Oxford Industries (NYSE: OXM) Tommy Bahama CEO reports RSU vesting and tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Oxford Industries executive Douglas B. Wood, CEO of Tommy Bahama, reported routine equity compensation activity. On May 29, 2026, restricted stock units covering 2,400 shares vested and were converted into common stock under the company’s Long-Term Stock Incentive Plan.
To cover tax obligations on this vesting, the issuer withheld 959 common shares, a non-market disposition that does not reflect an open-market sale. Earlier, on March 31, 2026, Wood also received 91 common shares as a grant and award.
Following these transactions, Wood’s directly held common stock position is reported between about 24,118 and 26,518 shares, showing that the net change is small relative to his overall holdings and primarily reflects compensation and tax withholding mechanics.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,400 shares exercised/converted
Mixed
4 txns
Insider
Wood Douglas B
Role
CEO, Tommy Bahama
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 2,400 | $0.00 | -- |
| Exercise | Common Stock | 2,400 | $0.00 | -- |
| Tax Withholding | Common Stock | 959 | $44.62 | $43K |
| Grant/Award | Common Stock | 91 | $32.734 | $3K |
Holdings After Transaction:
Restricted Stock Units — 19,025 shares (Direct, null);
Common Stock — 26,518 shares (Direct, null)
Footnotes (1)
- 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. Shares issued upon vesting of restricted share units granted by the Issuer pursuant to the Oxford Industries, Inc. Long-Term Stock Incentive Plan. Represents shares withheld by the Issuer to satisfy tax withholding obligations upon vesting of restricted share units. 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 vested on May 29, 2026.
Key Figures
RSUs vested: 2,400 shares
Shares withheld for taxes: 959 shares
Common stock grant: 91 shares
+3 more
6 metrics
RSUs vested
2,400 shares
Restricted stock units converted to common stock on May 29, 2026
Shares withheld for taxes
959 shares
Issuer-withheld common stock to satisfy tax obligations on RSU vesting
Common stock grant
91 shares
Grant and award acquisition on March 31, 2026
Reported holdings after transactions
26,518 shares
Total common shares following the 2,400-share acquisition entry
Alternative holdings figure
24,118 shares
Total common shares following the 91-share grant entry
Tax-withholding reference price
$44.62 per share
Price per share used for 959-share tax-withholding disposition
Key Terms
Employee Stock Purchase Plan, Restricted Stock Units, Long-Term Stock Incentive Plan, tax withholding obligations, +1 more
5 terms
Employee Stock Purchase Plan financial
"Purchase of shares under the Oxford Industries, Inc. Employee Stock Purchase Plan"
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.
Restricted Stock Units financial
"Shares issued upon vesting of restricted share units granted by the Issuer"
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.
Long-Term Stock Incentive Plan financial
"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"
derivative exercise/conversion financial
"transaction_action":"derivative exercise/conversion"
FAQ
What insider transactions did OXM executive Douglas B. Wood report?
Douglas B. Wood reported the vesting of 2,400 restricted stock units into common shares, 959 shares withheld for taxes, and a 91-share common stock grant. These are routine compensation and tax-withholding events rather than discretionary open-market trades.
Did Douglas B. Wood buy or sell Oxford Industries (OXM) stock on the market?
The filing does not show open-market buying or selling. It reports RSU vesting, a share grant, and 959 shares withheld by the issuer for tax obligations, which is an administrative disposition, not a discretionary market sale or purchase.
What are Douglas B. Wood’s holdings after these Oxford Industries transactions?
After the reported transactions, Douglas B. Wood’s direct holdings are in the mid‑20,000 share range, with specific line items showing 24,118 to 26,518 shares. This indicates the changes are small relative to his overall equity position.