Olcott George Cunningham 4
Research Summary
AI-generated summary
Toyota (TM) Director Olcott Receives 8-Share Award
What Happened
- Olcott George Cunningham, a director of Toyota Motor Corp (TM), received 8 shares on June 18, 2026 as an award/acquisition under a share-based compensation program. The transaction is reported at a per-share price of $17.38, for a total value of $139 (USD equivalent after currency conversion).
- This was an award/acquisition (not an open-market purchase or sale), so it represents compensation rather than a personal cash purchase or sale.
Key Details
- Transaction date: 2026-06-18; Filed on Form 4: 2026-06-22 (appears to be 4 days after the transaction; Form 4s are normally due within 2 business days).
- Shares received: 8 at $17.38 per share; total reported value ≈ $139 (USD).
- Footnote F1: Purchase was made in Japanese yen; USD amounts are converted using JPY 1.00 = USD 0.00620 (rate as of 6/18/2026).
- Footnote F2: The 8 shares are held in trust for the benefit of the reporting person under a share-based compensation program.
- Filing does not disclose the insider’s total holdings after this transaction in the information provided here.
Context
- This was a compensation award (code A), not a market buy or sale, so it reflects company compensation practices rather than a direct endorsement or rejection of Toyota’s stock by the director.
- Small value ($139) — routine for director equity awards and typically part of periodic compensation.