Oxford Industries (NYSE: OXM) SVP & CHRO awarded 5,500 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hernandez Tracey reported acquisition or exercise transactions in this Form 4 filing.
Oxford Industries, Inc. senior vice president and chief human resources officer Tracey Hernandez received a grant of 5,500 restricted stock units tied to the company’s common stock. Each unit represents the right to receive one share if vesting conditions are met, with these units scheduled to vest on June 1, 2029. Following this award, Hernandez is reported as holding 12,500 restricted stock units in total, reflecting a compensation-based equity grant rather than an open-market share purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hernandez Tracey
Role
SVP & CHRO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 5,500 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 12,500 shares (Direct)
Footnotes (1)
- 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. The restricted stock units vest on June 1, 2029.
FAQ
What insider transaction did OXFORD INDUSTRIES INC (OXM) report for Tracey Hernandez?
OXFORD INDUSTRIES INC reported that SVP & CHRO Tracey Hernandez received 5,500 restricted stock units. These units are equity-based compensation that may convert into common shares if vesting conditions are satisfied, aligning part of her pay with long-term company performance.
Is the OXM Form 4 transaction a stock purchase or a compensation grant?
The OXM Form 4 shows a compensation grant, not a market purchase. Tracey Hernandez received 5,500 restricted stock units at a price of $0.00, awarded under the Oxford Industries, Inc. Long-Term Stock Incentive Plan as part of her executive compensation package.
When do Tracey Hernandez’s new OXM restricted stock units vest?
The 5,500 restricted stock units granted to Tracey Hernandez vest on June 1, 2029. Vesting means that on that date, assuming conditions are met, each unit can convert into one share of Oxford Industries, Inc. common stock for the reporting person.
How many restricted stock units does Tracey Hernandez hold after this OXM grant?
After this grant, Tracey Hernandez is reported as holding 12,500 restricted stock units. This total includes the newly awarded 5,500 units and represents her outstanding equity-based awards that may settle in Oxford Industries, Inc. common stock if vesting requirements are met.
What plan governs the restricted stock unit award reported in the OXM Form 4?
The restricted stock unit award was granted under the Oxford Industries, Inc. Long-Term Stock Incentive Plan. This plan provides equity-based compensation, such as restricted stock units, to align executives’ interests with shareholders by tying part of their pay to the company’s common stock.