Mizuho (MFG) director exercises phantom units and disposes shares to issuer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Mizuho Financial Group director Makoto Hitomi reported compensation-related equity movements involving common stock and phantom stock units. On July 1, 2026, Hitomi exercised 1,112 phantom stock units into the same number of common shares at a reported price of $0.0000 per share, increasing direct holdings to 4,982 common shares. On the same date, Hitomi disposed of 445 common shares back to the issuer at a reported price of $21,431.3100 per share, characterized as a disposition to issuer rather than an open-market sale. Footnotes explain that each phantom stock unit represents a right to receive one share of common stock, settled in cash or stock at the issuer’s election, and that some units vested and were settled in cash. The filing also notes 582.631 common shares held indirectly through an Employee Stock Ownership Plan account as of May 31, 2026, and 2,224 phantom stock units remaining after this transaction, which vest in three equal installments beginning July 1, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,112 shares exercised/converted
Mixed
4 txns
Insider
Hitomi Makoto
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Phantom Stock Units | 1,112 | $0.00 | -- |
| Exercise | Common Stock | 1,112 | $0.00 | -- |
| Disposition | Common Stock | 445 | $21,431.31 | $9.54M |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Phantom Stock Units — 2,224 shares (Direct);
Common Stock — 4,982 shares (Direct);
Common Stock — 582.631 shares (Indirect, By ESOP)
Footnotes (1)
- 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. Represents the portion of the phantom stock units that vested and being settled in cash. The price reported herein was converted from Japanese yen to United States dollars at a conversion price of JPY 1 to U.S. $0.006163328. These shares were disposed of at a price per share of JPY7,814. Represents the number of shares in the Reporting Person's Employee Stock Ownership Plan ("ESOP") account as of May 31, 2026. These phantom stock units vest in three equal installments beginning July 1, 2026.
Key Figures
Common shares disposed to issuer: 445 shares
Disposition price per share: $21,431.3100 per share
Phantom units exercised: 1,112 units
+4 more
7 metrics
Common shares disposed to issuer
445 shares
Disposition to issuer on July 1, 2026
Disposition price per share
$21,431.3100 per share
Price reported for 445-share disposition
Phantom units exercised
1,112 units
Converted into 1,112 common shares at $0.0000
Direct common shares after transactions
4,982 shares
Direct holdings following July 1, 2026 transactions
Indirect ESOP holdings
582.631 shares
ESOP account as of May 31, 2026
Remaining phantom stock units
2,224 units
Balance after 1,112-unit exercise
Phantom units vesting schedule
3 equal installments
Beginning July 1, 2026
Key Terms
Phantom Stock Units, Employee Stock Ownership Plan ("ESOP"), Disposition to issuer, contingent right, +1 more
5 terms
Phantom Stock Units financial
"Each phantom stock unit represents a contingent right to receive one share of Issuer Common Stock"
Phantom stock units are company promises that pay a cash or stock-equivalent award tied to the firm’s share price or value growth, but they do not issue actual shares. Think of them as a bonus check that moves with the stock like a mirror rather than handing over an ownership slice. Investors care because these awards can affect a company’s future cash obligations, executive incentives and reported expenses without causing share dilution.
Employee Stock Ownership Plan ("ESOP") financial
"Represents the number of shares in the Reporting Person's Employee Stock Ownership Plan ("ESOP") account"
Disposition to issuer financial
"transaction_code_description": "Disposition to issuer""
contingent right financial
"Each phantom stock unit represents a contingent right to receive one share of Issuer Common Stock"
vest in three equal installments financial
"These phantom stock units vest in three equal installments beginning July 1, 2026."
FAQ
What insider equity transactions did Mizuho Financial Group (MFG) report for Makoto Hitomi?
Mizuho director Makoto Hitomi exercised 1,112 phantom stock units into common shares and disposed of 445 common shares back to the issuer. These actions reflect compensation-related equity settlement, not open-market buying or selling activity.
What are the terms of Makoto Hitomi’s phantom stock units at Mizuho Financial Group (MFG)?
Each phantom stock unit represents a contingent right to receive one Mizuho common share, settled in cash or stock at the issuer’s election. Following the transaction, 2,224 phantom units remain and vest in three equal installments beginning July 1, 2026.
How were currency and pricing handled in Makoto Hitomi’s Mizuho (MFG) phantom stock settlement?
The filing states the price was converted from Japanese yen to U.S. dollars using a rate of JPY 1 to $0.006163328. The disposed shares were priced at JPY 7,814 per share, with U.S. dollar values reported in the transaction table.
What indirect Mizuho Financial Group (MFG) holdings does Makoto Hitomi report?
Makoto Hitomi reports 582.631 Mizuho common shares held indirectly through an Employee Stock Ownership Plan account as of May 31, 2026. This ESOP position is separate from Hitomi’s directly held common shares and phantom stock units.