GRASSMYER SCOTT 4
Research Summary
AI-generated summary
Oxford Industries (OXM) EVP Scott Grassmyer Receives 13,000-Share Award
What Happened Scott Grassmyer, Executive Vice President of Oxford Industries (OXM), received a grant of 13,000 restricted stock units (RSUs) on March 18, 2026. The RSUs were awarded at $0.00 per share (reported value $0 on the Form 4) and are a derivative award that entitles him to one share of common stock per RSU upon vesting.
Key Details
- Transaction date: 2026-03-18 (reported on Form 4 filed 2026-03-20). Transaction code: A (award/grant).
- Quantity and price: 13,000 RSUs @ $0.00 (total reported value $0).
- Vesting: RSUs vest on June 1, 2029 (footnote F2).
- Nature of award: Each RSU is a contingent right to one share under the Oxford Industries, Inc. Long-Term Stock Incentive Plan (footnote F1).
- Shares owned after transaction: Not specified in the filing.
- Timeliness: Filing appears timely (Form 4 filed two days after the grant date).
Context RSU grants are compensation awards that convert to shares only if and when vesting conditions are met; they do not represent immediate share ownership or an open-market purchase. Such awards are common for executive long-term incentives and should be viewed as part of pay/retention strategy rather than a direct buy/sell signal.