Form 4: Oxford Industries EVP Thomas Campbell Reports Stock Transactions
SEC Form 4 Filing
EVP Thomas Campbell of Oxford Industries reports acquisition and disposal of company stock related to vesting of restricted stock and tax obligations.
Summary
- Thomas E Campbell, an EVP at Oxford Industries Inc, reported transactions involving the company's common stock on May 31, 2024.
- Campbell disposed of 897 shares at $110.69 to cover tax obligations related to vesting restricted stock.
- He also disposed of 3,781 shares at $110.69 to cover tax obligations related to vesting performance-based restricted share units.
- Additionally, Campbell acquired 8,432 shares upon the vesting of performance-based restricted share units granted under the company's Long-Term Stock Incentive Plan, based on performance from May 3, 2021, to May 3, 2024.
- Following these transactions, Campbell beneficially owns 42,405 shares of Oxford Industries Inc.
- The report was filed on June 3, 2024, by Suraj A. Palakshappa, Attorney-in-Fact.
Sentiment
Score: 6
Explanation: The sentiment is neutral as the filing primarily reports routine stock transactions related to executive compensation. The vesting of performance-based units is a slightly positive indicator.
Positives
- The vesting of performance-based restricted share units indicates that performance goals were met during the period from May 3, 2021, to May 3, 2024.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect executive compensation and ownership changes.
Key Dates
| Date | Description |
|---|---|
| May 3, 2021 | Start of performance period for performance-based restricted share units. |
| May 3, 2024 | End of performance period for performance-based restricted share units. |
| May 31, 2024 | Date of stock transactions (acquisition and disposal). |
| June 3, 2024 | Date of Form 4 filing. |
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