Take Hidekatsu 4

4 · MIZUHO FINANCIAL GROUP INC · Filed Jul 6, 2026

AI-generated summary of this filing

Updated Jul 6, 2026

Mizuho (MFG) Director Take Hidekatsu Sells Cash-Settled Phantom Units

What Happened

Take Hidekatsu, a director of Mizuho Financial Group (MFG), exercised/converted phantom stock units on July 1, 2026. The filing shows 6,604 units converted (acquired) and a cash settlement for 2,642 vested units. The cash-settled portion (per footnote) was JPY 7,814 per unit — about $48.18 each — totaling roughly $127,239.37. The filing also lists several other phantom-unit conversions reported as dispositions (2,350; 1,788; 2,466 units) with no cash proceeds reported.
Note: the Form 4 contains an inconsistent USD figure ($336,166,416) tied to the 2,642-unit line. Footnote F2 clarifies the actual cash settlement was JPY 7,814/unit (~$48.18/unit), totaling about $127,239.37; the $336M number appears to be a reporting error.

Key Details

Transaction date: July 1, 2026. Form filed July 6, 2026 (filed 5 days after the transaction).
Reported items:
- Exercise/conversion (M) — 6,604 units acquired at $0.00 (phantom units converted to a share-equivalent)
- Disposition to issuer (D) — 2,642 units cashed out (footnote F2: JPY 7,814/unit → ~ $48.18/unit; total ≈ $127,239.37)
- Exercise/conversion (M) — 2,350; 1,788; 2,466 units reported as disposed (no cash reported)
Footnotes of note:
- F1: Phantom stock units = contingent right to one share payable in cash or stock at issuer’s election.
- F2: Confirms cash settlement for 2,642 units and gives yen→USD conversion used.
- F4–F6: Vesting schedules; F6 indicates some units vested on July 1, 2026.
- F3: Mentions ESOP holdings as of May 31, 2026 (number not provided in excerpt).
Shares owned after the transactions are not stated in the provided excerpt.
Timing: Filing date is July 6 for July 1 transactions (may be later than the typical two-business-day Form 4 deadline).

Context

These were derivative/phantom-unit transactions, not open-market purchases or classic option exercises for immediate sale. Phantom units can be settled in cash or shares; here part was cashed and other units were converted/treated as dispositions per the filing.
Cash settlements and conversions of phantom units are commonly part of executive compensation plans and do not necessarily signal a buy/sell opinion on the stock. The large reported USD total in the filing appears to be a data/reporting error; rely on the footnote conversion for the cash amount.

Form 4

Period: 2026-07-01

Director

Transactions

Exercise/Conversion
Common Stock
[F1]
2026-07-01+6,604→ 28,815 total
Disposition to Issuer
Common Stock
[F1][F2]
2026-07-01$127239.37/sh−2,642$336,166,416→ 26,173 total
Exercise/Conversion
Phantom Stock Units
[F1][F4]
2026-07-01−2,350→ 4,702 total
→ Common Stock (2,350 underlying)
Exercise/Conversion
Phantom Stock Units
[F1][F5]
2026-07-01−1,788→ 1,788 total
→ Common Stock (1,788 underlying)
Exercise/Conversion
Phantom Stock Units
[F1][F6]
2026-07-01−2,466→ 0 total
→ Common Stock (2,466 underlying)

Holdings

Footnotes (6)

[F1]Each phantom stock unit represents a contingent right to receive one share of Issuer Common Stock, which will be settled in cash or common stock upon settlement at the Issuer's election.
[F2]Represents the portion of the phantom stock units that vested and being settled in cash. The price reported herein was converted from Japanese yen to United States dollars at a conversion price of JPY 1 to U.S. $0.006163328. These shares were disposed of at a price per share of JPY 7,814.
[F3]Represents the number of shares in the Reporting Person's Employee Stock Ownership Plan ("ESOP") account as of May 31, 2026.
[F4]These phantom stock units vest in three equal installments beginning July 1, 2026.
[F5]These phantom stock units vest in three equal installments beginning July 1, 2025.
[F6]These phantom stock units vested on July 1, 2026.

Signature

/s/ Yuki Nishii, as Attorney-In-Fact|2026-07-06

1 file