Oatly Group (OTLY) director reports 9,489 ADS and RSU stake

Rhea-AI Filing Summary

Oatly Group AB director Gregory Stephen Christenson filed an initial ownership report showing 9,489 ADSs. This amount includes 2,886 restricted stock units, each representing one ADS, that will vest in full on the date of Oatly’s next annual general meeting, provided he continues to serve as a director through that date. The RSUs carry no voting or dividend rights before they vest.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Christenson Gregory Stephen

Role Director

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

Holdings After Transaction: ADSs — 9,489 shares (Direct)

Footnotes (1)

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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

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Christenson Gregory Stephen

(Last) (First) (Middle)

500 WEST 5TH STREET

(Street)

AUSTIN TX 78701

(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)	9,489	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 Group AB (OTLY) director Gregory Christenson report owning on this Form 3?

Gregory Stephen Christenson reports beneficial ownership of 9,489 ADSs of Oatly Group AB. This total includes both currently held shares and unvested restricted stock units that convert into ADSs once vesting conditions are satisfied.

How many Oatly (OTLY) restricted stock units are reported by the director?

The filing shows 2,886 RSUs, with each RSU representing the right to receive one Oatly ADS. These RSUs are part of the director’s equity compensation and are subject to vesting based on his continued board service.

When will Gregory Christenson’s Oatly (OTLY) RSUs vest according to the filing?

The filing states that 2,886 RSUs will vest in full on the date of Oatly’s next annual general meeting. Vesting is conditioned on Christenson’s continued service as a director through that meeting date.

Do Oatly (OTLY) RSUs reported in this Form 3 have voting or dividend rights before vesting?

According to the disclosure, the RSUs have no voting or dividend rights before they vest. Only after vesting and conversion into ADSs would standard shareholder rights associated with those ADSs apply.

Is this Oatly (OTLY) Form 3 a new transaction or just an initial holdings report?

This Form 3 functions as an initial ownership report for director Gregory Christenson. It records his existing beneficial holdings, including RSUs, rather than disclosing a new purchase or sale transaction.