Ordonez Daniel Eduardo 4
Research Summary
AI-generated summary
Oatly (OTLY) COO Daniel Ordonez Receives RSU Award
What Happened
- Daniel Eduardo Ordonez, Global President & COO of Oatly Group AB (OTLY), received equity awards on 2026-05-30: a direct grant of 74,626 restricted stock units (RSUs) and a derivative award of 135,685 RSUs. Both grants were recorded at $0 (compensation awards), representing rights to receive American Depositary Shares (ADS) if and when the RSUs vest.
Key Details
- Transaction date: 2026-05-30; Filing date (Form 4): 2026-06-02.
- Price: $0.00 per RSU (awards/grants).
- Reported acquisition amounts: 74,626 RSUs (direct grant) and 135,685 RSUs (derivative), total 210,311 RSUs.
- Shares owned after transaction: Not disclosed in the provided filing details.
- Notable footnotes from the filing:
- F1: The 74,626 RSUs vest in three equal annual increments beginning 5/30/2027; each RSU converts to one ADS on vesting.
- F2: The 135,685 RSUs are RSUs (each convertible to one ADS). Per the footnote, 16,352 RSUs vest on 5/30/2027; 63,913 RSUs vest in two equal annual increments beginning 5/30/2027; and 74,626 RSUs vest in three equal annual increments beginning 5/30/2027. There are no voting or dividend rights prior to vesting.
- Additional footnotes in the filing reference standard option vesting and expiry schedules (F3–F6) for other awards.
- Timeliness: Filing appears timely (Form 4 filed 2026-06-02 for a 2026-05-30 transaction).
Context
- These are compensation awards (RSUs), not open-market purchases or sales. RSUs are derivative securities that convert to ADS upon vesting; they do not represent immediately tradable shares and carry no voting/dividend rights until vested.
- Such grants are common for senior executives as compensation and retention tools. They are informative about management compensation but do not by themselves imply buying or selling of current shares.