Agatsuma Mika 4
Research Summary
AI-generated summary
Honda (HMC) Director Agatsuma Mika Receives 81-Share Award
What Happened
Agatsuma Mika, a director of Honda Motor Co., received an award/acquisition of 81 shares on 2026-06-01. The filing reports a per-share amount of $9.14 (total ≈ $740). The underlying price in the footnote is 1,457.96 JPY per share, converted to USD using the Telegraphic Transfer Middle Rate (TTM) for the transaction date. This transaction is an award/grant (code "A"), i.e., acquisition of shares rather than a sale.
Key Details
- Transaction date: 2026-06-01; Form 4 filed: 2026-06-04 (filed one business day late under the 2-business-day rule).
- Transaction type/code: Award/other acquisition (A).
- Shares acquired: 81 shares at $9.14 per share (reported total ≈ $740).
- Footnote: Purchase price was 1,457.96 JPY/share; USD amount converted using the TTM on the transaction date.
- Shares owned after transaction: Not reported on this Form 4.
Context
Share awards to directors are commonly part of compensation packages and do not necessarily indicate a change in the insider’s view of the company's prospects. This was a small-value grant and not a sale or exercise with immediate disposition. The late filing is administrative but worth noting for transparency.