On Holding AG executive reports share ownership
On Holding AG executive officer and director Bernhard Olivier filed an initial Form 3 reporting his ownership in the company.
Sentiment and the balance of points
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Rhea-AI Filing Summary
On Holding AG executive officer and director Bernhard Olivier filed an initial Form 3 reporting his ownership in the company. He holds Class B shares that are convertible into Class A Shares at a ratio of ten Class B Shares for one Class A Share, subject to transfer restrictions and potential mandatory conversion under a shareholders' agreement, and also directly holds 5,103,184 Class A Shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Holding | Class B Shares | -- | -- | -- |
| Holding | Class A Shares | -- | -- | -- |
Footnotes (1)
- 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.
FAQ
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What does the On Holding AG (ONON) Form 3 filing show for Bernhard Olivier?
Does the On Holding AG (ONON) Form 3 indicate recent buying or selling by Bernhard Olivier?
AI-generated analysis. How Rhea-AI works. Not financial advice.