Coppetti Caspar Felix 4

What Happened
Caspar Coppetti, Co-CEO and Director of On Holding AG (ONON), made two open-market purchases on May 14, 2026, acquiring a total of 60,000 shares. The filing reports 9,147 shares at a weighted average price of $35.97 (≈ $329,046) and 50,853 shares at a weighted average price of $36.75 (≈ $1,869,056), for an aggregate purchase of $2,198,102. These are purchases (code P), which are generally interpreted as insider buying rather than selling.

Key Details

• Transaction date: 2026-05-14 (filed with the SEC on 2026-05-15 — timely filing).
• Reported blocks:
  • 9,147 shares at weighted avg $35.97 (total ≈ $329,046); prices in this block ranged $35.38–$36.37 (Footnote F1).
  • 50,853 shares at weighted avg $36.75 (total ≈ $1,869,056); prices in this block ranged $36.38–$36.97 (Footnote F2).
• Total shares purchased: 60,000; total value: $2,198,102.
• Shares owned after the transaction: not specified in the provided Form 4 excerpt.
• Footnotes: reported prices are weighted averages across multiple executions; Coppetti offers to provide per-price breakdowns on request.
• Transaction code: P = Purchase (open-market/private purchase indicated).

Context
Executive open-market purchases are often watched by retail investors as a potential sign of insider confidence, but they do not by themselves prove future performance. These purchases were made across multiple executions at slightly different prices (see footnotes). For full context, check the complete Form 4 for Coppetti’s total holdings and any subsequent insider filings.