Sony CEO Kenji Tanaka Exercises Stock Options

What Happened Kenji Tanaka, Business CEO in charge of Entertainment, Technology & Services at Sony Group Corp (SONY), exercised stock options on August 13, 2026. He paid $8.08 per share for 6,500 shares (cost $52,520) and $8.41 per share for 2,500 shares (cost $21,025), for total cash outlay of $73,545. The filing also shows matching derivative disposition entries for the same share amounts at $0.00, reflecting the option conversion/issuance reporting on the Form 4 rather than an open‑market sale.

Key Details

• Transaction date: 2026-08-13; Form 4 filed 2026-08-17 (filed within required business-day window).
• Purchases (option exercises): 6,500 shares @ $8.08 = $52,520; 2,500 shares @ $8.41 = $21,025. Total paid ≈ $73,545.
• Dispositions reported: 6,500 and 2,500 shares at $0.00 (derivative conversion entries).
• Transaction code: M (exercise/conversion of derivative).
• Shares owned after transaction: Not disclosed in the provided excerpt.
• Footnotes: F1 — USD/JPY conversion rate used: $0.00627 per ¥1.00. F2 & F3 — options were granted in 2018 and 2019 and vested in installments across 2020–2022 per the allocation agreements.
• No 10b5-1 plan, open-market sale, or tax-withholding sale is indicated in the excerpt.

Context This filing documents option exercises (a purchase of company stock) rather than a sale. The paired "acquired" (cash paid) and "disposed" (derivative at $0.00) lines commonly reflect the mechanics of converting/exercising option awards into issued shares on Form 4. The option grants trace back several years and vested in installments per the footnotes, indicating these were long‑standing awards rather than newly granted options.