ONON insider files notice for 111,000-share sale; recent 100,000-share disposition noted
Rhea-AI Filing Summary
On Holding AG (ONON) submitted a Form 144 notice reporting a proposed sale of 111,000 Class A ordinary shares to be executed through Goldman Sachs & Co. LLC on 09/03/2025. The shares were acquired from the issuer on 12/21/2017 and the filing states no cash payment obligations related to that acquisition. The filing also lists multiple sales by the same person during the past three months, including a 100,000-share sale on 08/15/2025.
Positive
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Negative
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Insights
TL;DR: Insider intends to sell 111,000 shares via Goldman Sachs; significant recent dispositions noted.
The Form 144 documents a proposed Rule 144 sale of 111,000 Class A shares, giving market participants a clear notice of insider liquidity. The acquisition date of 12/21/2017 confirms these are long-held shares, which may be eligible for resale under Rule 144 restrictions. Recent reported transactions include numerous small lots and a 100,000-share sale on 08/15/2025, showing active disposition activity by the same seller in the last three months. From a trading-volume perspective, these are explicit transfer actions rather than company operational disclosures.
TL;DR: Proper Rule 144 notice filed; disclosure aligns with required representations about material nonpublic information.
The filing includes the required signature representation that the seller is not aware of any undisclosed material adverse information and references Rule 10b5-1 planning language. It indicates compliance-oriented behavior by the filer and broker identification (Goldman Sachs & Co. LLC). The spread of multiple recent sales documented in the three-month table is relevant for governance review of insider selling patterns but contains no company operational details.
