Tobari Akihito 4

4 · NOMURA HOLDINGS INC · Filed Apr 28, 2026

AI-generated summary of this filing

Updated Apr 28, 2026

Nomura (NMR) Head of Wealth Mgmt Tobari Exercises Options, Withholds Shares

What Happened

Tobari Akihito, Head of Wealth Management at Nomura Holdings (NMR), exercised/converted 17,100 derivative securities on April 27, 2026. The filing reports the exercise/conversion at $0 (code M) as a conversion event.
In connection with the settlement, 6,602 shares were withheld to cover tax liabilities (code F) — reported at $7.71 per share, totaling $50,901 (USD conversion noted in the filing). Separately, 73.682 shares were reported as an award/acquisition on April 24, 2026 (RSU settlement), valued at $8.41 per share, total $620.
These transactions are primarily an exercise/settlement and tax-withholding event rather than an open-market purchase or sale.

Key Details

Transaction dates: April 24, 2026 (award/reporting of 73.682 RSU shares); April 27, 2026 (exercise/conversion of 17,100 derivatives and withholding of 6,602 shares for taxes).
Reported values:
- RSU award: 73.682 shares @ $8.41 = $620 (USD conversion per filing).
- Tax withholding: 6,602 shares @ $7.71 = $50,901 (USD conversion per filing).
- Exercise/conversion of 17,100 shares reported at $0 in the filing (code M).
Shares owned after the transactions: not disclosed in the provided filing data.
Notable footnotes: RSUs vested on April 1 and were settled in shares on April 27 (F2); shares were withheld to satisfy tax withholding obligations (F3). USD amounts were converted from JPY using the spot rates reported by MUFG Bank (F1, F4).
Filing timing: Form 4 filed April 28, 2026 for transactions through April 27 — appears to have been filed promptly.

Context

"M" entries indicate exercise or conversion of derivative securities into common stock. The withholding of 6,602 shares to satisfy taxes is a common cashless settlement/tax-withholding action and does not necessarily indicate an open-market sale for investment purposes.
The RSU settlement and the derivative conversion are internal compensation-related events; they are routine for executives and do not by themselves signal a buy/sell sentiment.

Form 4

Period: 2026-04-24

See Remarks

Transactions

Award
Common Stock
[F1]
2026-04-24$8.41/sh+73.682$620→ 170.056 total(indirect: Held in officers' stock ownership plan)
Exercise/Conversion
Common Stock
[F2]
2026-04-27+17,100→ 111,568 total
Tax Payment
Common Stock
[F3][F4]
2026-04-27$7.71/sh−6,602$50,901→ 104,966 total
Exercise/Conversion
Restricted Stock Units
[F2][F5][F6]
2026-04-27−17,100→ 21,700 total
→ Common stock (17,100 underlying)

Footnotes (6)

[F1]The reported price has been converted into U.S. dollars from Japanese yen using the JPY159.84 = US$1 as spot exchange rate on the Transaction Date, as reported by MUFG Bank, Ltd on April 24, 2026.
[F2]Restricted Stock Units vested on April 1, 2026 and were settled in shares on April 27, 2026.
[F3]Shares were withheld to satisfy tax withholding obligations in connection with the settlement of the Restricted Stock Units.
[F4]The reported price has been converted into U.S. dollars from Japanese yen using the JPY159.56 = US$1 as spot exchange rate on the Transaction Date, as reported by MUFG Bank, Ltd on April 27, 2026.
[F5]Each Restricted Stock Unit represents the right to receive one share of Common Stock.
[F6]No separate Expiration Date.

Signature

/s/ Takashi Futaki, as Attorney-in-fact|2026-04-28

1 file