Kon Kenta 4
Research Summary
AI-generated summary
Toyota (TM) President Kon Kenta Receives Restricted Stock Award
What Happened
Kon Kenta, President and Director of Toyota Motor Corp. (TM), was granted 22,800 restricted shares on June 30, 2026. The shares are reported at a converted price of $18.31 each for a total value of approximately $417,468. This transaction is an award/acquisition under Toyota’s compensation program (Form 4 transaction code A) — not an open-market purchase or sale.
Key Details
- Transaction date and reported value: 2026-06-30 — 22,800 shares @ $18.31 (U.S. dollar equivalent), total ~$417,468.
- Filing date: 2026-07-02 (Form 4 filed); the filing does not indicate lateness.
- Shares owned after the transaction: Not specified in the provided details.
- Footnotes:
- The shares were granted under Toyota’s restricted stock compensation plan and paid “in kind” by offsetting Kon’s right to receive monetary compensation (no out‑of‑pocket cash payment). The amount was converted from Japanese yen at 1 JPY = $0.00615.
- The granted shares are held in trust for Kon Kenta under a share-based compensation program.
Context
This was a compensation award of restricted stock, not a market buy or a sale. Restricted-share grants are common executive compensation and are typically subject to vesting and holding conditions; they do not by themselves signal the insider’s trading intent. For retail investors, purchases/open-market buys are generally more directly informative about an insider’s market view than routine compensation awards.