Mizuho (NYSE: MFG) CIO details phantom stock unit awards and shares
Rhea-AI Filing Summary
MIZUHO FINANCIAL GROUP INC director and Chief Information Officer Mitsuhiro Kanazawa filed an initial ownership report showing existing holdings in common stock and phantom stock units. He directly holds 11,674 shares of common stock and an additional 447.965 shares indirectly through an ESOP.
The filing also lists several phantom stock unit awards tied to the issuer’s common stock. These include units linked to 17,990 shares that are fully vested and settle upon retirement, and additional grants covering 4,652, 3,576, and 1,996 underlying shares. Some of these units vest in three equal annual installments beginning on July 1, 2024, 2025, and 2026. Each phantom stock unit represents a contingent right to receive one share of common stock, settled in cash or stock at the issuer’s election.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Phantom Stock Units - Retirement | -- | -- | -- |
| holding | Phantom Stock Units | -- | -- | -- |
| holding | Phantom Stock Units | -- | -- | -- |
| holding | Phantom Stock Units | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- These phantom stock units are fully vested and settle upon the Reporting Person's retirement from the Company. Each phantom stock unit represents a contingent right to receive one share of Issuer Common Stock, which will be settled in cash or common stock upon settlement at the Issuer's election. These phantom stock units vest in three equal annual installments beginning on July 1, 2026. Represents the unvested portion of a grant of phantom stock units which vest in three equal annual installments beginning on July 1, 2025. Represents the unvested portion of a grant of phantom stock units which vest in three equal annual installments beginning on July 1, 2024.
