On Holding director granted 1,736 RSUs

On Holding AG director Laura Miele received a stock-based compensation award.

Rhea-AI Filing Summary

On Holding AG director Laura Miele received a stock-based compensation award. On June 22, 2026, she was granted 1,736 restricted stock units that immediately converted into Class A Shares at no cash cost. Following this grant and vesting, she directly holds a total of 9,330 Class A Shares.

Insider Trade Summary

Grant/Award: 1,736 shares

Grant/Award 1 txn

Insider Miele Laura

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Class A Shares	1,736	$0.00	$0.00

Holdings After Transaction: Class A Shares — 9,330 shares (Direct)

Footnotes (1)

1. F1. On June 22, 2026, the Reporting Person was granted 1,736 restricted stock units, which vested into Class A Shares immediately after the grant.

Key Figures

RSUs granted: 1,736 units Shares acquired from RSUs: 1,736 Class A Shares Total shares after transaction: 9,330 Class A Shares +1 more

4 metrics

RSUs granted 1,736 units Restricted stock units granted on June 22, 2026

Shares acquired from RSUs 1,736 Class A Shares Units vested immediately into Class A Shares

Total shares after transaction 9,330 Class A Shares Direct holdings following the June 22, 2026 grant

Reported price per share $0.0000 per share Compensation grant, not an open-market purchase

Key Terms

restricted stock units, Class A Shares, Grant, award, or other acquisition, Form 4

4 terms

restricted stock units financial

"the Reporting Person was granted 1,736 restricted stock units, which vested into Class A Shares"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

Class A Shares financial

"which vested into Class A Shares immediately after the grant"

Class A shares are one of a company’s distinct types of stock that come with a specific set of rights—commonly different voting power, dividend treatment, or transfer rules—defined in the company’s charter. Investors care because those rights affect control, income and resale value; like holding a seat at a table that has different rules or stronger chips than other seats, owning Class A changes how much influence and return you can expect.

Grant, award, or other acquisition financial

"transaction_code_description": "Grant, award, or other acquisition""

Form 4 regulatory

"INSIDER FILING DATA (Form 4):"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did On Holding AG (ONON) report for Laura Miele?

On Holding AG reported that director Laura Miele received 1,736 restricted stock units on June 22, 2026. These units vested immediately into Class A Shares as a stock-based compensation award, increasing her direct holdings to 9,330 Class A Shares after the transaction.

How many On Holding AG (ONON) shares did Laura Miele acquire in this Form 4?

Laura Miele acquired 1,736 Class A Shares in this transaction. The shares came from restricted stock units that vested immediately, rather than an open-market purchase, and were reported at a price per share of $0.0000 as compensation, not a cash transaction.

What are Laura Miele’s total On Holding AG (ONON) holdings after this grant?

After the June 22, 2026 grant and immediate vesting, Laura Miele directly holds 9,330 Class A Shares of On Holding AG. This figure reflects her updated position reported in the Form 4, incorporating the 1,736-share restricted stock unit award.

Was Laura Miele’s On Holding AG (ONON) transaction an open-market purchase or a grant?

The transaction was a grant of restricted stock units, not an open-market purchase. On June 22, 2026, she was granted 1,736 restricted stock units that vested immediately into Class A Shares, reported with a transaction price of $0.0000 per share as compensation.

What does the Form 4 footnote reveal about the On Holding AG (ONON) grant?

The footnote explains that on June 22, 2026, Laura Miele was granted 1,736 restricted stock units. These units vested into Class A Shares immediately after the grant, clarifying that the acquisition was part of equity compensation rather than a discretionary market trade.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/24/2026 - 05:55 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Miele Laura

(Last) (First) (Middle)

C/O ON HOLDING AG

FORRLIBUCKSTRASSE 190

(Street)

ZURICH 8005

(City) (State) (Zip)

SWITZERLAND

(Country)

2. Issuer Name and Ticker or Trading Symbol
On Holding AG [ ONON ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/22/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Shares	06/22/2026		A		1,736	A	(1)	9,330	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. On June 22, 2026, the Reporting Person was granted 1,736 restricted stock units, which vested into Class A Shares immediately after the grant.

	/s/ Zlatina Iliev, Attorney-in-Fact	06/24/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)