Ito Hironao 4
Research Summary
AI-generated summary
Honda (HMC) Managing Exec. Ito Hironao Receives 499-Share Award
What Happened
Ito Hironao, a Managing Executive Officer at Honda Motor Co. (HMC), received an award/acquisition of 499 shares on June 1, 2026. The filing reports a per-share value of $9.14 (total value $4,561). The purchase price was ¥1,457.96 per share and was converted to U.S. dollars using the Telegraphic Transfer Middle Rate (TTM) for the transaction date.
Key Details
- Transaction date: 2026-06-01; Report filed: 2026-06-04 (file appears one business day after the usual 2-business-day Form 4 deadline).
- Transaction type: Award/Acquisition (reported as "A"); 499 shares acquired at $9.14/share; total reported value $4,561.
- Footnote: Purchase price was ¥1,457.96 per share, converted to USD using the TTM on the transaction date (footnote F1).
- Shares owned after transaction: Not disclosed in the provided filing summary.
Context
This was a compensation-related award (grant/acquisition), not an open-market purchase or sale; such awards commonly reflect company compensation programs (e.g., restricted stock/awards) rather than a personal cash buy. The value is modest; investors should treat it as routine insider compensation unless accompanied by larger or repeated purchases.