Hori Akio 4

What Happened Akio Hori, Chief Information Officer of Nomura Holdings, received a grant of restricted stock units (RSUs) reported on Form 4 for transactions dated 2026-05-25. The filing shows four award entries totaling 3,164.785 RSUs: one tranche of 764.785 shares reported at $8.21 per share (U.S. dollar equivalent) valued at $6,279, and three tranches of 800 RSUs each reported as derivative awards at $0.00 (typical for RSU grants).

Key Details

• Transaction date: May 25, 2026; Form 4 filed May 27, 2026 (appears timely).
• Reported items:
  • 764.785 shares acquired at $8.21 per share (USD-converted price) — total $6,279 (F1).
  • 3 × 800 RSUs acquired at $0.00 (derivative RSU awards) — total 2,400 RSUs.
• Total RSUs granted: 3,164.785 (reported as rights to receive one share each) (F2).
• Footnotes: F1 notes JPY→USD conversion using JPY158.91 = US$1 on the transaction date; F2 clarifies each RSU equals the right to one common share; F3 notes no separate expiration date.
• Shares owned after the transaction are not specified in the provided excerpt of the filing.
• No indication in the excerpt of a 10b5-1 plan, tax withholding sale, or late filing flag.

Context Restricted stock units are awards that give the holder the right to receive company shares (or cash equivalent) in the future if vesting conditions are met; reporting at $0.00 for RSUs is common because there is no cash purchase price. The modest reported USD value ($6,279 for the priced tranche) reflects the USD conversion used in the filing and does not necessarily reflect the full economic value of all RSUs granted. This is an award/grant disclosure, not a sale, so it represents compensation rather than an insider purchase/sale signal.