Oatly (NASDAQ: OTLY) director Brok Martin discloses 53,951 ADSs and RSUs in Form 3

Rhea-AI Filing Summary

Oatly Group AB director Brok Martin reported his initial holdings in the company’s ADSs. The filing shows direct ownership of 53,951 ADSs, including 2,886 restricted stock units (RSUs). These RSUs will vest in full on the date of Oatly’s next annual general meeting if he continues serving as a director, and they carry no voting or dividend rights before vesting.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Brok Martin

Role Director

Type	Security	Shares	Price	Value
holding	ADSs	--	--	--

Holdings After Transaction: ADSs — 53,951 shares (Direct)

Footnotes (1)

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Understanding Insider Trading Forms →

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Brok Martin

(Last) (First) (Middle)

1000 REMINGTON BLVD

(Street)

BOLINGBROOK IL 60440

(City) (State) (Zip)

UNITED STATES

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
Oatly Group AB [ OTLY ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
ADSs(1)	53,951	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Includes RSUs, each RSU represents a right to receive one ADS in the Issuer. 2,886 RSUs will vest in full on the date of the Issuer's next annual general meeting, subject to the Reporting Person's continued service as a director through such vesting date. There are no voting or dividend rights prior to vesting.

	Timothy Sjovall, pursuant to power of attorney	03/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

FAQ

What does Oatly (OTLY) director Brok Martin report in this Form 3?

Brok Martin reports his initial beneficial ownership of Oatly ADSs. The filing lists 53,951 ADSs held directly, including 2,886 restricted stock units that vest at the next annual general meeting, subject to continued board service and without voting or dividend rights before vesting.

How many Oatly (OTLY) ADSs does Brok Martin beneficially own?

The Form 3 shows beneficial ownership of 53,951 Oatly ADSs. This total includes time-based restricted stock units that convert into ADSs upon vesting, giving a clear picture of his equity exposure as a director at the reporting date.

What are the terms of Brok Martin’s 2,886 Oatly RSUs?

The 2,886 RSUs each represent a right to receive one Oatly ADS. They will vest in full on the date of Oatly’s next annual general meeting, provided he continues serving as a director through that date, and they have no voting or dividend rights before vesting.

Does Brok Martin have voting rights on his unvested Oatly RSUs?

He does not have voting or dividend rights on the 2,886 unvested RSUs. These rights only arise once the RSUs vest into ADSs on the date of Oatly’s next annual general meeting, assuming he remains a director through that vesting date.

Is this Oatly (OTLY) Form 3 a buy or sell transaction?

This Form 3 is an initial ownership report, not a buy or sell trade. It discloses Brok Martin’s existing holdings of 53,951 ADSs, including 2,886 RSUs, rather than reporting a new purchase, sale, or option exercise in Oatly shares.