RATHKE FRANCES G 4

What Happened

• Frances G. Rathke, a director of Oatly Group AB (OTLY), was granted 23,656 restricted stock units (RSUs) on May 30, 2026. The reported acquisition price is $0.00 (award/grant). According to the filing, 9,726 of those RSUs vested on May 31, 2026; the remaining 13,930 RSUs will vest in full on the date of the issuer's next annual general meeting, subject to continued service.

Key Details

• Transaction date: May 30, 2026; filing date (Form 4): June 2, 2026. Transaction code: A (award/grant).
• Number of RSUs granted: 23,656; vested on May 31, 2026: 9,726; remaining to vest at next AGM: 13,930.
• Price reported: $0.00 (awarded, not purchased).
• Each RSU represents a right to receive one American Depositary Share (ADS) in the issuer. Footnotes state there are no voting or dividend rights prior to vesting and vesting of the remainder is conditioned on continued service.
• The filing does not state the total number of ADSs/RSUs Rathke owns following these transactions.

Context

• RSU awards are compensation grants, not open-market purchases or sales; vested RSUs typically convert into ADSs per company practice, but this filing does not detail settlement timing or tax withholding. Director awards are common for compensation/retention and do not by themselves indicate a buy or sell decision in the market.