Kobayashi Koji 4

What Happened
Koji Kobayashi, an Executive Fellow at Toyota Motor Corp. (TM), acquired 330 shares on June 25, 2026. The reported per-share price was $16.71, for a total reported value of $5,514. This was an acquisition (purchase) and therefore a net buy, though the amount is modest.

Key Details

• Transaction date: 2026-06-25; filing date: 2026-06-29 (no late filing indicated).
• Transaction type/code: Other acquisition (code J) — automatic dividend reinvestment under a share-based compensation program.
• Price: $16.71 per share (price converted from Japanese yen at JPY 1.00 = USD 0.00618).
• Shares acquired: 330; reported total value: $5,514.
• Shares held after transaction: Not specified in the provided filing.
• Footnotes:
  • F1: Purchase was made in JPY and converted to USD using the 6/25/2026 exchange rate.
  • F2: Shares are held in trust for the reporting person under a share-based compensation program.
  • F3: Shares were acquired through automatic reinvestment of dividends (not an open-market buy).

Context
This was a small dividend reinvestment purchase rather than an open-market buy; such reinvestments are common and may not signal a change in insider sentiment. Purchases tend to be more informative than sales, but given the modest size (~$5.5k) and that it resulted from automatic dividend reinvestment, treat this as routine insider activity rather than a strong market signal.