On Holding director granted 2,064 Class A shares

Perez Alexandre reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Perez Alexandre reported acquisition or exercise transactions in this Form 4 filing.

On Holding AG director Alexandre Perez received a stock-based award. On June 22, 2026, he was granted 2,064 restricted stock units that immediately vested into Class A Shares at no cash cost to him. Following this compensation grant, he directly holds 9,775,182 Class A Shares.

Insider Trade Summary

Grant/Award: 2,064 shares

Grant/Award 1 txn

Insider Perez Alexandre

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Class A Shares	2,064	$0.00	$0.00

Holdings After Transaction: Class A Shares — 9,775,182 shares (Direct)

Footnotes (1)

1. F1. On June 22, 2026, the Reporting Person was granted 2,064 restricted stock units, which vested into Class A Shares immediately after the grant.

Key Figures

RSU grant: 2,064 shares Grant price: $0.00 per share Holdings after transaction: 9,775,182 shares +2 more

5 metrics

RSU grant 2,064 shares Restricted stock units granted on June 22, 2026

Grant price $0.00 per share Reported transaction price for the RSU award

Holdings after transaction 9,775,182 shares Class A Shares directly held by Alexandre Perez after award

Transaction code A Grant, award, or other acquisition of non-derivative securities

Transaction date June 22, 2026 Date RSUs were granted and vested into Class A Shares

Key Terms

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

4 terms

restricted stock units financial

"was granted 2,064 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

"restricted stock units, 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.

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.

Grant, award, or other acquisition financial

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

FAQ

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

What insider transaction did On Holding (ONON) report for Alexandre Perez?

On Holding reported that director Alexandre Perez received 2,064 restricted stock units on June 22, 2026. These units vested immediately into Class A Shares as a compensation award, increasing his directly held stake in the company.

How many On Holding (ONON) shares does Alexandre Perez hold after this Form 4?

After the June 22, 2026 award, Alexandre Perez directly holds 9,775,182 Class A Shares of On Holding. This total reflects the addition of 2,064 shares that resulted from the immediately vesting restricted stock unit grant.

Was the On Holding (ONON) transaction a market purchase or a stock award?

The transaction was a stock award, not a market purchase. Alexandre Perez received 2,064 restricted stock units at a reported price of $0.00 per share, which vested immediately into Class A Shares as part of his compensation.

What does the transaction code "A" mean in the On Holding (ONON) Form 4?

In this Form 4, transaction code "A" stands for a grant, award, or other acquisition. It indicates Alexandre Perez acquired 2,064 restricted stock units that converted into Class A Shares as a compensation-related award from On Holding.

Did Alexandre Perez use a trading plan for this On Holding (ONON) transaction?

The transaction reflects a one-time compensation grant of 2,064 restricted stock units that vested immediately. The available details describe it as a grant and do not characterize it as an open-market trade or planned selling activity.

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

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Accepted by SEC EDGAR 06/24/2026 - 05:53 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^*

Perez Alexandre

(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		2,064	A	(1)	9,775,182	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 2,064 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)