Olcott George Cunningham 4
Research Summary
AI-generated summary
Toyota (TM) Director Olcott Cunningham Receives 71-Share Award
What Happened
- Olcott George Cunningham, a director of Toyota Motor Corporation, was granted 71 shares (transaction code A) on April 24, 2026. The per-share price reported on the Form 4 is $19.61, for a total value of about $1,392. The purchase was made in Japanese yen and converted to U.S. dollars for reporting.
Key Details
- Transaction date: 2026-04-24; Form 4 filed: 2026-04-27.
- Price and amount: 71 shares at $19.61 per share; total ≈ $1,392.
- Shares held after transaction: Not disclosed in the filing.
- Footnotes: (1) Price converted from JPY using rate JPY1.00 = USD0.00627 (as of 4/24/2026). (2) The shares are held in trust for the reporting person under a share-based compensation program.
- Filing timeliness: Form filed on 2026-04-27; the filing shows the transaction date and the report date but does not indicate a late filing flag.
Context
- This was an award/grant (compensation) rather than an open-market purchase or sale. Awards held in trust under a compensation program are routine director compensation and do not by themselves indicate a change in the director's market view. The dollar value is modest.