Oxford Industries SVP nets shares from RSU vesting
Oxford Industries SVP Suraj A. Palakshappa reported routine equity compensation activity.
Rhea-AI Filing Summary
Oxford Industries SVP Suraj A. Palakshappa reported routine equity compensation activity. On May 29, 2026, 2,000 restricted stock units vested and converted into an equal number of common shares under the company’s Long-Term Stock Incentive Plan. The company withheld 851 of these shares to cover tax obligations, which is not an open-market sale.
Earlier, on March 31, 2026, he acquired 347 common shares through the Employee Stock Purchase Plan at a 15% discount to the closing market price. Following these transactions, he directly holds 15,918 shares of Oxford Industries common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,000 shares exercised/converted
Exercise
4 txns
Insider
Palakshappa Suraj A
Role
SVP
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 2,000 | $0.00 | $0.00 |
| Exercise | Common Stock | 2,000 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 851 | $44.62 | $38K |
| Grant/Award | Common Stock | 347 | $32.734 | $11K |
Holdings After Transaction:
Restricted Stock Units — 11,200 contracts (Direct);
Common Stock — 15,918 shares (Direct)
Footnotes (5)
- F1. Purchase of shares under the Oxford Industries, Inc. Employee Stock Purchase Plan at a 15% discount on the closing market price on the last day of the purchase period.
- F2. Shares issued upon vesting of restricted share units granted by the Issuer pursuant to the Oxford Industries, Inc. Long-Term Stock Incentive Plan.
- F3. Represents shares withheld by the Issuer to satisfy tax withholding obligations upon vesting of restricted share units.
- F4. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock. The restricted stock units were granted by the Issuer pursuant to the Oxford Industries, Inc. Long-Term Stock Incentive Plan.
- F5. The restricted stock units vested on May 29, 2026.
Key Figures
RSUs vested: 2,000 units
Shares withheld for taxes: 851 shares
ESPP purchase: 347 shares
+3 more
6 metrics
RSUs vested
2,000 units
Restricted stock units vested on May 29, 2026
Shares withheld for taxes
851 shares
Withheld upon RSU vesting to satisfy tax obligations
ESPP purchase
347 shares
Purchased under Employee Stock Purchase Plan on March 31, 2026
Holding after transactions
15,918 shares
Directly held common stock following reported activity
Tax withholding reference price
$44.62 per share
Value used for 851-share tax withholding on May 29, 2026
ESPP purchase price
$32.734 per share
Price per share for 347-share ESPP acquisition
Key Terms
Restricted Stock Units, Employee Stock Purchase Plan, Long-Term Stock Incentive Plan, tax withholding obligations
4 terms
Restricted Stock Units financial
"security_title: "Restricted Stock Units" and footnote describing RSUs granted and vesting"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Employee Stock Purchase Plan financial
"Purchase of shares under the Oxford Industries, Inc. Employee Stock Purchase Plan at a 15% discount"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
Long-Term Stock Incentive Plan financial
"Restricted share units granted by the Issuer pursuant to the Oxford Industries, Inc. Long-Term Stock Incentive Plan"
tax withholding obligations financial
"Represents shares withheld by the Issuer to satisfy tax withholding obligations upon vesting of restricted share units"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Oxford Industries (OXM) disclose in this Form 4 for Suraj A. Palakshappa?
The Form 4 shows SVP Suraj A. Palakshappa had 2,000 restricted stock units vest into common shares and 851 shares withheld for taxes, plus an earlier acquisition of 347 shares through the Employee Stock Purchase Plan.
Were any of Suraj A. Palakshappa’s Oxford Industries (OXM) transactions open-market sales?
No, the disposition involved 851 shares withheld by Oxford Industries to satisfy tax obligations upon RSU vesting. This tax-withholding event is not an open-market sale and does not reflect a discretionary sale decision by the executive.
What equity awards vested for Oxford Industries (OXM) SVP Suraj A. Palakshappa?
2,000 restricted stock units vested on May 29, 2026, each converting into one Oxford Industries common share. These RSUs were granted under the company’s Long-Term Stock Incentive Plan and became part of his directly held share position.
AI-generated analysis. How Rhea-AI works. Not financial advice.
