Olcott George Cunningham 4
Research Summary
AI-generated summary
Toyota (TM) Director George Olcott Acquires 159 Shares via Award & DRIP
What Happened
- Olcott George Cunningham, a Toyota Motor Corp. director, acquired a total of 159 Toyota shares on June 25, 2026. He received a 92-share award (code A) and acquired 67 shares through an automatic dividend reinvestment (code J). Each share is reported at $16.71 (converted from JPY), valuing the award at ~$1,537 and the reinvestment at ~$1,120 — about $2,657 combined.
- These were acquisitions under Toyota’s share-based compensation program and dividend reinvestment, not open-market purchases.
Key Details
- Transaction dates/prices: 2026-06-25 — 92 shares @ $16.71 (award); 67 shares @ $16.71 (dividend reinvestment). Currency converted from JPY at ¥1 = $0.00618 (footnote F1).
- Shares owned after transaction: Not specified in the provided filing summary.
- Footnotes: F2 — the awarded shares are held in trust under a share-based compensation program; F3 — 67 shares came from automatic reinvestment of dividends.
- Filing date and timeliness: Form 4 was filed on 2026-06-29 for the 2026-06-25 transactions; this appears to meet the SEC’s two-business-day reporting window.
Context
- These transactions reflect compensation and dividend reinvestment activity (routine for executives/directors). They are acquisitions (increasing holdings) but were not open-market buys — they were granted shares and dividend reinvestment into the company plan. Such internal-plan transactions are common and don’t necessarily indicate a personal open-market buy or sell decision.