FMR LLC filed an amended beneficial ownership statement with the SEC on November 4, 2026, disclosing a 2.3% stake in On Holding AG Class A Common Stock as of September 30, 2026.

Key Highlights

  • Aggregate beneficial ownership: FMR LLC reported 6,881,298 shares of On Holding AG Class A Common Stock beneficially owned.
  • Percent of class: The 6,881,298 shares represent 2.3% of the outstanding Class A Common Stock.
  • Sole voting and dispositive power: FMR LLC holds sole voting power and sole dispositive power over all 6,881,298 shares, with no shared voting or dispositive power reported.
  • Abigail P. Johnson: Also named as a reporting person, Johnson is listed with 0 sole voting power but 6,881,298 shares of sole dispositive power, also representing 2.3% of the class.
  • Event date: The date of the event requiring this filing is stated as September 30, 2026.
  • Amendment number: This filing is Amendment No. 6 to a previously filed statement covering On Holding AG.

FMR LLC's Amended Position in On Holding AG as of September 30, 2026

FMR LLC, a Delaware-organized holding company with its principal business office at 245 Summer Street, Boston, Massachusetts 02210, filed Amendment No. 6 to its beneficial ownership statement covering the Class A Common Stock of On Holding AG (NYSE:ONON), a Swiss company headquartered at Forrlibuckstrasse 190, Zurich. On Holding AG is a performance sportswear and footwear company whose Class A shares carry CUSIP number H5919C104, as identified in the filing.

According to the filing, FMR LLC beneficially owns 6,881,298 shares, all of which are held with sole voting power and sole dispositive power. No shares are held with shared voting or shared dispositive power. Abigail P. Johnson is named as a co-reporting person; the filing attributes to her 6,881,298 shares of sole dispositive power and zero sole voting power, with the same 2.3% class percentage noted for FMR LLC.

The filing states that "one or more other persons are known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the CLASS A COMMON STOCK of ON HOLDING AG," but specifies that no single other person's interest exceeds 5% of the total outstanding Class A Common Stock. The statement was signed by Stephanie J. Brown, acting under a Power of Attorney, on behalf of both FMR LLC and Abigail P. Johnson, and dated November 4, 2026.

What Was Disclosed

FMR LLC and Abigail P. Johnson disclosed aggregate beneficial ownership of 6,881,298 Class A Common Stock shares of On Holding AG, representing 2.3% of the class, with the triggering event dated September 30, 2026, in this Amendment No. 6 filing.