Oatly director awarded 25,646 ADS RSUs

Brok Martin reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Brok Martin reported acquisition or exercise transactions in this Form 4 filing.

Oatly Group AB director Martin Brok received a grant of 25,646 ADSs in the form of restricted stock units (RSUs). The grant was recorded at a price of $0.00 per ADS, consistent with equity compensation awards rather than an open‑market purchase.

According to the terms, 9,726 RSUs vested on May 31, 2026, and the remaining 15,920 RSUs are scheduled to vest in connection with Oatly’s next annual general meeting, subject to his continued service as a director through that date. Each RSU represents a right to receive one ADS, with no voting or dividend rights before vesting. After this grant, Brok’s direct holdings, including RSUs, total 79,597 ADSs.

Insider Trade Summary

Grant/Award: 25,646 shares

Grant/Award 1 txn

Insider Brok Martin

Role Director

Type	Security	Shares	Price	Value
Grant/Award	ADSs	25,646	$0.00	$0.00

Holdings After Transaction: ADSs — 79,597 shares (Direct)

Footnotes (2)

1. F1. Reflects the grant of RSUs. 9,726 RSUs vested on May 31, 2026, and the remainder of the RSUs vest in connection with the Issuer's next annual general meeting. 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. 15,920 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.

Key Figures

RSUs granted: 25,646 ADSs RSUs vested: 9,726 ADSs RSUs to vest: 15,920 ADSs +2 more

5 metrics

RSUs granted 25,646 ADSs Equity award to director Martin Brok on May 30, 2026

RSUs vested 9,726 ADSs Portion of grant vested on May 31, 2026

RSUs to vest 15,920 ADSs Scheduled to vest at next annual general meeting

Post-grant holdings 79,597 ADSs Total direct holdings for Martin Brok after transaction

Grant price $0.00 per ADS Indicates compensatory RSU award, not market purchase

Key Terms

ADSs, RSUs, annual general meeting, dividend rights

4 terms

ADSs financial

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

RSUs financial

"Reflects the grant of RSUs. 9,726 RSUs vested on May 31, 2026,"

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.

annual general meeting financial

"the remainder of the RSUs vest in connection with the Issuer's next annual general meeting."

dividend rights financial

"There are no voting or dividend rights prior to vesting."

Dividend rights are a shareholder’s entitlement to receive a portion of a company’s profits when the board declares a payout, similar to having a ticket that lets you take a slice of a shared pie. These rights determine who gets paid, how much and in what order (different share classes can have priority), so they matter to investors because they affect expected income, trade value and how quickly cash returns to owners.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Oatly Group AB (OTLY) report for Martin Brok?

Oatly Group AB reported that director Martin Brok received a grant of 25,646 ADSs in the form of RSUs. The award is equity compensation, not an open-market purchase, and increases his total direct holdings, including RSUs, to 79,597 ADSs.

How many Oatly (OTLY) RSUs granted to Martin Brok vested immediately?

Out of the 25,646 RSUs granted to Martin Brok, 9,726 vested on May 31, 2026. The remaining 15,920 RSUs are scheduled to vest in connection with Oatly’s next annual general meeting, assuming he continues serving as a director through that date.

When will the remaining Oatly (OTLY) RSUs for Martin Brok vest?

The remaining 15,920 RSUs granted to Martin Brok will vest in full on the date of Oatly’s next annual general meeting. This vesting is conditional on his continued service as a director through that meeting, as specified in the award terms.

What do Oatly (OTLY) RSUs granted to Martin Brok represent?

Each restricted stock unit (RSU) granted to Martin Brok represents the right to receive one Oatly ADS. The RSUs carry no voting or dividend rights before vesting, meaning economic and governance benefits arise only once the units have vested and converted into ADSs.

What is Martin Brok’s total Oatly (OTLY) ADS holding after this RSU grant?

After the RSU grant, Martin Brok’s direct holdings, including RSUs, total 79,597 ADSs of Oatly Group AB. This figure combines already-held ADSs with the new award and reflects the position reported following the May 30, 2026 transaction date.

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

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Accepted by SEC EDGAR 06/02/2026 - 07:19 PM EDT 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^*

Brok Martin

(Last) (First) (Middle)

1000 REMINGTON BLVD

(Street)

BOLINGBROOK UNITED STATES IL 60440

(City) (State) (Zip)

UNITED STATES

(Country)

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

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

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

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)		25,646	A	$0	79,597(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

Explanation of Responses:

1. Reflects the grant of RSUs. 9,726 RSUs vested on May 31, 2026, and the remainder of the RSUs vest in connection with the Issuer's next annual general meeting. 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. 15,920 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	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)