Akita Natsumi 4

What Happened

• Akita Natsumi, Group Chief Culture Officer / Group Chief Branding Officer of Mizuho Financial Group (MFG), converted a total of 9,024 phantom stock units on July 1, 2026. Of those, 4,512 units were converted into shares (reported as acquired) and 1,805 vested units were settled in cash for approximately $86,929 (converted from JPY at JPY 7,814 per unit). The filing also shows conversions of additional units (1,550; 1,594; 1,368) that were reported as derivative exercises/settlements.

Key Details

• Transaction date: July 1, 2026 (Form 4 filed July 6, 2026).
• Cash settlement: 1,805 units × JPY 7,814 per unit = JPY 14,104,270 → ≈ $86,929 (conversion rate JPY1 = $0.006163328, per footnote).
• Phantom units exercised/converted: total 9,024 units (4,512 reported as acquired; remaining units reported as converted/settled).
• Shares owned after transaction: not specified in the provided Form 4 summary.
• Notable footnotes: F1 explains these are phantom stock units (contingent rights to receive stock, settled in cash or shares at issuer's election); F2 confirms the cash-settled portion and conversion math; F4–F6 describe vesting schedules (some units vested on July 1, 2026).
• Filing timeliness: Form 4 was filed July 6, 2026 for the July 1 transactions — this appears to be more than two business days after the transactions and may be a late filing.

Context

• These were award/derivative-settlement transactions (phantom-unit conversions and a cash settlement), not open-market purchases or sales. Cash-settlement of phantom units is routine for vested awards and does not necessarily signal a trading view on the stock.