Oxford Industries Form 4: Clyde Tuggle Receives Restricted Stock Grant
Rhea-AI Filing Summary
Oxford Industries, Inc. (OXM) filed a Form 4 disclosing that non-employee director Clyde C. Tuggle received a grant of 3,354 shares of common stock on 06/30/2025. The shares were issued at $0.00 per share under the company’s Long-Term Stock Incentive Plan as payment of his annual board retainer, and are classified as restricted stock. Following the award, Tuggle’s direct beneficial ownership increased to 19,747 common shares. No derivative securities were reported and no shares were sold or otherwise disposed of. The transaction was filed as Code “A,” indicating an award or other acquisition, and was signed by an attorney-in-fact on 07/01/2025.
Positive
- Director acquired 3,354 restricted shares, increasing direct ownership to 19,747 shares and marginally strengthening board–shareholder alignment.
Negative
- None.
Insights
TL;DR: Routine restricted-stock grant; modest increase in director’s holdings, negligible dilution, neutral market impact.
The filing reflects a standard equity retainer for a non-employee director, not an open-market purchase. Because the 3,354-share grant represents only a fraction of Oxford Industries’ total shares outstanding, the transaction has minimal dilution and is unlikely to affect valuation or trading volume. Nevertheless, the award marginally tightens management–shareholder alignment by lifting Mr. Tuggle’s direct stake to 19,747 shares. No sales were reported, so there is no negative signal. Overall, the event is routine governance practice and neutral for investors.
FAQ
What type of transaction did Clyde C. Tuggle report for OXM?
How many Oxford Industries shares were granted and at what price?
What is Clyde C. Tuggle’s total direct ownership after the grant?
Was this grant part of director compensation?
When were the shares granted and when was the Form 4 filed?