Earnings Feed
Start Free
NOMURA HOLDINGS INC·4

Apr 28, 8:20 AM ET

Okuda Kentaro 4

Research Summary

AI-generated summary

Updated

Nomura (NMR) CEO Kentaro Okuda Sells 325,484 Shares

What Happened

  • Kentaro Okuda, Representative Executive Officer, President and Group CEO of Nomura Holdings (NMR), had two related equity events: a cash settlement of Notional Stock Units and the vesting/settlement of Restricted Stock Units (RSUs).
  • On Apr 24, 2026, 325,484 Notional Stock Units vested and were settled in cash (reported as a disposition to the issuer) at $8.21 per share, producing $2,672,224. These notional units are cash-settled and did not result in issuance of shares. The USD conversion used JPY159.84 = US$1.
  • On Apr 27, 2026, 57,800 RSUs vested and were settled in shares. To cover tax withholding, 26,705 shares were withheld (reported as a tax payment) at an implied price of $7.71, equal to $205,896. The USD conversion used JPY159.56 = US$1.

Key Details

  • Transaction dates and amounts:
    • Apr 24, 2026: 325,484 notional units settled for $8.21/share → $2,672,224 (cash settlement; no shares issued). (Footnote: Notional units = right to cash equal to one share.)
    • Apr 27, 2026: 57,800 RSUs settled as shares; 26,705 shares withheld for taxes (tax withholding value reported $205,896).
  • Codes explained: M = exercise/conversion of a derivative (notional units / RSU vesting); D = disposition to issuer (cash settlement); F = tax withholding/payment.
  • Exchange rates: Apr 24 conversions used JPY159.84 = US$1; Apr 27 conversions used JPY159.56 = US$1.
  • Shares owned after these transactions: not provided in the supplied data.
  • Filing timeliness: Form 4 filed Apr 28, 2026 reporting transactions on Apr 24 and Apr 27. No late-filing flag was provided in the supplied data.

Context

  • These actions were primarily settlements of compensation awards (not open-market purchases or opportunistic sales). The Apr 24 action was a cash settlement of notional units (no shares issued); the Apr 27 action was standard RSU vesting with shares issued but partially withheld for taxes (common practice).
  • Such settlements/givebacks are routine compensation events and do not necessarily signal a personal buy/sell decision about the company's stock.