Okuda Kentaro 4
4 · NOMURA HOLDINGS INC · Filed May 27, 2026
Research Summary
AI-generated summary of this filing
Nomura (NMR) CEO Kentaro Okuda Receives Stock Awards
What Happened
Kentaro Okuda, Representative Executive Officer, President and Group CEO of Nomura Holdings (NMR), was granted a total of 824,287 derivative awards on 2026-05-25. The grants consist of three awards of 158,429 units each and one award of 349,000 units. Each award is reported at $0.00 on the Form 4 because these are equity-based grants (derivative units), not purchases; no cash payment was made by the insider.
Key Details
- Transaction date: 2026-05-25; Form 4 filed 2026-05-27 (timely filing).
- Reported grants: 158,429 + 158,429 + 158,429 + 349,000 = 824,287 units. Price per unit reported: $0.00 (award).
- Securities after transaction: Not stated on the provided filing.
- Footnotes:
- F1: Notional Stock Units = right to receive cash equal to one share of common stock.
- F3: Performance Share Units = target units that may pay out 0%–150% of one share based on 3-year performance; actual payout may differ.
- F2: No separate expiration date for the awards.
- Transaction type: Code A (award/grant). Not a market purchase or sale.
Context
These are compensation awards (not an open-market buy or sale). Notional Stock Units are typically cash-settled; Performance Share Units are conditional and pay out based on future performance over a multi-year period. Such grants reflect compensation arrangements rather than immediate changes in voting stock ownership or direct market sentiment.
Insider Transaction Report
- Award
Notional Stock Units
[F1][F2]2026-05-25+158,429→ 642,143 totalFrom: 2027-04-01→ Common stock (158,429 underlying) - Award
Notional Stock Units
[F1][F2]2026-05-25+158,429→ 800,572 totalFrom: 2028-04-01→ Common stock (158,429 underlying) - Award
Notional Stock Units
[F1][F2]2026-05-25+158,429→ 959,001 totalFrom: 2029-04-01→ Common stock (158,429 underlying) - Award
Performance Share Units
[F3][F2]2026-05-25+349,000→ 1,350,100 totalFrom: 2029-04-01→ Common stock (349,000 underlying)
- 529,192
Common Stock
Footnotes (3)
- [F1]Each Notional Stock Unit represents the right to receive cash equal in value to one share of Common Stock.
- [F2]No separate Expiration Date.
- [F3]Each Performance Share Unit represents the right to receive between 0% and 150% of one share of Common Stock. The reported number of securities represents the target number of shares that may be earned. The actual number of shares that may be earned will be calculated based on the degree of achievement of performance targets over a three-year performance period. No separate Expiration Date.