Martin Hoffmann - 18 Mar 2026 Form 3 Insider Report for On Holding AG (ONON)

Role
CEO
Signature
/s/ Zlatina Iliev, Attorney-in-Fact
Issuer symbol
ONON
Transactions as of
18 Mar 2026
Net transactions value
$0
Form type
3
Filing time
18 Mar 2026, 11:59:03 UTC
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Hoffmann Martin CEO C/O ON HOLDING AG, FORRLIBUCKSTRASSE 190, ZURICH, SWITZERLAND /s/ Zlatina Iliev, Attorney-in-Fact 18 Mar 2026 0001860218

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding ONON Class A Shares 1,361,170 18 Mar 2026 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding ONON Class B Shares 18 Mar 2026 Class A Shares 1,625,000 Direct F1
holding ONON Non-Qualified Stock Option (Right to Buy) 18 Mar 2026 Class B Shares 1,051,966 $0.7730 Direct F1, F2
holding ONON Non-Qualified Stock Option (Right to Buy) 18 Mar 2026 Class A Shares 36,329 $7.73 Direct F2
holding ONON Non-Qualified Stock Option (Right to Buy) 18 Mar 2026 Class A Shares 211,054 $7.73 Direct F2
holding ONON Restricted Stock Units 18 Mar 2026 Class A Shares 122,539 Direct F3, F4
holding ONON Non-Qualified Stock Option (Right to Buy) 18 Mar 2026 Class B Shares 2,110,534 $0.7730 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Class B Shares are subject to transfer restrictions and rights of first refusal in favor of the other members of the Issuer's extended founder team pursuant to a shareholders' agreement. Upon the occurrence of certain individual or general sunset events specified in the shareholders' agreement, the Class B Shares are subject to mandatory conversion into Class A Shares within a specified timeframe. Conversion of Class B Shares into Class A Shares results in ten (10) Class B Shares being converted into one (1) Class A Share.
F2 Stock Option granted under the Issuer's Long Term Incentive Plan 2020 (the "LTIP 2020"). All options granted under the LTIP 2020 met their full vesting requirements in connection with the Issuer's initial public offering in September 2021, which constituted an exit event. Outstanding awards under the LTIP 2020 are fully vested and exercisable. Vested options may be exercised until the seventh anniversary of the contractual granting date.
F3 This award was granted on October 1, 2025 and vests on the following schedule: one-third of the shares on each of April 1, 2028, April 1, 2029, and April 1, 2030.
F4 Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Shares.