Olcott George Cunningham 4
Research Summary
AI-generated summary
Toyota (TM) Director George Cunningham Receives 83-Share Award
What Happened
George Cunningham, a director of Toyota Motor Corporation (TM), received an award/grant of 83 shares on March 25, 2026. The filing reports an acquisition price of $21.28 per share, for a total reported value of $1,766 (U.S. dollars after currency conversion). This transaction is an award/grant (code A), which is typically part of director compensation rather than an open-market purchase.
Key Details
- Transaction date: 2026-03-25
- Transaction type: Grant / Award (Code A) — 83 shares acquired
- Price: $21.28 per share (total ≈ $1,766) — amount converted from Japanese yen (JPY 1.00 = USD 0.00627 as of Mar 25, 2026) [Footnote F1]
- Share holding: These shares are held in trust for the benefit of the reporting person under a share-based compensation program [Footnote F2]
- Filing: Report filed 2026-03-27; transaction reported on 2026-03-25. The Form 4 was filed within the normal two-business-day reporting window (timely).
Context
Grants to directors are a standard form of compensation and do not by themselves indicate the director is buying or selling based on a view of near-term stock performance. The filing notes the award is held in trust under the company’s share-based compensation program, and the dollar amounts reflect a currency conversion from yen.