ONC (ONC) insiders schedule $83.9M ADS sale under Rule 144
Rhea-AI Filing Summary
The filing by insiders of ONC details planned and recent sales of equity under Rule 144. It lists 240,810 ADS to be sold through Morgan Stanley Smith Barney LLC Executive Financial Services, with an aggregate market value of $83,866,898.70, for trading on NASDAQ on or after August 10, 2026. The securities to be sold include ADS obtained from previously exercised stock options and ADS from founders shares. The filing also reports multiple recent 10b5-1 sales of ADS and common shares by John V. Oyler and the Pan-Oyler Foundation over June and July 2026, providing dates, share amounts, and dollar values for each transaction.
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Key Figures
ADS planned for sale: 240,810 ADS
Aggregate market value of planned ADS sale: $83,866,898.70
10b5-1 ADS sale on July 16, 2026: 166,597 ADS for $52,992,223.32
+3 more
6 metrics
ADS planned for sale
240,810 ADS
ADS to be sold through Morgan Stanley Smith Barney LLC on or after August 10, 2026
Aggregate market value of planned ADS sale
$83,866,898.70
Value associated with 240,810 ADS to be sold on NASDAQ
10b5-1 ADS sale on July 16, 2026
166,597 ADS for $52,992,223.32
10b5-1 sale of ADS by John V. Oyler on July 16, 2026
10b5-1 ADS sale on July 14, 2026
133,600 ADS for $40,887,411.60
10b5-1 ADS sale by John V. Oyler on July 14, 2026
Foundation ADS sale on July 13, 2026
37,722 ADS for $11,483,218.07
10b5-1 ADS sale by Pan-Oyler Foundation on July 13, 2026
Common stock sale on June 8, 2026
4,940 shares for $1,336,566.40
Common shares sold by John V. Oyler on June 8, 2026
Key Terms
ADS, Rule 144, 10b5-1, Founders Shares, +1 more
5 terms
ADS financial
"The filing lists ADS to be sold through Morgan Stanley Smith Barney LLC"
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.
Rule 144 regulatory
"planned and recent sales of equity under Rule 144"
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
10b5-1 regulatory
"The filing reports multiple 10b5-1 sales of ADS by John V. Oyler"
A 10b5-1 plan is a pre-set schedule that lets company insiders buy or sell shares according to written instructions made when they do not possess material, nonpublic information. Think of it as a timed automatic payment for stock trades: it helps insiders avoid accusations of trading on secret information and gives outside investors a clearer signal about whether sales are routine or potentially informative about the company’s prospects.
Previously Exercised Stock Options financial
"ADS obtained from previously exercised stock options dated March 3, 2025"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does the ONC Form 144 filing disclose about ADS sales?
The filing discloses plans to sell 240,810 ADS of ONC, with an aggregate market value of $83,866,898.70, through Morgan Stanley Smith Barney LLC on NASDAQ on or after August 10, 2026.
Which ONC securities are covered by the planned Rule 144 sales?
The planned Rule 144 sales for ONC cover ADS derived from previously exercised stock options dated March 3, 2025 and from founders shares dated October 7, 2014, both originally issued by the company.
What recent 10b5-1 sales by John V. Oyler are reported for ONC?
The filing reports multiple 10b5-1 sales of ONC ADS by John V. Oyler in July 2026, including transactions such as 166,597 ADS sold for $52,992,223.32 on July 16, 2026, along with several smaller sales on nearby dates.
Does the ONC Form 144 include sales of common stock in addition to ADS?
Yes. It reports sales of ONC common stock by John V. Oyler in June 2026, including 4,940 shares for $1,336,566.40 on June 8, 2026 and several additional smaller common share transactions later in June.
What is the role of Morgan Stanley Smith Barney LLC in the ONC Form 144?
Morgan Stanley Smith Barney LLC Executive Financial Services is identified as the broker handling the planned sale of 240,810 ONC ADS, with a disclosed aggregate market value of $83,866,898.70, to be sold on NASDAQ.