On Holding (NYSE: ONON) CEO details share, option and RSU holdings
Rhea-AI Filing Summary
On Holding AG CEO Martin Hoffmann has filed an initial statement of his equity interests in the company. He reports direct ownership of 1,361,170 Class A Shares and 1,625,000 Class B Shares, with the Class B Shares subject to transfer restrictions and a shareholders' agreement that can require their conversion into Class A Shares at a rate of ten Class B Shares for one Class A Share.
He also holds several fully vested non-qualified stock options granted under the 2020 long-term incentive plan, including options over 1,051,966 and 2,110,534 Class B Shares at an exercise price of 0.7730, and options over 36,329 and 211,054 Class A Shares at 7.7300. In addition, he holds 122,539 restricted stock units, each representing a contingent right to receive one Class A Share, with one award granted on October 1, 2025 that vests in three equal annual installments beginning April 1, 2028. The filing reflects existing holdings and awards rather than new market transactions.
Positive
- None.
Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class B Shares | -- | -- | -- |
| holding | Non-Qualified Stock Option (Right to Buy) | -- | -- | -- |
| holding | Non-Qualified Stock Option (Right to Buy) | -- | -- | -- |
| holding | Non-Qualified Stock Option (Right to Buy) | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Non-Qualified Stock Option (Right to Buy) | -- | -- | -- |
| holding | Class A Shares | -- | -- | -- |
Footnotes (4)
- F1. The Class B Shares are subject to transfer restrictions and rights of first refusal in favor of the other members of the Issuer's extended founder team pursuant to a shareholders' agreement. Upon the occurrence of certain individual or general sunset events specified in the shareholders' agreement, the Class B Shares are subject to mandatory conversion into Class A Shares within a specified timeframe. Conversion of Class B Shares into Class A Shares results in ten (10) Class B Shares being converted into one (1) Class A Share.
- F2. Stock Option granted under the Issuer's Long Term Incentive Plan 2020 (the "LTIP 2020"). All options granted under the LTIP 2020 met their full vesting requirements in connection with the Issuer's initial public offering in September 2021, which constituted an exit event. Outstanding awards under the LTIP 2020 are fully vested and exercisable. Vested options may be exercised until the seventh anniversary of the contractual granting date.
- F3. This award was granted on October 1, 2025 and vests on the following schedule: one-third of the shares on each of April 1, 2028, April 1, 2029, and April 1, 2030.
- F4. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Shares.
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