Oxford Industries (NYSE: OXM) awards 10,750 RSUs to Tommy Bahama CEO
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Wood Douglas B reported acquisition or exercise transactions in this Form 4 filing.
Oxford Industries reported that Douglas B. Wood, CEO of its Tommy Bahama business, received a grant of 10,750 restricted stock units. Each unit represents a contingent right to one share of Oxford Industries common stock and was granted under the company’s Long-Term Stock Incentive Plan.
The restricted stock units vest on June 1, 2029. Following this award, Wood holds a total of 21,425 restricted stock units, all reported as directly owned.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Wood Douglas B
Role
CEO, Tommy Bahama
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 10,750 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 21,425 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 (OXM) report for Douglas B. Wood?
Oxford Industries reported that Douglas B. Wood received a grant of 10,750 restricted stock units. These units were issued as part of the Oxford Industries Long-Term Stock Incentive Plan and give him a contingent right to receive the company’s common shares in the future.
How many restricted stock units did the Tommy Bahama CEO receive from Oxford Industries (OXM)?
Douglas B. Wood received 10,750 restricted stock units from Oxford Industries. Each restricted stock unit corresponds to one share of common stock, increasing his directly owned restricted stock unit holdings to a total of 21,425 units after this grant.
When do Douglas B. Wood’s newly granted Oxford Industries (OXM) restricted stock units vest?
The restricted stock units granted to Douglas B. Wood vest on June 1, 2029. Vesting means he becomes entitled to receive Oxford Industries common shares for each unit, provided any applicable conditions for vesting are satisfied by that date.
What does each restricted stock unit granted by Oxford Industries (OXM) represent?
Each restricted stock unit represents a contingent right to receive one share of Oxford Industries common stock. The units were granted under the Oxford Industries, Inc. Long-Term Stock Incentive Plan, which provides equity-based awards to eligible participants such as executives.
How many restricted stock units does Douglas B. Wood hold after this Oxford Industries (OXM) grant?
After the reported grant, Douglas B. Wood holds 21,425 restricted stock units. This total reflects his new 10,750-unit award combined with his prior restricted stock unit holdings, all reported as directly owned derivative securities tied to Oxford Industries common stock.