ON Semiconductor, headquartered in Scottsdale, Arizona, specializes in power and sensing solutions for the automotive industry, employing 30,000 staff since its IPO on April 27, 2000. The company operates through three segments: PSG, AMG, and ISG, offering diverse semiconductor products and technologies.
Trent Thad sold 60,000 shares of ON on 12 February at $70.87 per share, worth a total of $4.3M. They now own 398,160 ON shares, or a 15% holding decrease.
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