On Holding (ONON) Director Dennis Durkin Receives Award

What Happened

• Dennis M. Durkin, a director of On Holding AG (ONON), was granted 2,064 restricted stock units (RSUs) on June 22, 2026. Per the filing, these RSUs vested immediately into Class A shares upon grant. The Form 4 lists the transaction as an award/acquisition (code A); no per-share price or total dollar value is provided.

Key Details

• Transaction date: June 22, 2026 (reported on Form 4 filed June 24, 2026).
• Transaction type/code: Grant/award (A) — 2,064 RSUs that vested into Class A shares; price shown as N/A.
• Shares owned after transaction: Not stated in the provided filing.
• Footnote: F1 — the 2,064 RSUs were granted and vested into Class A Shares immediately after the grant.
• Timeliness: Filed two days after the transaction date (appears timely under Form 4 rules).

Context

• This was an award that immediately converted to ordinary shares, not an open-market purchase or sale. Such grants are typically compensation or director awards; they are not direct signals of buying or selling intention. No cashless exercise, withholding, or sale was reported in this filing.