Ishihara Tomohiko 4

What Happened

• Ishihara Tomohiko, an executive officer of ORIX Corporation, made a small open‑market purchase and received a share‑based award. On 2026-05-20 he purchased 3.947 shares at $38.22 each for a total of $151. On 2026-06-23 he was granted 11,960 derivative "points" (reported at $0) that represent rights to receive Common Stock under ORIX's share‑based compensation program upon retirement.

Key Details

• Transactions:
  • 2026-05-20 — Open market purchase (code P): 3.947 shares @ $38.22 = $151.
  • 2026-06-23 — Other acquisition (derivative, code J): 11,960 points @ $0 = $0 (share‑based award).
• Footnotes:
  • F1: Each point = right to receive one share of Common Stock.
  • F2: The 11,960 points are a retirement‑conditional share‑based compensation grant.
• Shares owned after the transactions: Not included in the provided filing excerpt.
• Filing timeliness: The Form 4 was filed 2026-06-25. The 6/23 derivative grant appears to be reported promptly; the 5/20 open‑market purchase was reported later than the typical 2‑business‑day window.

Context

• The 11,960 "points" are a compensation award that vests/becomes payable on retirement and do not represent immediate shares sold or traded in the market. The 3.947‑share purchase is a very small open‑market buy and, while purchases can be more informative than sales, this specific purchase is immaterial in size. No indication of immediate sale or tax‑withholding transactions was reported in the supplied details.