Igarashi Masayuki 4
Research Summary
AI-generated summary
Honda (HMC) Exec Igarashi Masayuki Receives 599-Share Award
What Happened
- Igarashi Masayuki, a Managing Executive Officer at Honda Motor Co., received (acquired) 599 shares as an award on May 1, 2026. The filing reports a per-share price of $8.10 (converted from ¥1,273.22), for a total reported value of $4,852. This transaction is an acquisition/award (code A), i.e., a grant rather than a sale.
Key Details
- Transaction date: 2026-05-01. Report filed: 2026-05-11 (filed 10 days after the transaction).
- Price reported: ¥1,273.22 per share; converted to $8.10 per share using the Telegraphic Transfer Middle Rate (TTM) on the transaction date (footnote F1).
- Shares acquired: 599; total reported value: $4,852.
- Shares owned after transaction: Not specified in the provided filing summary.
- Filing timeliness: The Form 4 was filed 10 days after the transaction; Form 4s are normally due within two business days, so this appears late.
Context
- This was an award/grant of shares (compensation-related acquisition), which is typically part of executive pay programs (e.g., restricted shares or performance awards) rather than an open-market purchase. Such awards reflect compensation decisions rather than a direct cash investment by the insider. The reported dollar amounts reflect a currency conversion for U.S. reporting; see footnote F1 for details.