On Holding (ONON) COO sells 1,534 shares after RSU vesting and retains 5,032
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
On Holding AG COO Scott Andrew Maguire reported a mix of equity awards and a small share sale. On June 5, 2026, he acquired 3,771 Class A shares through derivative exercise/conversion at $0.0000 per share, reflecting vesting and settlement of restricted stock units at no additional cost.
Related RSU entries covered 521, 1,699 and 1,551 units, each representing a contingent right to one Class A share and vesting quarterly in 1/12 installments through June 5, 2028 and March 5, 2029. On June 8, 2026, he sold 1,534 Class A shares in an open-market transaction at an average price of $36.0842 per share. Following these transactions, he directly held 5,032 Class A shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,534 shares ($55,353)
Net Sell
5 txns
Insider
Maguire Scott Andrew
Role
COO
Sold
1,534 shs ($55K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A shares | 1,534 | $36.0842 | $55K |
| Exercise | Restricted Stock Units | 1,551 | $0.00 | -- |
| Exercise | Restricted Stock Units | 1,699 | $0.00 | -- |
| Exercise | Restricted Stock Units | 521 | $0.00 | -- |
| Exercise | Class A shares | 3,771 | $0.00 | -- |
Holdings After Transaction:
Class A shares — 5,032 shares (Direct, null);
Restricted Stock Units — 12,413 shares (Direct, null)
Footnotes (1)
- Shares acquired upon the vesting and settlement of restricted stock units at no additional cost. See Table II. Each restricted stock unit represents a contingent right to receive one share of the Issuer's class A shares. Granted 06/23/2025; vests quarterly in 1/12 installments ending 06/05/2028. Granted on 03/23/2026; vests quarterly in 1/12 installments ending 03/05/2029. Granted 04/01/2026; vests quarterly in 1/12 installments ending 03/05/2029.
Key Figures
Shares sold: 1,534 Class A shares
Sale price per share: $36.0842 per share
Shares acquired via exercise: 3,771 Class A shares
+4 more
7 metrics
Shares sold
1,534 Class A shares
Open-market sale on June 8, 2026
Sale price per share
$36.0842 per share
Class A shares sold June 8, 2026
Shares acquired via exercise
3,771 Class A shares
Derivative exercise/conversion on June 5, 2026 at $0.0000
Post-transaction holdings
5,032 Class A shares
Direct ownership after June 8, 2026 sale
RSU grant 1 size
1,699 restricted stock units
RSUs converting into Class A shares, granted March 23, 2026
RSU grant 2 size
1,551 restricted stock units
RSUs converting into Class A shares, granted April 1, 2026
RSU installment schedule
1/12 quarterly vesting
Grants vest through June 5, 2028 and March 5, 2029
Key Terms
Restricted Stock Units, derivative exercise/conversion, open-market sale, vests quarterly in 1/12 installments, +1 more
5 terms
Restricted Stock Units financial
"Shares acquired upon the vesting and settlement of restricted stock units at no additional cost."
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.
derivative exercise/conversion financial
"transaction_action: derivative exercise/conversion for acquisitions on June 5, 2026."
open-market sale financial
"transaction_action: open-market sale for 1,534 Class A shares on June 8, 2026."
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
vests quarterly in 1/12 installments financial
"Granted 06/23/2025; vests quarterly in 1/12 installments ending 06/05/2028."
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share of the Issuer's class A shares."
FAQ
What insider transactions did On Holding (ONON) COO Scott Maguire report?
Scott Maguire reported vesting-related acquisitions of Class A shares from restricted stock units and an open-market sale. On June 5, 2026 he gained shares via derivative exercises, then on June 8, 2026 he sold 1,534 Class A shares at an average price of $36.0842.
What equity did the On Holding (ONON) COO acquire through RSU vesting?
On June 5, 2026, Scott Maguire acquired 3,771 Class A shares at $0.0000 per share upon vesting and settlement of restricted stock units. Additional RSU entries for 521, 1,699 and 1,551 units each convert into one Class A share upon vesting.
How do the On Holding (ONON) COO’s RSUs vest over time?
The reported restricted stock units generally vest quarterly in 1/12 installments. One grant dated June 23, 2025 vests through June 5, 2028, while grants dated March 23, 2026 and April 1, 2026 vest through March 5, 2029, each unit converting into one Class A share.