Noda Yumiko 4

What Happened

• Director Yumiko Noda received an award of 490 phantom stock units (reporting code A) from Mizuho Financial Group on 2026-07-24. The grant shows an acquisition price of $0.00 (no cash paid) and is recorded as a derivative award rather than an outright stock purchase.
• This is an award/grant (not a market purchase or sale) and therefore is not a direct bullish or bearish trading signal.

Key Details

• Transaction date: 2026-07-24; Form 4 filed: 2026-07-28 (reporting appears timely).
• Amount: 490 phantom stock units; reported acquisition price: $0.00; reported dollar value: $0.
• Shares owned after transaction: not specified in the filing.
• Footnotes: (F1) Each phantom stock unit is a contingent right to receive one share of common stock, settled in cash or common stock at the issuer’s election. (F2) Units are fully vested upon grant and will settle upon the reporting person’s retirement.
• Transaction type/code: A (award/grant), derivative instrument.

Context

• Phantom stock units are deferred compensation: they represent a contingent right to future payment (stock or cash) and do not transfer actual shares until settled. Because settlement is deferred until retirement, this grant does not immediately change public float.
• Awards like this are common for directors and executives and are not the same as an open-market purchase by the insider; they mainly reflect compensation policies rather than a direct personal investment decision.