Tobari Akihito 4

What Happened
Tobari Akihito, Head of Wealth Management at Nomura Holdings (NMR), received a grant/award of 61.42 shares on July 24, 2026. The reported per-share amount converts to $9.83, for a total value of approximately $604. This was an award (reporting code A), i.e., compensation-related acquisition rather than an open-market purchase.

Key Details

• Transaction date: July 24, 2026; Form 4 filed July 27, 2026 (filed within the usual reporting window).
• Price/value reported: $9.83 per share (conversion from JPY using JPY164.01 = US$1), total ≈ $604. (Footnote F1)
• Shares acquired: 61.42 shares (award/grant).
• Shares owned after transaction: Not specified in the filing; Footnote F2 notes a prior transfer of 900 shares from an officer stock ownership plan to a brokerage account on June 25, 2026 and states those transfers did not change total beneficial ownership.
• Transaction code: A = Award/Grant. No 10b5-1 plan, tax withholding, or cashless sale reported.

Context
Grants and awards are typically compensation-related and do not necessarily signal the insider’s personal buy/sell decision. For retail investors, purchases can be more informative than routine awards; this filing documents a small-value compensation award rather than a market purchase or sale.