Ordonez Daniel Eduardo 4

What Happened
Daniel Eduardo Ordonez, Global President & COO of Oatly Group AB (OTLY), disposed of 39,066 American Depositary Shares (ADSs) on 2026-06-02 at $8.95 per ADS, for total proceeds of $349,641. The sale is reported as an S (sale) and was executed as a sell-to-cover to satisfy tax withholding tied to RSU vesting, not a discretionary trade.

Key Details

• Transaction date: 2026-06-02; Form 4 filed: 2026-06-03 (appears timely).
• Shares sold: 39,066 ADSs at $8.95 each; proceeds $349,641.
• Transaction type/code: Sale (S); footnote F1 indicates a sell-to-cover (tax withholding) — automatic, non-discretionary.
• Shares owned after transaction: Not disclosed in the supplied filing details.
• Notable holdings/awards (from filing footnotes):
  • Unvested RSUs equal to 154,891 ADS equivalents (16,352 RSUs vest 5/30/2027; 63,913 vest in two equal annual increments beginning 5/30/2027; 74,626 vest in three equal annual increments beginning 5/30/2027) — RSUs have no voting/dividend rights prior to vesting (F2).
  • The filing references stock options (each option = one ADS) with various vesting schedules and expiry terms (F3–F7); quantities not specified in the summary data provided.

Context

• Sell-to-cover transactions (F1) are routine administrative sales to cover tax obligations on vested awards and are generally considered different from discretionary insider selling.
• The sale does not necessarily indicate a change in the insider’s view of the company; it was executed to satisfy withholding for RSU vesting.
• For retail investors, purchases tend to carry more informational weight than administrative sales; this filing documents an administrative sale rather than a market-timed disposal.