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ON Semiconductor ESPP: how it works and whether to max it

If ON Semiconductor offers an ESPP, here's how to value it against an RSU-heavy comp package.

About ON Semiconductor equity

ON Semiconductor (ON, HQ AZ) grants RSUs to employees and also runs an Employee Stock Purchase Plan with a quarterly vesting cadence.

Whether to max it

If ON Semiconductor's ESPP has a 15% discount with a lookback, participation is typically the highest-return use of cash available to you (roughly 17-30% pre-tax per offering period). The cap is the IRS $25,000 contribution limit per calendar year.

What to do next

Other ON Semiconductor guides