Chubb Thomas Caldecot III 4

What Happened
Thomas Caldecot (Tom) Chubb III, CEO and President of Oxford Industries (OXM), had 9,000 restricted stock units (RSUs) vest on May 29, 2026. The RSUs converted to 9,000 shares (reported as derivative conversion/exercise at $0.00). The company withheld 4,009 of those shares to satisfy tax withholding obligations at a reported per-share value of $44.62, totaling approximately $178,882, leaving Chubb with a net 4,991 shares issued to him. This was an issuance/vesting event and not an open-market purchase or sale.

Key Details

• Transaction date: May 29, 2026 (Period of Report); Form 4 filed June 2, 2026 — filing appears timely.
• Shares issued on vesting: 9,000 RSUs converted to shares (reported as code M, $0.00).
• Shares withheld for taxes: 4,009 shares at $44.62/share; total withholding ≈ $178,882 (code F).
• Net shares delivered to insider: 4,991 (9,000 − 4,009).
• Footnotes: RSUs granted under Oxford Industries, Inc. Long-Term Stock Incentive Plan; each RSU equals one share and vested on May 29, 2026 (F1–F4).
• Shares owned after transaction: not disclosed in the provided filing excerpt.

Context
This was a routine vesting of restricted stock units with shares withheld to cover tax obligations (a cashless-withholding mechanism), not an open-market sale or a new cash purchase. Reporting codes: M = exercise/conversion of derivative (conversion of RSUs to shares); F = shares withheld to satisfy tax withholding. Such vesting events are compensation-related and do not by themselves indicate insider market sentiment.