ONC affiliate files to sell 1,068 ADS under registered plan (NASDAQ: ONC)

Rhea-AI Filing Summary

ONC affiliate files a Form 144 proposing the sale of 1,068 ADS. The filing states the ADS are related to Restricted Stock Vesting Under a Registered Plan and identifies Morgan Stanley Smith Barney LLC as the broker. The excerpt also lists recent ADS sales by Lai Wang: 1,169 ADS on 06/16/2026 (310,235.88), 756 ADS on 06/11/2026 (197,629.74), and 1,367 ADS on 06/08/2026 (368,246.83).

Key Figures

Proposed ADS sale: 1,068 ADS Recent sale by Lai Wang: 1,169 ADS Recent sale by Lai Wang: 756 ADS +3 more

6 metrics

Proposed ADS sale 1,068 ADS listed on the Form 144 excerpt

Recent sale by Lai Wang 1,169 ADS sale dated 06/16/2026 with amount 310,235.88

Recent sale by Lai Wang 756 ADS sale dated 06/11/2026 with amount 197,629.74

Recent sale by Lai Wang 1,367 ADS sale dated 06/08/2026 with amount 368,246.83

Broker/Intermediary listed Morgan Stanley Smith Barney LLC address 1 New York Plaza; listed on the excerpt

Dollar amount shown near proposed sale 295,552.98 appears adjacent to the 1,068 ADS line in the excerpt

Key Terms

Form 144, ADS, Restricted Stock Vesting Under a Registered Plan, Morgan Stanley Smith Barney LLC

4 terms

Form 144 regulatory

"144: Securities To Be Sold"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

ADS market

"ADS | Restricted Stock Vesting Under a Registered Plan"

Ads are paid promotional messages a company places across media — online, on TV, in print, or on social platforms — to attract customers, explain products, or shape public perception. For investors, ads matter because they drive sales growth, affect how much a company must spend to win customers, and influence brand strength and long-term value. Ads can also create regulatory or reputational risk if claims are misleading, which can affect profits and stock price.

Restricted Stock Vesting Under a Registered Plan financial

"Restricted Stock Vesting Under a Registered Plan | Issuer"

Morgan Stanley Smith Barney LLC other

"Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza"

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Available on EDGAR 06/23/2026 - 04:25 PM Accepted by SEC EDGAR 06/23/2026 - 04:24 PM Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
ADS	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	1068	295552.98	54885669	06/23/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
ADS	06/22/2026	Restricted Stock Vesting Under a Registered Plan	Issuer			1068	06/22/2026	Not Applicable

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
LAI WANG 94 Solaris Avenue, Camana Bay Grand Cayman E9 KY1 1108	ADS	06/16/2026	1169	310235.88
LAI WANG 94 Solaris Avenue, Camana Bay Grand Cayman E9 KY1 1108	ADS	06/11/2026	756	197629.74
LAI WANG 94 Solaris Avenue, Camana Bay Grand Cayman E9 KY1 1108	ADS	06/08/2026	1367	368246.83

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does ONC's Form 144 disclose about the ADS sale?

The Form 144 proposes the sale of 1,068 ADS. It notes the transfer stems from restricted stock vesting under a registered plan and lists Morgan Stanley Smith Barney LLC as the executing broker.

Who is the selling party named in the ONC excerpt?

The excerpt identifies Lai Wang as a seller in recent transactions, with multiple ADS sales listed on 06/08/2026, 06/11/2026, and 06/16/2026 in the provided text.

How many ADS were proposed for sale and what broker is listed?

The filing shows a proposal to sell 1,068 ADS and lists Morgan Stanley Smith Barney LLC (1 New York Plaza) as the broker/executing financial intermediary.

What recent ADS transactions by Lai Wang are shown in the excerpt?

The excerpt lists three recent sales: 1,169 ADS on 06/16/2026 (310,235.88), 756 ADS on 06/11/2026 (197,629.74), and 1,367 ADS on 06/08/2026 (368,246.83).