Yamada Masataka 4

What Happened

• Masataka Yamada, Senior Managing Executive Officer, Chief Financial Officer and Chief Strategy Officer of ORIX Corporation, was granted 37,370 derivative share rights on 2026-06-23. The reported transaction shows an acquisition at $0.00, meaning no cash was paid — this is a share-based compensation award rather than an open-market purchase.

Key Details

• Transaction date: 2026-06-23; Form 4 filed: 2026-06-25 (appears timely).
• Transaction type/code: Other acquisition/disposition (J) — a derivative securities grant.
• Quantity: 37,370 derivative securities (each point = right to receive one common share).
• Price/value reported: $0.00 at grant (no cash exchanged at grant).
• Shares owned after transaction: not specified in the filing.
• Footnotes: Award represents share-based compensation that entitles the reporting person to receive the stated number of common shares upon retirement.

Context

• This was a compensation grant (derivative award) tied to retirement conditions — it does not represent an immediate market purchase or sale and does not indicate an immediate change in public float.
• Such awards are common for executive long-term compensation; they vest or convert to actual shares only under the conditions described (here, upon retirement).