TAKEDA PHARMACEUTICAL CO LTD·4

Jul 6, 6:14 PM ET

Iijima Masami 4

4 · TAKEDA PHARMACEUTICAL CO LTD · Filed Jul 6, 2026

Research Summary

AI-generated summary of this filing

Updated

Takeda Director Masami Iijima Sells 2,152 Shares, Receives RSU Awards

What Happened

  • Masami Iijima, a director of Takeda Pharmaceutical Co. (TAK), disposed of 2,152 shares (reported as a derivative disposition) on July 10, 2026 for a weighted-average price of ¥4,931.20, totaling ¥10,611,942.
  • On July 1, 2026 Iijima was granted two awards: 1,800 RSUs and 1,937 Tax Obligation Awards (total 3,737 units). The RSUs vest on June 1, 2029. The Tax Obligation Awards are the economic equivalent of shares that were converted/settled to cover tax obligations; any remaining proceeds from associated share dispositions were delivered to the reporting person on July 10.

Key Details

  • Transaction dates: Grants on 2026-07-01; disposition on 2026-07-10.
  • Sale price: weighted average ¥4,931.20; sale prices ranged from ¥4,883 to ¥5,045 (filing offers to provide exact breakdown on request).
  • Reported amounts: 1,800 RSUs (award), 1,937 Tax Obligation Awards (award), 2,152 shares disposed (derivative sale).
  • Consideration: RSU grants reported at $0.00 (typical for awards); disposition reported as derivative (D).
  • Shares owned after the transactions: not specified in the provided filing data.
  • Filing timeliness: not indicated in the provided information.

Context

  • The July 10 sale appears tied to tax-settlement mechanics for Tax Obligation Awards (i.e., awards converted/settled to cover tax liabilities rather than an open-market investment sale).
  • RSU awards vest in 2029, so those are long-dated and not immediately tradable.
  • This activity mixes routine award grants and a cash/derivative disposition for tax purposes; it should not be read alone as a bullish or bearish signal.

Insider Transaction Report

Form 4
Period: 2026-07-01
Transactions
  • Award

    Ordinary Shares

    [F1]
    2026-07-01+1,80014,601 total
  • Disposition to Issuer

    Tax Obligation Award

    [F2][F3]
    2026-07-10$4931.20/sh2,152$10,611,9420 total
    From: 2026-06-01Exp: 2026-06-01Ordinary Shares (2,152 underlying)
  • Award

    Tax Obligation Award

    [F4]
    2026-07-01+1,9371,937 total
    From: 2029-06-01Exp: 2029-06-01Ordinary Shares (1,937 underlying)
Footnotes (4)
  • [F1]Represents an award of restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Common Stock. The RSUs vest on June 1, 2029.
  • [F2]Each Tax Obligation Award was the economic equivalent of one Ordinary Share that, upon vest, was converted into to a cash payment primarily to cover tax obligations. Any remaining proceeds from the disposition of the associated Ordinary Shares will be delivered to the reporting person on July 10.
  • [F3]The price reported in Column 8 is a weighted average price denominated in Yen. These shares were sold in transactions at prices ranging from JPY 4,883 to JPY 5,045, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
  • [F4]Each Tax Obligation Award is the economic equivalent of one Ordinary Share that, upon vest, will be converted to a cash payment primarily to cover tax obligations at the then-current market price of the Ordinary Shares.
Signature
/s/ Samuel Ntonme, by power of attorney, for Masami Iijima|2026-07-06

Documents

1 file
  • 4
    wk-form4_1783376039.xmlPrimary

    FORM 4