Honda (NYSE: HMC) director receives 81-share stock award at $9.14
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
HONDA MOTOR CO LTD director Ogawa Yoichiro received a stock award of 81 shares of Common Stock, recorded at $9.14 per share. The award was acquired indirectly through a director's stock ownership plan as compensation, not as an open-market purchase.
After these updates, Ogawa holds 4,900 shares directly and 327 shares indirectly through the plan. The purchase price of 1,457.96 Japanese yen per share was converted to U.S. dollars using the Telegraphic Transfer Middle Rate applicable on the transaction date.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Ogawa Yoichiro
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 81 | $9.14 | $740.34 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 327 shares (Indirect, Held in director's stock ownership plan);
Common Stock — 4,900 shares (Direct, null)
Footnotes (1)
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Key Figures
Stock award size: 81 shares
Award price (USD): $9.14 per share
Award price (JPY): 1,457.96 yen per share
+2 more
5 metrics
Stock award size
81 shares
Common Stock grant to director Ogawa Yoichiro
Award price (USD)
$9.14 per share
Converted from yen using TTM on transaction date
Award price (JPY)
1,457.96 yen per share
Purchase price before conversion to U.S. dollars
Direct holdings after
4,900 shares
Ogawa’s direct Common Stock ownership
Indirect holdings after
327 shares
Held in director's stock ownership plan
Key Terms
director's stock ownership plan, Telegraphic Transfer Middle Rate (TTM), Common Stock
3 terms
director's stock ownership plan financial
"Held in director's stock ownership plan"
Telegraphic Transfer Middle Rate (TTM) financial
"using the Telegraphic Transfer Middle Rate (TTM) applicable on the transaction date"
Common Stock financial
"Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did Honda (HMC) report for director Ogawa Yoichiro?
Honda reported that director Ogawa Yoichiro received a grant of 81 shares of Common Stock. The award was recorded at $9.14 per share and was acquired through a director's stock ownership plan rather than an open-market purchase.
Was the Honda (HMC) Form 4 transaction a stock purchase or a grant?
The Form 4 shows a stock grant, not an open-market purchase. Ogawa Yoichiro acquired 81 Common Stock shares as a compensation-related award under a director's stock ownership plan, coded as a grant or other acquisition.
What price was used for Ogawa Yoichiro’s Honda (HMC) stock award?
The award was priced at 1,457.96 Japanese yen per share, converted to $9.14 using the Telegraphic Transfer Middle Rate. This conversion rate applied on the transaction date to translate the yen price into U.S. dollars.
How are Ogawa Yoichiro’s indirect Honda (HMC) holdings structured?
The Form 4 states that 327 Honda Common Stock shares are held indirectly in a director's stock ownership plan. This structure indicates the shares are part of a formal compensation program rather than directly owned trading shares.
Does the Honda (HMC) Form 4 indicate any stock sales by Ogawa Yoichiro?
The Form 4 does not report any stock sales by Ogawa Yoichiro. It records a grant of 81 shares and a holdings entry, with no transactions classified as sales or dispositions in the provided data.