, as amended
("Rule 144"), and any and all related documents and instruments. Among other
things, each Attorney-in-Fact is authorized to:
* take such action(s) as may be necessary or appropriate to enable the
undersigned to submit and file forms, schedules and other documents with United
States Securities and Exchange Commission ("SEC") utilizing the SEC's Electronic
Data Gathering and Retrieval ("EDGAR") system, which actions may include (i)
enrolling the undersigned in EDGAR Next and (ii) preparing, executing and
submitting to the SEC a Form ID, including any amendments to such Form ID, and
any other documents necessary or appropriate to obtain codes and passwords
enabling the undersigned to make electronic filings utilizing the EDGAR system;
* prepare and execute any and all forms, schedules and other documents
(including any amendments thereto) the undersigned is required to file with the
SEC, or which the Attorney-in-Fact considers advisable for the undersigned to
file with the SEC, under Section 13 or Section 16 of the Exchange Act, and Rule
144, including Forms 3, 4, and 5, Form 144 and Schedules 13D or 13G, with the
SEC, any and all related documents and instruments, and to provide any necessary
copies of such signed forms, documents, and instruments to The NASDAQ Stock
Market and ON Semiconductor Corporation (the "Company")as required by applicable
rules under Section 13, Section 16 and Rule 144 as in effect from time to
time;
* submit and file SEC filings with the SEC utilizing the EDGAR system or cause
them to be submitted and filed by a person appointed as an Account Administrator
(defined below);
* act as an account administrator for the undersigned's EDGAR account (each, an
"Account Administrator"), including: (i) appoint, remove and replace account
administrators, account users, technical administrators and delegated entities;
(ii) maintain the security of the undersigned's EDGAR account, including
modification of access codes; (iii) maintain, modify and certify the accuracy of
information on the undersigned's EDGAR account dashboard; (iv) act as the
EDGAR point of contact with respect to the undersigned's EDGAR account; and (v)
any other actions contemplated by Rule 10 of Regulation S-T with respect to
account administrators;
* cause the Company to accept a delegation of authority from any of the
undersigned's EDGAR account administrators and, pursuant to that delegation,
authorize the Company's EDGAR account administrators to appoint, remove or
replace users for the undersigned's EDGAR account; and
* seek or obtain, as my representative and on my behalf, information concerning
transactions in or with respect to the Company's securities from any third
party, including brokers, employee benefit plan administrators and trustees,
knowing that I hereby authorize any such person to release any such information
to the Attorney-in-Fact and approve any such release of information.
This power of attorney is effective from the date hereof and shall remain in effect until revoked or terminated.
Dated: August 15, 2025 /s/ HASSANE EL-KHOURY Hassane El-Khoury |