On Holding (ONON) Director Amy Banse Receives Award of 2,433 Shares

What Happened

• Amy Banse, a director of On Holding AG (ticker: ONON), was granted 2,433 restricted stock units (RSUs) on September 21, 2026. Per the filing footnote, those RSUs vested immediately and converted into 2,433 Class A shares, resulting in an acquisition reported on Form 4. The report lists the transaction as an award/grant (code A); no per-share price or total dollar value is provided in the filing.

Key Details

• Transaction date: September 21, 2026 (grant and immediate vesting)
• Filing date (Form 4): September 23, 2026 — appears timely (within the usual two-business-day window)
• Shares acquired: 2,433 Class A shares (via RSU vesting)
• Price/value: Not disclosed (listed as N/A); market value can be approximated using ONON’s share price on 2026-09-21
• Shares owned after transaction: Not specified in the filing
• Footnote: Confirms 2,433 RSUs were granted and vested into Class A shares immediately after the grant
• No 10b5-1 plan, tax-withholding, or late-filing flags noted in the provided filing data

Context

• This was a compensation-related award (RSU grant that vested), not an open-market buy or sale. Such awards reflect compensation or board-related equity programs and are not direct signals of buying/selling intent by the insider. RSU vesting results in immediate ownership of shares (no option exercise required) and is commonly subject to tax and possible withholding, though no withholding was reported here.