Oatly director granted 29,962 ADS RSUs

Oatly Group AB director Eric Melloul received an equity award in the form of ADS-based RSUs.

Rhea-AI Filing Summary

Oatly Group AB director Eric Melloul received an equity award in the form of ADS-based RSUs. He was granted 29,962 ADSs on a zero-cost basis as a grant or award. According to the footnotes, 16,032 of these RSUs vested on May 31, 2026, and the remaining RSUs vest in connection with the company’s next annual general meeting, subject to his continued board service.

After this grant, Melloul directly holds 39,451 ADSs, including unvested RSUs that carry no voting or dividend rights before vesting, and 58,557 ordinary shares held directly. The ordinary shares may be converted into ADSs at a 20‑to‑1 ratio at his election.

Insider Trade Summary

Grant/Award: 29,962 shares

Grant/Award 2 txns

Insider Melloul Eric

Role Director

Type	Security	Shares	Price	Value
Grant/Award	ADSs	29,962	$0.00	$0.00
holding	Ordinary Shares	--	--	--

Holdings After Transaction: ADSs — 39,451 shares (Direct); Ordinary Shares — 58,557 shares (Direct)

Footnotes (3)

1. F1. Reflects the grant of RSUs. 16,032 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. 13,930 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.
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

RSU grant size: 29,962 ADSs ADS holdings after grant: 39,451 ADSs Vested RSUs: 16,032 RSUs +3 more

6 metrics

RSU grant size 29,962 ADSs Grant/award to director Eric Melloul

ADS holdings after grant 39,451 ADSs Total direct ADS holdings including RSUs after transaction

Vested RSUs 16,032 RSUs Vested on May 31, 2026

RSUs vesting at next AGM 13,930 RSUs Will vest on date of next annual general meeting

Ordinary share holdings 58,557 ordinary shares Directly held by Eric Melloul after reported transactions

Ordinary share to ADS ratio 20-to-1 Conversion ratio from ordinary shares to ADSs at holder’s election

Key Terms

RSUs, ADSs, annual general meeting, conversion ratio, +1 more

5 terms

RSUs financial

"Reflects the grant of RSUs. 16,032 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.

ADSs financial

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

annual general meeting financial

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

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

"13,930 RSUs will vest in full on the date of the Issuer's next annual general meeting"

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.

FAQ

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

What did Oatly (OTLY) director Eric Melloul receive in this Form 4 filing?

Eric Melloul received a grant of 29,962 ADS-based RSUs at no purchase price. These awards increase his direct ADS-related holdings and are part of his equity compensation as a director of Oatly Group AB.

How do the 29,962 RSUs for Oatly (OTLY) director vest?

Of the 29,962 RSUs, 16,032 vested on May 31, 2026. The remaining 13,930 RSUs will vest in full on the date of Oatly’s next annual general meeting, contingent on Melloul’s continued service as a director.

What are Eric Melloul’s ADS holdings in Oatly (OTLY) after this grant?

Following the RSU grant, Eric Melloul directly holds 39,451 ADSs, including unvested RSUs. These unvested RSUs do not provide voting or dividend rights until they vest and settle into ADSs of Oatly Group AB.

Does Eric Melloul have voting rights on all granted Oatly (OTLY) RSUs?

He does not have voting or dividend rights on unvested RSUs. The filing specifies that RSUs confer no voting or dividend rights before vesting, so such rights arise only once the RSUs vest and convert into ADSs.

How many ordinary shares of Oatly (OTLY) does Eric Melloul hold?

Eric Melloul holds 58,557 ordinary shares directly. The filing notes these ordinary shares may be converted into ADSs at a 20‑to‑1 ratio at his election, giving him flexibility in how his equity interest is held.

What is the conversion ratio between Oatly (OTLY) ordinary shares and ADSs?

Each ordinary share of Oatly can be converted into ADSs at a 20‑to‑1 ratio. This means twenty ordinary shares correspond to one ADS, and the reporting person can elect to convert ordinary shares into ADSs using this ratio.

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

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 06/02/2026 - 07:21 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^*

Melloul Eric

(Last) (First) (Middle)

111 5TH AVENUE 2ND FLOOR

(Street)

NEW YORK UNITED STATES NY 10003

(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)		29,962	A	$0	39,451(2)	D
Ordinary Shares(3)								58,557	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. 16,032 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. 13,930 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.

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)