Kim Julie So-Young 4

What Happened
Julie Kim (President & CEO; Director) received a package of equity awards from Takeda on July 1, 2026, totaling 96,459 shares/equivalents. The awards consist of: 50,434 restricted stock units (RSUs) representing American Depositary Shares, 22,800 RSUs representing common shares, and three Tax Obligation Awards of 7,741; 7,741; and 7,743 share-equivalents (derivative awards) that are intended to cover tax obligations. All grants were recorded at $0.00 (standard for RSU awards) and vest in three equal annual installments beginning in mid‑2027 per the filing.

Key Details

• Transaction date: 2026-07-01; Filing date: 2026-07-06 (filed five days after the grant; this exceeds the usual 2-business-day Form 4 deadline and may be reported as late).
• Award breakdown: 50,434 RSUs (ADS) [F1], 22,800 RSUs (common stock) [F2], plus three Tax Obligation Awards of 7,741 / 7,741 / 7,743 (derivative) [F3]. Total = 96,459.
• Price: $0.00 per share (grant/award). No cash purchase or sale occurred.
• Vesting: RSUs vest in three equal annual installments (F1 vests beginning July 1, 2027; F2 vests beginning June 1, 2027).
• Tax awards: F3 Tax Obligation Awards are economic equivalents that will be converted to cash primarily to cover tax withholding when they vest.
• Shares owned after transaction: Not specified in the supplied filing details.
• Transaction code: A = Award/Grant; some lines noted as derivative (tax-equivalent awards).

Context
These are compensation grants (RSUs and tax-equivalent awards), not open-market purchases or sales. RSUs are contingent rights to receive shares at vesting and are a routine form of executive compensation; Tax Obligation Awards are designed to cover withholding obligations and are typically paid in cash upon vesting. Such awards do not by themselves indicate an immediate bullish or bearish signal about company stock from the insider.