Oxford Industries (OXM) SVP awarded 6,000 restricted stock units in Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Palakshappa Suraj A reported acquisition or exercise transactions in this Form 4 filing.
Oxford Industries Inc. senior vice president Suraj A. Palakshappa received a grant of 6,000 restricted stock units, each representing one share of common stock. These units were granted under the Oxford Industries, Inc. Long-Term Stock Incentive Plan and will vest on June 1, 2029. Following this award, Palakshappa holds 13,200 restricted stock units directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Palakshappa Suraj A
Role
SVP
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 6,000 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 13,200 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 Suraj A. Palakshappa?
Oxford Industries reported that SVP Suraj A. Palakshappa received 6,000 restricted stock units. Each unit represents one share of common stock granted as equity compensation under the company’s Long-Term Stock Incentive Plan.
What type of securities were granted to the OXM executive in this Form 4?
The executive received restricted stock units, which are a form of equity award. Each unit represents a contingent right to receive one share of Oxford Industries’ common stock, subject to vesting conditions described in the grant.
When do the newly granted restricted stock units for OXM’s SVP vest?
The 6,000 restricted stock units granted to Oxford Industries’ SVP vest on June 1, 2029. The executive must remain eligible through that date to receive the underlying common shares associated with these units.
How many restricted stock units does the OXM executive hold after this award?
After this grant, SVP Suraj A. Palakshappa holds 13,200 restricted stock units directly. This figure reflects the total restricted stock unit balance reported in the Form 4 following the 6,000-unit equity award.
Under which plan were the OXM restricted stock units granted to the SVP?
The restricted stock units were granted under the Oxford Industries, Inc. Long-Term Stock Incentive Plan. This plan provides equity-based awards, such as RSUs, to key employees as part of their long-term compensation.