Wood Douglas B 4

What Happened

• Douglas B. Wood, CEO (Tommy Bahama), was granted 10,750 restricted stock units (RSUs) on March 18, 2026. The award is recorded as a derivative acquisition at $0.00 per unit (no cash paid at grant). These RSUs represent contingent rights to receive common shares in the future under the company’s Long‑Term Stock Incentive Plan.

Key Details

• Transaction date: 2026-03-18; Filing date: 2026-03-20 (filed two days after the transaction — timely).
• Transaction type/code: Grant/Award (A) of 10,750 RSUs; reported acquisition price $0.00.
• Shares owned after the transaction: Not specified in the provided filing information.
• Footnotes: F1—each RSU equals a contingent right to one share; F2—RSUs vest on June 1, 2029 and were granted under Oxford Industries, Inc. Long‑Term Stock Incentive Plan.
• No 10b5-1 plan, tax-withholding, or cashless issuance details were disclosed in the report.

Context

• RSUs are a form of long‑term compensation: they are derivative awards that convert to actual shares only if and when they vest (here, June 1, 2029). This is not a market buy or sell—it's a compensation grant, so it does not necessarily signal immediate insider buying or selling.