Ogawa Tetsuo 4

What Happened

• Ogawa Tetsuo, an operating officer at Toyota Motor Corp (TM), was granted 24,300 restricted stock units (RSUs) on 2026-06-30. The Form 4 records the acquisition as a derivative award with a per-unit price of $0.00 (award entry), meaning no cash purchase was made at the time of grant. The filing lists the transaction as an award/grant (transaction code A).

Key Details

• Transaction date: 2026-06-30; Form 4 filed: 2026-07-02 (Accession 0000947871-26-000681).
• Award: 24,300 RSUs recorded at $0.00 (derivative award).
• Shares owned after transaction: not disclosed in the Form 4.
• Footnote: RSUs will vest upon the reporting person’s retirement from their position as an executive officer of the issuer.
• Transaction code: A (award/grant); no 10b5-1 plan, tax-withholding, or sale noted in this filing.

Context

• RSUs are a form of compensation that convert into shares (or cash equivalent) only upon vesting; they do not represent immediate market purchases or sales. Because these units vest upon retirement, they are contingent and may have limited near-term economic effect. Grants like this are common executive compensation and do not by themselves indicate an insider buying or selling stock in the open market.