On Holding AG (ONON) executive Olivier discloses Class A and B holdings
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Bernhard Olivier
Role
Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class B Shares | -- | -- | -- |
| holding | Class A Shares | -- | -- | -- |
Holdings After Transaction:
Class B Shares — 11,562,084 shares (Direct);
Class A Shares — 5,103,184 shares (Direct)
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does the On Holding AG (ONON) Form 3 filing show for Bernhard Olivier?
The Form 3 filing shows that Bernhard Olivier, an executive officer and director of On Holding AG, reported his initial ownership of Class B Shares and 5,103,184 Class A Shares. This establishes his baseline stake as a company insider.
Does the On Holding AG (ONON) Form 3 indicate recent buying or selling by Bernhard Olivier?
The Form 3 primarily records existing ownership and shows holding entries, not explicit purchases or sales. It establishes Olivier’s positions in Class A and Class B Shares rather than reporting new market transactions.