Oxford Industries (OXM) SVP Palakshappa Suraj A Receives RSU Award

What Happened

• Palakshappa Suraj A, Senior Vice President of Oxford Industries (OXM), was granted 6,000 restricted stock units (RSUs) on March 18, 2026. The RSUs were awarded at $0.00 (no cash purchase) as a derivative award under the company's long-term incentive plan and will convert into common shares if and when they vest.

Key Details

• Transaction date: 2026-03-18 (reported on Form 4 filed 2026-03-20).
• Grant: 6,000 restricted stock units (RSUs); grant price reported as $0.00 (typical for awards).
• Vesting: RSUs vest on June 1, 2029 (Footnote F2).
• Plan: Award granted under the Oxford Industries, Inc. Long-Term Stock Incentive Plan (Footnote F1).
• Shares owned after transaction: not disclosed in this filing.
• Filing timeliness: Reported two business days after the grant (filed timely).

Context

• RSU grants are a form of compensation/retention for executives; each RSU represents a contingent right to one share upon vesting. Such awards are common and do not represent an open-market purchase or sale by the insider. They should be viewed as part of executive pay rather than a direct buy/sell signal.