[144] On Holding AG SEC Filing
Rhea-AI Filing Summary
On Holding AG filed a Form 144 reporting a proposed sale of 58,100 Class A Ordinary Shares. The sale is listed with Goldman Sachs & Co. LLC as broker and an approximate sale date of 10/01/2025 on the NYSE. The filing shows the shares were acquired from the issuer on 12/21/2017 and lists an aggregate market value of 2,379,776 for the shares to be sold. The issuer's total shares outstanding are reported as 293,047,715. The filing also itemizes sales over the past three months by Martin Hoffmann totaling thirteen transactions of 4,415 shares each on weekly dates from 07/07/2025 through 09/29/2025, with gross proceeds for each sale shown.
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Insights
TL;DR: Routine Rule 144 notice of proposed sale; documents acquisition history and recent secondary-market sales.
The filing is a standard Rule 144 notice documenting a proposed disposition of 58,100 Class A Ordinary Shares through Goldman Sachs & Co. LLC, with an approximate sale date of 10/01/2025. It records that the securities were acquired from the issuer on 12/21/2017, which supports a long-held status consistent with Rule 144 resale conditions. The table of recent sales by Martin Hoffmann shows repeated weekly dispositions of 4,415 shares from July through September 2025 with detailed gross proceeds. From a compliance perspective, the filing supplies the necessary historical acquisition and recent-sale disclosure required under Rule 144.
TL;DR: Informational notice with limited market impact; details may be relevant for share supply tracking.
The Form 144 provides transaction-level data that could marginally affect near-term float if executed as proposed, but it does not present material corporate news or financial performance information. The reported outstanding share count (293,047,715) and the size of the proposed sale (58,100 shares) indicate the disposition represents a small fraction of total shares outstanding. Recent weekly sales by the named seller are fully itemized, allowing monitoring of selling patterns, but the filing itself is a routine disclosure rather than a material event.