On Holding Director Laura Miele Withholds 609 Shares for Taxes

What Happened
Laura Miele, a director of On Holding AG, had 609 shares withheld on September 24, 2026 to satisfy tax withholding tied to the release of restricted stock units (RSUs). The withheld shares were valued at $30.16 each, for a total of approximately $18,367. This was a withholding to cover tax obligations (transaction code F), not an open-market sale.

Key Details

• Transaction date: 2026-09-24; Filing date: 2026-09-28 (filed within the typical 2-business-day Form 4 window).
• Price per share: $30.16; Shares withheld/disposed: 609; Total value ≈ $18,367.
• Shares owned after the transaction: Not specified in the filing.
• Footnote: Shares were withheld at the reporting person's election to satisfy tax withholding from RSUs released on Sept 21, 2026; the transaction "does not represent a discretionary trade" (i.e., routine tax withholding).
• Transaction code: F = Payment of exercise price or tax liability (share withholding).

Context
This is a routine, non-discretionary tax-withholding event tied to RSU vesting (reported as granted Sept 21, 2026). Such withholdings are common and do not necessarily indicate the insider's market view; they simply cover tax obligations when restricted shares vest.