Oatly (OTLY) SVP Simon Broadbent receives 34,825 RSU award, updates holdings

Rhea-AI Filing Summary

Oatly Group AB senior vice president of operations and sustainability Simon Kenneth James Broadbent reported a compensation-related equity award. He received 34,825 ADS-settled restricted stock units (RSUs) on May 30, 2026 at no cash cost, classified as an acquisition grant.

The new RSUs vest in three equal annual installments beginning May 30, 2027, each RSU delivering one ADS with no voting or dividend rights before vesting. After this award, he holds 70,665 ADSs (including RSUs) directly, alongside 381,186 ordinary shares, which may be converted into ADSs at a 20‑to‑1 ratio at his election.

He also holds 11,666 stock options over ADSs with a $21.20 exercise price, vesting in three equal annual increments beginning May 30, 2025 and expiring five years after each relevant vesting date. The filing shows no open-market buys or sells; the main activity is this RSU grant and updated disclosure of his existing share and option holdings.

Insights

Equity compensation analyst

Filing shows a routine RSU grant with no open‑market trading.

Oatly granted SVP Simon Broadbent 34,825 ADS-settled RSUs on May 30, 2026 at no cash cost. This is standard equity compensation, spread over three annual vesting dates starting May 30, 2027, and does not involve market purchases or sales.

After this award, he directly holds 70,665 ADSs (including unvested RSUs), 381,186 ordinary shares, and stock options over 11,666 ADSs at a $21.20 exercise price. These positions indicate continued equity exposure to Oatly; the filing mainly updates holdings rather than signaling a change in sentiment.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Broadbent Simon Kenneth James

Role SVP Operations & Sust.

Type	Security	Shares	Price	Value
Grant/Award	ADSs	34,825	$0.00	--
holding	Stock Options	--	--	--
holding	Ordinary Shares	--	--	--

Holdings After Transaction: ADSs — 70,665 shares (Direct, null); Stock Options — 11,666 shares (Direct, null); Ordinary Shares — 381,186 shares (Direct, null)

Footnotes (1)

1. Reflects the grant of RSUs, which vest in three equal annual increments beginning 5/30/2027. Each RSU represents a right to receive one ADS in the Issuer. Includes RSUs, each RSU represents a right to receive one ADS in the Issuer. 667 RSUs vest on 5/30/2027, 20,336 RSUs will vest in two equal annual increments beginning 5/30/2027, and 34,825 RSUs will vest in three equal annual increments beginning 5/30/2027. There are no voting or dividend rights prior to vesting. Ordinary Shares may be converted into ADSs at a conversion ratio of 20-to-1, at the election of the Reporting Person. Each stock option represents a right to receive one ADS in the Issuer. The stock options vest in three equal annual increments beginning 5/30/2025. The stock options expire five years after the relevant vesting date.

Key Figures

RSU grant size: 34,825 RSUs ADS holdings after grant: 70,665 ADSs Ordinary share holdings: 381,186 ordinary shares +5 more

8 metrics

RSU grant size 34,825 RSUs ADS-settled RSUs granted May 30, 2026

ADS holdings after grant 70,665 ADSs Direct holdings including RSUs after transactions

Ordinary share holdings 381,186 ordinary shares Direct ordinary share position as disclosed

Stock options over ADSs 11,666 options Options each for one ADS, remaining position

Option exercise price $21.20 per ADS Exercise price of outstanding stock options

RSU vesting start May 30, 2027 RSUs vest in three equal annual increments from this date

Option vesting start May 30, 2025 Stock options vest in three equal annual increments from this date

Ordinary to ADS conversion 20-to-1 ratio Ordinary shares may be converted into ADSs at this ratio

Key Terms

RSUs, ADSs, stock options, conversion ratio, +1 more

5 terms

RSUs financial

"Reflects the grant of RSUs, which vest in three equal annual increments beginning 5/30/2027."

RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.

ADSs financial

"Each RSU represents a right to receive one ADS in the Issuer."

stock options financial

"The stock options vest in three equal annual increments beginning 5/30/2025."

Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.

conversion ratio financial

"Ordinary Shares may be converted into ADSs at a conversion ratio of 20-to-1."

The conversion ratio is the number of common shares an investor receives when a convertible security (like a bond or preferred share) or an exchangeable instrument is turned into ordinary stock. It matters because it tells investors how much ownership or dilution will occur — similar to knowing how many slices you get when you trade in a coupon — and directly affects the value you get from the convertible and the company’s future share count.

vesting financial

"34,825 RSUs will vest in three equal annual increments beginning 5/30/2027."

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Broadbent Simon Kenneth James

(Last) (First) (Middle)

ANGFARJEKAJEN 8

(Street)

MALMO SWEDEN 211 19

(City) (State) (Zip)

SWEDEN

(Country)

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

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

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP Operations & Sust.

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/30/2026

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

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

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

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
ADSs	05/30/2026		A(1)		34,825	A	$0	70,665(2)	D
Ordinary Shares(3)								381,186	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Options(4)	$21.2							(5)	(6)	ADSs	11,666		11,666	D

Explanation of Responses:

1. Reflects the grant of RSUs, which vest in three equal annual increments beginning 5/30/2027. Each RSU represents a right to receive one ADS in the Issuer.

2. Includes RSUs, each RSU represents a right to receive one ADS in the Issuer. 667 RSUs vest on 5/30/2027, 20,336 RSUs will vest in two equal annual increments beginning 5/30/2027, and 34,825 RSUs will vest in three equal annual increments beginning 5/30/2027. There are no voting or dividend rights prior to vesting.

3. Ordinary Shares may be converted into ADSs at a conversion ratio of 20-to-1, at the election of the Reporting Person.

4. Each stock option represents a right to receive one ADS in the Issuer.

5. The stock options vest in three equal annual increments beginning 5/30/2025.

6. The stock options expire five years after the relevant vesting date.

	Timothy Sjovall, pursuant to power of attorney	06/02/2026
	** 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 4 (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 4: SEC 1474 (03-26)

FAQ

What equity award did Oatly (OTLY) grant to Simon Broadbent in this Form 4?

Oatly granted Simon Broadbent 34,825 ADS-settled RSUs on May 30, 2026 at no cash cost. Each RSU delivers one ADS upon vesting, providing deferred equity-based compensation rather than immediate cash or an open-market share purchase.

How do the new RSUs for Oatly (OTLY) SVP Simon Broadbent vest?

The 34,825 RSUs granted to Simon Broadbent vest in three equal annual installments starting May 30, 2027. Until vesting, the RSUs carry no voting or dividend rights, aligning long-term incentives with Oatly’s future performance over several years.

What are Simon Broadbent’s total Oatly (OTLY) ADS holdings after this Form 4 filing?

After the award, Simon Broadbent holds 70,665 ADSs directly, including RSUs that each convert into one ADS upon vesting. He also holds 381,186 ordinary shares, which may be converted into ADSs at a 20‑to‑1 ratio at his election.

Did Simon Broadbent buy or sell Oatly (OTLY) shares on the market in this Form 4?

No open-market buys or sells are reported. The filing records a grant of 34,825 RSUs and updates on existing holdings. The RSU grant is compensation-based, not a discretionary stock purchase or sale in the public market.

What stock options over Oatly (OTLY) ADSs does Simon Broadbent hold?

He holds 11,666 stock options, each for one ADS, with a $21.20 exercise price. These options vest in three equal annual increments beginning May 30, 2025 and expire five years after each respective vesting date, providing additional long-term equity exposure.

How can Simon Broadbent’s Oatly (OTLY) ordinary shares be converted into ADSs?

His 381,186 ordinary shares may be converted into ADSs at a 20‑to‑1 ratio at his election. This means 20 ordinary shares can be exchanged for one ADS, giving flexibility in how his equity position is represented in U.S.-traded ADS form.