Durkin Dennis M 4
4 · On Holding AG · Filed Mar 26, 2026
Research Summary
AI-generated summary of this filing
On Holding (ONON) Director Dennis Durkin Receives 2,008-Share Award
What Happened
Dennis M. Durkin, a director of On Holding AG (ONON), was granted 2,008 restricted stock units (RSUs) on March 24, 2026 that vested immediately into Class A shares. The Form 4 reports the acquisition as an award/grant (code A); no per-share price or total dollar value is disclosed (reported as N/A). This transaction reflects a compensatory equity award rather than an open-market purchase or sale.
Key Details
- Transaction date: March 24, 2026; Form 4 filed March 26, 2026 (two days after the grant).
- Transaction type/code: Award/Grant (A) — 2,008 shares acquired; price reported as N/A.
- Footnote: The RSUs vested into Class A shares immediately after grant.
- Shares owned after the transaction: Not specified in the filing.
- No 10b5-1 plan, tax-withholding, or late-filing flag was disclosed in the filing.
Context
RSU grants that vest immediately are typically compensatory (director or employee pay) and result in direct receipt of company shares. Such awards are routine corporate compensation and do not on their own indicate insider buying or selling intent.
Insider Transaction Report
- Award
Class A Shares
[F1]2026-03-24+2,008→ 99,522 total
Footnotes (1)
- [F1]On March 24, 2026, the Reporting Person was granted 2,008 restricted stock units, which vested into Class A Shares immediately after the grant.