Oatly grants 9,950 ADS RSUs to accounting chief

Oatly Group AB reported that Principal Accounting Officer Martin Fredrik Lind received a grant of 9,950 restricted stock units (RSUs), each representing one ADS.

Rhea-AI Filing Summary

Oatly Group AB reported that Principal Accounting Officer Martin Fredrik Lind received a grant of 9,950 restricted stock units (RSUs), each representing one ADS. The grant was recorded at a price of $0.00 per ADS, indicating a compensation-related award rather than a market purchase.

The RSUs vest in three equal annual installments beginning on May 30, 2027. Following this grant, Lind’s direct ADS-related position, including RSUs, totals 21,056 ADSs, and he also directly holds 216,000 Ordinary Shares, which may be converted into ADSs at a 20-to-1 ratio at his election.

Insider Trade Summary

Grant/Award: 9,950 shares

Grant/Award 2 txns

Insider Lind Martin Fredrik

Role Principal Accounting Officer

Type	Security	Shares	Price	Value
Grant/Award	ADSs	9,950	$0.00	$0.00
holding	Ordinary Shares	--	--	--

Holdings After Transaction: ADSs — 21,056 shares (Direct); Ordinary Shares — 216,000 shares (Direct)

Footnotes (3)

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. 695 RSUs will vest on 5/30/2027, 4,358 RSUs will vest in two equal annual increments beginning 5/30/2027, and 9,950 RSUs will vest in three equal annual increments beginning 5/30/2027. There are no voting or dividend rights prior to vesting.
3. F3. Ordinary Shares may be converted into ADSs at a conversion ratio of 20-to-1, at the election of the Reporting Person.

Key Figures

RSUs granted: 9,950 ADS-equivalent RSUs Grant price: $0.00 per ADS ADS holdings after grant: 21,056 ADSs +3 more

6 metrics

RSUs granted 9,950 ADS-equivalent RSUs Grant to Principal Accounting Officer on May 30, 2026

Grant price $0.00 per ADS Compensation-related RSU award, not a market purchase

ADS holdings after grant 21,056 ADSs Total direct ADS-related position including RSUs following transactions

Ordinary Shares held 216,000 Ordinary Shares Directly held; convertible into ADSs at 20-to-1

Conversion ratio 20 Ordinary Shares per 1 ADS Elective conversion by the reporting person

Earliest vesting date May 30, 2027 First installment for multiple RSU awards

Key Terms

RSUs, ADSs, vesting, 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."

vesting financial

"RSUs, which 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.

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.

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 did Oatly (OTLY) disclose in this Form 4 for Martin Fredrik Lind?

Oatly reported a compensation-related grant of 9,950 RSUs to Principal Accounting Officer Martin Fredrik Lind. Each RSU represents one ADS, with no cash paid, and the award increases his overall ADS-related holdings as disclosed in the filing.

How many Oatly (OTLY) ADS RSUs were granted to the principal accounting officer?

The filing shows a grant of 9,950 restricted stock units, each representing one Oatly ADS. These RSUs vest in three equal annual installments starting May 30, 2027, providing the officer with staged equity compensation over several years.

What is the vesting schedule for the new Oatly (OTLY) RSU grant?

The 9,950 newly granted RSUs vest in three equal annual increments beginning on May 30, 2027. Additional previously granted RSUs of 695 and 4,358 units have separate vesting patterns, creating a laddered vesting profile for the officer’s equity awards.

What are Martin Fredrik Lind’s Oatly (OTLY) ADS holdings after this Form 4?

After the RSU grant, Lind’s direct ADS-related holdings total 21,056 ADSs, including RSUs. This reflects all ADSs and RSUs reported in the filing and shows his consolidated equity exposure in the company’s American depositary shares.

Can Oatly (OTLY) Ordinary Shares held by Martin Fredrik Lind be converted into ADSs?

Yes. The filing states his Ordinary Shares may be converted into ADSs at a 20-to-1 ratio, at his election. He directly holds 216,000 Ordinary Shares, which provides flexibility in how his ownership is represented in the market.

Are there any voting or dividend rights on Oatly (OTLY) RSUs before vesting?

The RSUs provide no voting or dividend rights before vesting. They represent only a right to receive one ADS per unit upon vesting, meaning economic and governance rights arise later when ADSs are actually delivered.

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

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Accepted by SEC EDGAR 06/02/2026 - 07:24 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^*

Lind Martin Fredrik

(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)
	Principal Accounting 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)		9,950	A	$0	21,056(2)	D
Ordinary Shares(3)								216,000	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, 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. 695 RSUs will vest on 5/30/2027, 4,358 RSUs will vest in two equal annual increments beginning 5/30/2027, and 9,950 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.

	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)