Honda (HMC) Managing Exec Igarashi Receives 454-Share Award
$HMC · HONDA MOTOR CO LTDResearch Summary
AI-generated summary of this SEC filing
Honda (HMC) Managing Exec Igarashi Receives 454-Share Award
What Happened
Igarashi Masayuki, a Managing Executive Officer at Honda Motor Co., received an award/acquisition of 454 shares on September 1, 2026. The filing reports an acquisition price of $10.76 per share (total reported value $4,885). The reported dollar price reflects conversion from the Japanese-yen price using the Telegraphic Transfer Middle Rate for the transaction date.
Key Details
- Transaction date: 2026-09-01; filing date: 2026-09-03 (appears timely under Form 4 rules).
- Action type: Award/Grant (code A) — 454 shares acquired.
- Reported price: $10.76 per share (footnote: 1,719.87 JPY per share; converted to USD using TTM).
- Total reported value: $4,885.
- Shares owned after transaction: Not disclosed in the provided filing.
- No 10b5-1 plan, tax withholding, or sale noted in this transaction.
Context
This was a compensation-related award/acquisition rather than an open-market purchase or sale. Such grants are common for executives and — especially at this modest dollar value — may reflect routine compensation rather than a direct signal of the insider’s view on the stock. The footnote clarifies the USD amount is a conversion from yen at the transaction date.