Oatly CEO granted 74,626 RSUs, 135,685 options

Oatly Group AB Chief Executive Officer Jean-Christophe Marie Flatin reported new equity awards and updated holdings.

Rhea-AI Filing Summary

Oatly Group AB Chief Executive Officer Jean-Christophe Marie Flatin reported new equity awards and updated holdings. He received a grant of 74,626 restricted stock units (RSUs), each representing one American Depositary Share (ADS), which vest in three equal annual installments beginning on 5/30/2027.

His direct ADS holdings increased to 247,334 following this RSU grant, including previously granted RSUs with staggered vesting dates through 5/30/2027. He also received 135,685 stock options with an exercise price of $10.05 per ADS that vest in three equal annual installments beginning on 5/30/2027 and expire seven years after the grant date.

Separate stock option positions remain outstanding, covering 81,328 ADSs at an exercise price of $35.20 and 73,584 ADSs at $21.20, each option representing the right to receive one ADS. These other options vest in three equal annual increments beginning on 5/30/2024 and 5/30/2025, respectively.

Insider Trade Summary

Grant/Award: 210,311 shares

Grant/Award 4 txns

Insider Flatin Jean-Christophe Marie

Role Chief Executive Officer

Type	Security	Shares	Price	Value
Grant/Award	Stock Options	135,685	$0.00	$0.00
Grant/Award	ADSs	74,626	$0.00	$0.00
holding	Stock Options	--	--	--
holding	Stock Options	--	--	--

Holdings After Transaction: Stock Options — 290,597 contracts for 154,912 underlying shares (Direct); ADSs — 247,334 shares (Direct)

Footnotes (8)

1. F1. 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. F2. Includes RSUs, each RSU represents a right to receive one ADS in the Issuer. 5,856 RSUs vest on 6/28/2026, 16,352 RSUs will vest on 5/30/2027, 63,913 RSUs will vest in two equal annual increments beginning 5/30/2027, and 74,626 RSUs will vest in three equal annual increments beginning 5/30/2027. There are no voting or dividend rights prior to vesting.
3. F3. Each stock option represents a right to receive one ADS in the Issuer.
4. F4. The stock options vest in three equal annual increments beginning 5/30/2027.
5. F5. The stock options expire seven years after the grant date.
6. F6. The stock options vest in three equal annual increments beginning 5/30/2025.
7. F7. The stock options expire five years after the relevant vesting date.
8. F8. The stock options vest in three equal annual increments beginning 5/30/2024.

Key Figures

New RSU grant: 74,626 ADSs New stock options: 135,685 options at $10.05 ADS holdings after grant: 247,334 ADSs +4 more

7 metrics

New RSU grant 74,626 ADSs RSUs vesting in three equal annual increments beginning 5/30/2027

New stock options 135,685 options at $10.05 Options vesting in three equal annual increments beginning 5/30/2027

ADS holdings after grant 247,334 ADSs Total direct ADS position following 74,626 RSU grant

Existing options at $35.20 81,328 underlying ADSs Stock options, each representing right to receive one ADS

Existing options at $21.20 73,584 underlying ADSs Stock options, each representing right to receive one ADS

RSUs vesting 6/28/2026 5,856 RSUs Previously granted RSUs vesting on 6/28/2026

Additional RSUs 5/30/2027 16,352 RSUs Previously granted RSUs vesting on 5/30/2027

Key Terms

RSUs, ADSs, Stock Options, vesting, +1 more

5 terms

RSUs financial

"Reflects the grant of RSUs, which vest in three equal annual increments"

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

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

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.

vesting financial

"The stock options 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.

expiration financial

"The stock options expire seven years after the grant date"

FAQ

What did Oatly (OTLY) CEO Jean-Christophe Marie Flatin receive in this Form 4?

Oatly’s CEO received new equity awards: 74,626 restricted stock units (RSUs) and 135,685 stock options. Each RSU represents one ADS, and each option gives the right to buy one ADS at a set exercise price.

How many Oatly (OTLY) ADSs does the CEO hold after these transactions?

After the reported transactions, the CEO holds 247,334 ADSs directly. This figure includes previously granted RSUs plus the new 74,626 RSU grant that will settle in ADSs as vesting conditions are met over time.

What are the vesting terms of the new RSUs granted to Oatly’s CEO?

The 74,626 RSUs granted to the CEO vest in three equal annual installments starting on May 30, 2027. Each RSU converts into one ADS upon vesting, and there are no voting or dividend rights attached before vesting.

What stock options were granted to the Oatly (OTLY) CEO in this filing?

The CEO was granted 135,685 stock options with an exercise price of $10.05 per ADS. These options vest in three equal annual installments beginning May 30, 2027, and expire seven years after the grant date, according to the disclosed terms.

What other stock option positions does the Oatly CEO still hold?

He holds options over 81,328 ADSs at a $35.20 exercise price and 73,584 ADSs at $21.20. These options vest in three equal annual installments beginning May 30, 2024 and May 30, 2025, respectively, and each option covers one ADS.

Do the RSUs granted to Oatly’s CEO carry voting or dividend rights before vesting?

The RSUs do not carry voting or dividend rights before vesting. Each RSU simply represents a right to receive one ADS in the future once the specified vesting schedule and conditions have been satisfied.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/02/2026 - 07:26 PM Learn about SEC filing dates

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^*

Flatin Jean-Christophe Marie

(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)
	Chief Executive Officer

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)		74,626	A	$0	247,334(2)	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(3)	$10.05	05/30/2026		A		135,685		(4)	(5)	ADSs	135,685	$0	135,685	D
Stock Options(3)	$21.2							(6)	(7)	ADSs	73,584		73,584	D
Stock Options(3)	$35.2							(8)	(7)	ADSs	81,328		81,328	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. 5,856 RSUs vest on 6/28/2026, 16,352 RSUs will vest on 5/30/2027, 63,913 RSUs will vest in two equal annual increments beginning 5/30/2027, and 74,626 RSUs will vest in three equal annual increments beginning 5/30/2027. There are no voting or dividend rights prior to vesting.

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

4. The stock options vest in three equal annual increments beginning 5/30/2027.

5. The stock options expire seven years after the grant date.

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

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

8. The stock options vest in three equal annual increments beginning 5/30/2024.

	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)