ORIX CORP (IX) director reports 2,000 share-based compensation points in Form 3
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
ORIX CORP director Seki Miwa has reported initial holdings of share-based compensation in a Form 3 filing. The filing shows an indirect interest in 2,000 share-based compensation points held through a Board Incentive Plan Trust. Each point represents the right to receive one share of ORIX common stock upon retirement.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Seki Miwa
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Share-based Compensation Points | -- | -- | -- |
Holdings After Transaction:
Share-based Compensation Points — 2,000 shares (Indirect, By Board Incentive Plan Trust)
Footnotes (1)
- The reported derivative securities represent share-based compensation granted under ORIX Corporation's share-based compensation program, which entitles the Reporting Person to receive the stated amount of Common Stock upon retirement. Each point represents a right to receive one share of Common Stock.
FAQ
What does ORIX CORP (IX) director Seki Miwa report in this Form 3?
The Form 3 shows that director Seki Miwa has an indirect interest in 2,000 share-based compensation points. These points are part of ORIX CORP’s share-based compensation program and are held through a Board Incentive Plan Trust.
Does this ORIX CORP (IX) Form 3 show any stock purchases or sales?
The Form 3 does not show any stock purchases or sales. It simply reports an existing position of 2,000 share-based compensation points linked to common stock, which are awarded under ORIX CORP’s share-based compensation program for directors.
What will Seki Miwa receive from ORIX CORP (IX) upon retirement?
Upon retirement, Seki Miwa is entitled to receive common stock corresponding to the reported share-based compensation points. Each of the 2,000 points represents the right to receive one share of ORIX common stock, providing equity-based retirement compensation.