Igarashi Masayuki 4
Research Summary
AI-generated summary
Honda (HMC) Managing Exec Officer Masayuki Igarashi Receives Award
What Happened
- Masayuki Igarashi, a Managing Executive Officer of Honda Motor Co., received an award of 1,022 common shares on July 1, 2026. The reported per-share price is $9.23, for a total value of approximately $9,433 (purchase price reported in yen and converted to USD; see footnote).
Key Details
- Transaction date: 2026-07-01; Filing date (Form 4): 2026-07-06.
- Shares acquired: 1,022 shares; Reported price: $9.23 per share (equivalent to 1,501.58 JPY per share; conversion via Telegraphic Transfer Middle Rate) — total ≈ $9,433. (Footnote F1)
- Footnote F2: The filing also notes 1,700 shares that had been held in the management stock ownership plan were distributed to Igarashi on June 5, 2026 and are now owned directly.
- The transaction code is "A" (award/grant). The Form provided does not state total shares beneficially owned after this grant.
Context
- This transaction appears to be a compensation award rather than an open-market purchase or sale; such awards are common as part of executive pay and do not by themselves indicate a change in the insider’s market view. The dollar amounts are modest (~$9.4k). No exercise/sale or 10b5-1 trading plan is indicated in the provided details.