Toyota (TM) Director Olcott Cunningham Receives 123-Share Award

What Happened Olcott George Cunningham, a director of Toyota Motor Corp. (TM), was granted 123 shares as an award (transaction code A) on September 25, 2026. The grant is reported at 123 shares at $19.16 per share, a total value of approximately $2,357 (USD).

Key Details

• Transaction date: 2026-09-25; Form 4 filed: 2026-09-29.
• Price/value reported: 123 shares × $19.16 = $2,357 (USD).
• Currency note: Purchase was made in Japanese yen; converted to USD at JPY 1.00 = USD 0.0064 (footnote F1).
• Holding: These shares are held in trust for the reporting person under a share-based compensation program (footnote F2).
• Shares owned after transaction: Not specified on the Form 4.
• Transaction type: Award/grant (A) — a compensation issuance, not an open-market purchase or sale.

Context This was a share-based compensation grant to a board member and reflects issuance rather than a market purchase or sale. Such awards are routine for directors and should be viewed as compensation-related rather than a direct trading signal. The filing date is four days after the transaction (reported on Sep 29 for a Sep 25 grant); the Form 4 shows the reported transaction and the relevant footnotes about currency conversion and trust holding.