Mizuho (NYSE: MFG) executive settles phantom stock units, updates share and ESOP holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Mizuho Financial Group executive Hideki Tsujimori reported compensation-related equity activity involving phantom stock units and common stock. He exercised 1,315 phantom stock units, receiving the same number of common shares. A portion of the vested phantom units was settled in cash, with related shares disposed of back to the issuer.
After these transactions, he directly held 3,678 shares of common stock and 2,632 phantom stock units. In addition, 532.217 shares were held indirectly through his Employee Stock Ownership Plan account as of May 31, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,315 shares exercised/converted
Mixed
4 txns
Insider
Tsujimori Hideki
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Phantom Stock Units | 1,315 | $0.00 | -- |
| Exercise | Common Stock | 1,315 | $0.00 | -- |
| Disposition | Common Stock | 526 | $25,332.29 | $13.32M |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Phantom Stock Units — 2,632 shares (Direct, null);
Common Stock — 3,678 shares (Direct, null);
Common Stock — 532.217 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
Phantom units exercised: 1,315 units
Shares disposed to issuer: 526 shares
Direct common shares after transactions: 3,678 shares
+4 more
7 metrics
Phantom units exercised
1,315 units
Converted into 1,315 shares of common stock on July 1, 2026
Shares disposed to issuer
526 shares
Common stock disposition to issuer coded as D on July 1, 2026
Direct common shares after transactions
3,678 shares
Total direct holdings following July 1, 2026 transactions
Remaining phantom stock units
2,632 units
Phantom stock unit balance after exercise on July 1, 2026
ESOP holdings
532.217 shares
Shares in Employee Stock Ownership Plan account as of May 31, 2026
JPY price per share
JPY 7,814
Price used for disposed phantom stock units per footnote
FX conversion rate
JPY 1 = $0.006163328
Rate used to convert phantom unit value into U.S. dollars
Key Terms
Phantom Stock Units, Employee Stock Ownership Plan, Disposition to issuer, Exercise or conversion of derivative security, +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 financial
"Represents the number of shares in the Reporting Person's Employee Stock Ownership Plan ("ESOP") account..."
An employee stock ownership plan (ESOP) is a company-run program that gives workers ownership stakes by allocating or letting them buy company shares, often through a retirement-style account. For investors, ESOPs matter because they align employees’ incentives with company performance—like turning staff into shareholders—which can boost productivity and long-term value but may also concentrate employee retirement savings in company stock, affecting financial risk and share demand.
Disposition to issuer financial
"transaction_code_description": "Disposition to issuer""
Exercise or conversion of derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
contingent right financial
"Each phantom stock unit represents a contingent right to receive one share..."
FAQ
What insider transactions did Mizuho Financial Group (MFG) report for Hideki Tsujimori?
Mizuho executive Hideki Tsujimori exercised 1,315 phantom stock units into common stock and disposed of some related shares back to the issuer. These actions are compensation-related, reflecting settlement of equity awards rather than open-market buying or selling activity.
What are phantom stock units in the Mizuho Financial Group (MFG) filing?
Each phantom stock unit represents a contingent right to receive one share of Mizuho common stock. The company can settle these units in cash or shares upon settlement, at its election, making them a cash- or stock-settled equity-based compensation instrument.
How were Mizuho Financial Group (MFG) phantom stock units valued in this transaction?
The filing notes that disposed phantom stock units were priced using JPY 7,814 per share, converted to U.S. dollars at JPY 1 to $0.006163328. This conversion rate determined the U.S. dollar value of the cash settlement for the vested portion of the units.
When do remaining Mizuho Financial Group (MFG) phantom stock units vest for Hideki Tsujimori?
The phantom stock units vest in three equal installments beginning July 1, 2026. This schedule spreads vesting over multiple future dates, tying the executive’s compensation to ongoing service and the future performance of Mizuho Financial Group.