Ishizuka Masahiro 4

What Happened
Masahiro Ishizuka, a director of Nomura Holdings, acquired 238.186 shares in an open-market/private purchase on March 25, 2026. The reported price, converted from JPY, was $8.05 per share, for a total reported cost of approximately $1,917. This was a purchase (code P), which investors often view as more informative than routine sales, though the dollar amount is small.

Key Details

• Transaction date: 2026-03-25 (reported on Form 4 filed 2026-03-27). Filing appears timely (within the usual 2-business-day window).
• Purchase details: 238.186 shares at $8.05 per share; total ≈ $1,917 (USD).
• Conversion note: Price converted from JPY using JPY158.66 = US$1.00 (MUFG Bank spot rate on 2026-03-25). (Footnote F2)
• Internal transfer: filing also notes a transfer of 600 shares from the officer's stock ownership plan account to the reporting person's brokerage account since the Form 3 on March 18, 2026; this transfer did not change total beneficial ownership. (Footnote F1)
• Shares owned after transaction: not specified in the provided transaction details.

Context

• Code P denotes a purchase (open market or private purchase). The dollar value is modest (~$1.9k), so this may be routine personal buying rather than a material signal about company prospects.
• The internal 600-share transfer is an account movement (not a new acquisition) and does not indicate an increase in total holdings.
• No indication in the filing that this is a 10% owner transaction, option exercise, gift, or tax-withholding event.