Yoshida Kenichiro 4
4 · Sony Group Corp · Filed May 14, 2026
Research Summary
AI-generated summary of this filing
Sony (SONY) Director Yoshida Kenichiro Exercises Options
What Happened
Yoshida Kenichiro, a director of Sony Group Corp (SONY), exercised stock options on May 13, 2026. He acquired 200,000 shares at $14.49 (cost $2,898,000) and 200,000 shares at $16.47 (cost $3,294,000), totaling 400,000 shares purchased for $6,192,000. The Form 4 also reports two derivative dispositions of 200,000 shares each at $0 (no cash proceeds) on the same date. All transactions are coded "M" (option exercise/conversion).
Key Details
- Transaction date: 2026-05-13 (reported on Form 4 filed 2026-05-14). Filing appears timely.
- Exercise prices & amounts: 200,000 @ $14.49 = $2,898,000; 200,000 @ $16.47 = $3,294,000; total cash paid ≈ $6.19M.
- Two derivative disposals: 200,000 and 200,000 shares reported disposed at $0 (no proceeds reported).
- Shares owned after the transaction: not stated in the filing excerpt provided.
- Footnotes: conversion rate used was USD $0.00636 per JPY 1.00 (F1). Allocation agreements (F2, F3) describe multi-year vesting schedules for the underlying options (grants dated Nov 16, 2022 and Nov 27, 2023 with installment vesting in subsequent years).
Context
These were option exercises (acquisitions via conversion of derivatives), not open-market purchases or sales. The filing does not specify whether the $0 disposals reflect tax withholding, net-share settlement, or another administrative mechanism. As with most option exercises, this is an acquisition of stock by an insider and should be interpreted as the insider exercising vested equity rather than an on-market buy or sell signal.
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F1]2026-05-13$14.49/sh+200,000$2,898,000→ 861,615 total - Exercise/Conversion
Common Stock
[F1]2026-05-13$16.47/sh+200,000$3,294,000→ 1,061,615 total - Exercise/Conversion
Employee Stock Option (right to buy)
[F1][F2]2026-05-13−200,000→ 400,000 totalExercise: $14.49Exp: 2032-11-15→ Common Stock (200,000 underlying) - Exercise/Conversion
Employee Stock Option (right to buy)
[F1][F3]2026-05-13−200,000→ 650,000 totalExercise: $16.47Exp: 2033-11-26→ Common Stock (200,000 underlying)
Footnotes (3)
- [F1]For purposes of this Form 4, a conversion rate of USD $0.00636 for each JPY 1.00 was used.
- [F2]The allocation agreement, as amended on January 7, 2026, provides that the option to acquire common stock became exercisable in three equal annual installments on each of November 16, 2023, November 16, 2024, and November 16, 2025. The option was originally granted on November 16, 2022.
- [F3]The allocation agreement, as amended on January 7, 2026, provides that the option to acquire common stock becomes exercisable in three equal annual installments on each of November 27, 2024, November 27, 2025, and November 27, 2026. The option was originally granted on November 27, 2023.