Kelly Michelle M 4

What Happened

• Kelly Michelle M (CEO, Lilly Pulitzer) was granted 9,000 restricted stock units (RSUs) on March 18, 2026. The Form 4 reports the award as a derivative acquisition (transaction code A) at $0.00 per share (no cash paid at grant). Each RSU represents a contingent right to one share of Oxford Industries, Inc. common stock under the company’s Long-Term Stock Incentive Plan.

Key Details

• Transaction date: 2026-03-18; Form 4 filed: 2026-03-20 (timely filing).
• Amount: 9,000 RSUs; reported price: $0.00 (grant).
• Vesting: RSUs vest on June 1, 2029 (per filing footnote).
• Plan: Granted pursuant to the Oxford Industries, Inc. Long-Term Stock Incentive Plan.
• Shares owned after transaction: not specified in the provided filing.
• Transaction type: Award/grant of derivative securities (not an open-market buy or sale).

Context

• RSUs are a compensation award that convert to shares (or their cash value) only when they vest; they do not represent immediate stock purchases or sales. While awards align executive incentives with shareholder value over time, they do not by themselves signal a near-term bullish or bearish view. When the RSUs vest, shares may be issued (which can dilute existing shareholders) or otherwise settled per company plan.