Honda (NYSE: HMC) executive receives 628-share equity award, lifts holdings

Rhea-AI Filing Summary

Honda Motor Co., Ltd. Managing Executive Officer Masayuki Igarashi received a stock award of 628 shares of common stock on April 1, 2026. The shares were acquired at $8.16 per share, equivalent to 1,295.80 Japanese yen, and are held in a management stock ownership plan.

Following this grant, indirect holdings in the plan total 675 shares, while direct ownership stands at 100,600 shares of Honda common stock. This appears to be a routine compensation-related equity award rather than an open-market purchase or sale.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Igarashi Masayuki

Role Managing Executive Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	628	$8.16	$5K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 675 shares (Indirect, Held in management's stock ownership plan); Common Stock — 100,600 shares (Direct)

Footnotes (1)

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Key Figures

Shares granted: 628 shares Grant price (USD): $8.16 per share Grant price (JPY): 1,295.80 yen per share +3 more

6 metrics

Shares granted 628 shares Equity award on April 1, 2026

Grant price (USD) $8.16 per share Converted reporting value for the award

Grant price (JPY) 1,295.80 yen per share Telegraphic Transfer Middle Rate on transaction date

Indirect holdings after grant 675 shares Held in management's stock ownership plan

Direct holdings after grant 100,600 shares Direct ownership of Honda common stock

Total reported holdings 101,275 shares Sum of direct and indirect positions after grant

Key Terms

Managing Executive Officer, management's stock ownership plan, Grant, award, or other acquisition, Telegraphic Transfer Middle Rate (TTM)

4 terms

Managing Executive Officer financial

"Igarashi Masayuki serves as Managing Executive Officer of Honda Motor Co., Ltd."

management's stock ownership plan financial

"The 628 granted shares are held in management's stock ownership plan as indirect ownership."

Grant, award, or other acquisition financial

"The transaction is coded as a Grant, award, or other acquisition with code “A”."

Telegraphic Transfer Middle Rate (TTM) financial

"The purchase price was converted using the Telegraphic Transfer Middle Rate (TTM) on the transaction date."

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Igarashi Masayuki

(Last) (First) (Middle)

MINATOKU, TORANOMON, TORANOMON ALCEA

TOWER 2-2-3

(Street)

TOKYO JAPAN 105-8404

(City) (State) (Zip)

JAPAN

(Country)

2. Issuer Name and Ticker or Trading Symbol
HONDA MOTOR CO LTD [ HMC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Managing Executive Officer

2a. Foreign Trading Symbol
[TSE: 7267]

3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	04/01/2026		A		628	A	$8.16(1)	675	I	Held in management's stock ownership plan
Common Stock								100,600	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The purchase price is 1,295.80 Japanese yen per share. The purchase price reported has been converted to U.S. dollars using the Telegraphic Transfer Middle Rate (TTM) applicable on the transaction date.

	Koichi Awano, Attorney-in-fact	04/01/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Honda (HMC) report for Masayuki Igarashi?

Honda reported that Managing Executive Officer Masayuki Igarashi received a grant of 628 shares of common stock. The award was recorded on April 1, 2026 and reflects compensation in equity rather than an open-market stock purchase or sale.

At what price were the 628 Honda (HMC) shares granted to Masayuki Igarashi?

The 628 Honda shares were valued at $8.16 per share for reporting purposes. This U.S. dollar amount was converted from 1,295.80 Japanese yen per share using the Telegraphic Transfer Middle Rate applicable on the transaction date.

How many Honda (HMC) shares does Masayuki Igarashi hold after this Form 4 transaction?

After the transaction, Masayuki Igarashi holds 675 Honda common shares indirectly through a management stock ownership plan. He also directly owns 100,600 Honda common shares, giving a combined reported position of 101,275 shares following the April 1, 2026 grant.

Was the Honda (HMC) Form 4 transaction a market buy or sell of shares?

No, the Form 4 describes a grant or award acquisition of 628 Honda shares, coded as an “A” transaction. This reflects compensation in stock, not an open-market buy or sell, and therefore carries a different implication than discretionary trading activity.

How are the newly granted Honda (HMC) shares held for Masayuki Igarashi?

The 628 newly granted Honda shares are held indirectly in a management's stock ownership plan. This means the shares are recorded as indirect ownership on the Form 4 rather than as directly held shares in Igarashi’s personal brokerage or similar account.