Lind Martin Fredrik 4

What Happened
Lind Martin Fredrik, Principal Accounting Officer of Oatly Group AB (OTLY), sold 2,968 American Depositary Shares (ADSs) on 2026-06-02 at $8.96 per ADS, receiving $26,593. The sale was a sell-to-cover transaction executed automatically to satisfy tax withholding upon RSU vesting and was not a discretionary market trade.

Key Details

• Transaction date and price: 2026-06-02, sale at $8.96 per ADS. Total proceeds reported: $26,593. (Transaction code: S — Sale.)
• Reason for sale: Sell-to-cover to satisfy tax withholding obligations upon RSU vesting (footnote F1). The sale was automatic and not discretionary.
• RSU holdings and vesting (footnote F2): RSUs convert 1:1 to ADSs. 695 RSUs vest on 5/30/2027; 4,358 RSUs vest in two equal annual increments beginning 5/30/2027; 9,950 RSUs vest in three equal annual increments beginning 5/30/2027. RSUs carry no voting or dividend rights prior to vesting.
• Conversion note (footnote F3): Ordinary shares may be converted into ADSs at a 20-to-1 ratio at the reporting person’s election.
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Filing timeliness: Report filed 2026-06-03 for the 2026-06-02 transaction (appears timely under Form 4 reporting rules).

Context
This was a routine, automatic tax-withholding sale tied to RSU vesting rather than an intentional market-timing sale by the insider. Such sell-to-cover transactions are common when restricted stock units vest and do not necessarily indicate the insider’s view on the company’s outlook.