On Holding (NYSE: ONON) COO discloses Class A shares and RSUs
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
On Holding AG COO Scott Andrew Maguire filed an initial ownership report showing direct holdings in the company. He holds 2,795 Class A shares directly. In addition, he has multiple restricted stock unit (RSU) awards that can each convert into Class A shares as they vest.
One RSU award referenced in the filing was granted on June 23, 2025 and vests quarterly in one-twelfth installments ending on June 5, 2028. Two further RSU awards were granted on March 23, 2026 and April 1, 2026 and vest quarterly in one-twelfth installments ending on March 5, 2029. Each RSU represents a contingent right to receive one Class A share.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Maguire Scott Andrew
Role
COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Class A shares | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 13,964 shares (Direct, null);
Class A shares — 2,795 shares (Direct, null)
Footnotes (1)
- This award was granted on June 23, 2025 and vests quarterly in one-twelfth installments ending on 06/05/2028. Each restricted stock unit represents a contingent right to receive one share of the Issuer's class A shares. This award was granted on March 23, 2026 and vests quarterly in one-twelfth installments ending on 03/05/2029. This award was granted on April 1, 2026 and vests quarterly in one-twelfth installments ending on 03/05/2029.
Key Figures
Direct Class A share holdings: 2,795 shares
RSU underlying shares (grant 1): 6,257 shares
RSU underlying shares (grant 2): 20,402 shares
+3 more
6 metrics
Direct Class A share holdings
2,795 shares
Held directly by COO Scott Andrew Maguire
RSU underlying shares (grant 1)
6,257 shares
Restricted stock units referencing Class A shares
RSU underlying shares (grant 2)
20,402 shares
Restricted stock units referencing Class A shares
RSU underlying shares (grant 3)
13,964 shares
Restricted stock units referencing Class A shares
RSU grant date (award ending 2028)
June 23, 2025
Vests quarterly in one-twelfth installments to June 5, 2028
RSU grant dates (awards ending 2029)
March 23, 2026 & April 1, 2026
Each vests quarterly in one-twelfth installments to March 5, 2029
Key Terms
Class A shares, Restricted Stock Units, contingent right, vests quarterly in one-twelfth installments
4 terms
Restricted Stock Units financial
"In addition, he has multiple restricted stock unit (RSU) awards"
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.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share"
vests quarterly in one-twelfth installments financial
"vests quarterly in one-twelfth installments ending on June 5, 2028"
FAQ
What does On Holding (ONON) COO Scott Andrew Maguire report owning on this Form 3?
Scott Andrew Maguire reports direct ownership of 2,795 Class A shares of On Holding AG. He also holds several restricted stock unit (RSU) awards that can convert into Class A shares as they vest over future years.
How do the restricted stock units reported by ONON’s COO work?
The restricted stock units give a contingent right to receive one Class A share for each unit. These RSUs vest in quarterly one-twelfth installments over multi-year periods ending in 2028 and 2029, subject to the award terms.
Are there any buy or sell transactions in this ONON Form 3 filing?
No buy or sell transactions are shown. The filing lists initial holdings of Class A shares and outstanding restricted stock unit awards for the COO, rather than reporting new market purchases or sales of On Holding AG stock.
What are the key vesting dates for the ONON COO’s RSU awards?
One RSU award granted June 23, 2025 vests quarterly until June 5, 2028. Two additional awards granted March 23, 2026 and April 1, 2026 vest quarterly until March 5, 2029, according to the footnotes in the filing.
What does each RSU represent in On Holding (ONON) COO’s Form 3?
Each restricted stock unit represents a contingent right to receive one Class A share of On Holding AG. Actual share delivery depends on the RSUs satisfying their vesting conditions over the stated quarterly schedules.