Broadbent Simon Kenneth James 4
Research Summary
AI-generated summary
Oatly (OTLY) SVP Simon Broadbent Sells 7,820 ADS
What Happened
Simon Kenneth James Broadbent, SVP Operations & Sustainability at Oatly Group AB (OTLY), sold 7,820 American Depositary Shares (ADSs) on 2026-06-02 at $8.95 per ADS, generating gross proceeds of $69,989. The sale was a disposition (code S) executed as a sell-to-cover to satisfy tax withholding obligations upon the vesting of RSUs and was automatic (non-discretionary).
Key Details
- Transaction date: 2026-06-02; Price: $8.95 per ADS; Total proceeds: $69,989.
- Transaction type: Sale (S); described in filing as a sell-to-cover for tax withholding (footnote F1).
- Shares owned after transaction: Not specified in the Form 4 provided.
- Relevant holdings/awards disclosed in footnotes:
- RSUs: total scheduled vesting — 667 RSUs vest 5/30/2027; 20,336 RSUs vest in two equal annual increments beginning 5/30/2027; 34,825 RSUs vest in three equal annual increments beginning 5/30/2027 (F2).
- Ordinary shares convert to ADSs at 20-to-1 if elected by the reporting person (F3).
- Stock options (each for one ADS) vest in three equal annual increments beginning 5/30/2025 and expire five years after vesting (F4–F6).
- Filing timeliness: Reported period 2026-06-02 and filed 2026-06-03 — filing appears timely (no late filing flag).
Context
This sale was a routine sell-to-cover to meet tax withholding from RSU vesting, per the filing (not a discretionary sale signaling a change in sentiment). For retail investors, purchases are normally more informative about insider conviction; this transaction primarily reflects compensation tax handling rather than an active market timing decision.
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