Oatly SVP auto-sells ADSs to cover RSU taxes
Oatly Group AB SVP Simon Broadbent reported an automatic sale of ADSs tied to RSU vesting.
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Form Type
4
Rhea-AI Filing Summary
Oatly Group AB SVP Simon Broadbent reported an automatic sale of ADSs tied to RSU vesting. On June 2, 2026, 7,820 ADSs were sold at $8.95 per ADS in a sell-to-cover transaction to satisfy tax withholding obligations, executed automatically and not as a discretionary trade.
Following this, he directly holds 62,845 ADSs and 381,186 ordinary shares, plus stock options for 11,666 ADSs at an exercise price of $21.20 and multiple unvested RSU grants scheduled to vest between May 30, 2027 and later dates.
Insider Trade Summary
Net Seller: 7,820 shares
Net Sell
3 txns
Insider
Broadbent Simon Kenneth James
Role
SVP Operations & Sust.
Sold
7,820 shs ($70K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | ADSs | 7,820 | $8.95 | $70K |
| holding | Stock Options | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
ADSs — 62,845 shares (Direct);
Stock Options — 11,666 contracts (Direct);
Ordinary Shares — 381,186 shares (Direct)
Footnotes (6)
- F1. The ADSs were sold pursuant to a sell to cover transaction to satisfy tax withholding obligations upon the vesting of RSUs. The sale was executed automatically pursuant to a sell to cover arrangement and does not represent a discretionary trade by the Reporting Person.
- F2. 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.
- F3. Ordinary Shares may be converted into ADSs at a conversion ratio of 20-to-1, at the election of the Reporting Person.
- F4. Each stock option represents a right to receive one ADS in the Issuer.
- F5. The stock options vest in three equal annual increments beginning 5/30/2025.
- F6. The stock options expire five years after the relevant vesting date.
Key Figures
ADSs sold: 7,820 ADSs
Sale price per ADS: $8.95 per ADS
ADS holdings after transaction: 62,845 ADSs
+5 more
8 metrics
ADSs sold
7,820 ADSs
Automatic sell-to-cover on June 2, 2026
Sale price per ADS
$8.95 per ADS
Tax-related sale for RSU withholding
ADS holdings after transaction
62,845 ADSs
Directly held following June 2, 2026 sale
Ordinary share holdings
381,186 ordinary shares
Directly held as of June 2, 2026
Stock options exercise price
$21.20 per ADS
Options for 11,666 ADSs, direct holding
Underlying ADSs from options
11,666 ADSs
Underlying shares for stock options held
Single RSU tranche
667 RSUs
Vest on May 30, 2027
Larger RSU grants
20,336 and 34,825 RSUs
Vest in 2 and 3 annual installments starting May 30, 2027
Key Terms
sell to cover, RSUs, ADSs, tax withholding obligations, +1 more
5 terms
sell to cover financial
"The ADSs were sold pursuant to a sell to cover transaction to satisfy tax withholding obligations"
Sell to cover is when a person who receives company stock through options or awards sells just enough shares immediately to pay required taxes, exercise costs, or fees, keeping the rest. Think of it like cashing part of a bonus to cover the tax bill so you can keep the remainder. For investors, it can create predictable small selling pressure and slightly change the number of shares actually held by insiders without increasing long‑term dilution.
RSUs financial
"Includes RSUs, each RSU represents a right to receive one ADS in the Issuer"
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
"Ordinary Shares may be converted into ADSs at a conversion ratio of 20-to-1"
tax withholding obligations financial
"sell to cover transaction to satisfy tax withholding obligations upon the vesting of RSUs"
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Oatly (OTLY) report for Simon Broadbent?
Oatly reported that SVP Simon Broadbent had 7,820 ADSs sold at $8.95 each. The sale was an automatic sell-to-cover transaction related to RSU vesting, used solely to satisfy tax withholding obligations rather than a discretionary market trade.
Was the Oatly (OTLY) insider sale by Simon Broadbent a discretionary trade?
No, the sale was not discretionary. The 7,820 ADSs were sold automatically under a sell-to-cover arrangement. This mechanism liquidates shares to pay tax withholding when RSUs vest, meaning the timing and size were driven by tax obligations, not trading decisions.
How many Oatly (OTLY) ADSs does Simon Broadbent hold after the reported sale?
After the transaction, Simon Broadbent directly holds 62,845 ADSs. This is in addition to his 381,186 ordinary shares and his unvested RSUs and stock options, indicating he retains a significant equity position in Oatly Group AB following the tax-related sale.
What RSU awards does Oatly (OTLY) executive Simon Broadbent have outstanding?
Simon Broadbent holds RSUs where each unit converts into one ADS. These include 667 RSUs vesting on May 30, 2027, 20,336 RSUs vesting in two equal annual installments from May 30, 2027, and 34,825 RSUs vesting in three equal annual installments starting May 30, 2027.
What stock options linked to Oatly (OTLY) ADSs does Simon Broadbent retain?
He retains stock options representing rights to receive 11,666 ADSs at an exercise price of $21.20 per ADS. These options vest in three equal annual increments beginning May 30, 2025, and expire five years after the relevant vesting date, if not exercised earlier.
How are Simon Broadbent’s Oatly (OTLY) RSUs structured regarding voting and dividend rights?
His RSUs provide a right to receive one ADS per unit upon vesting but carry no voting or dividend rights before vesting. This means economic and governance benefits only start once each RSU has vested and converted into an actual ADS in his name.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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