Mizuho officer exercises awards, trims share holdings
Mizuho Financial Group officer Naoshi Inomata reported a mix of stock acquisitions and dispositions tied to equity compensation awards.
Rhea-AI Filing Summary
Mizuho Financial Group officer Naoshi Inomata reported a mix of stock acquisitions and dispositions tied to equity compensation awards. On July 1, 2026, he acquired 6,261 shares of common stock through exercises or conversions of phantom stock units and disposed of 2,505 shares back to the issuer in a non-market transaction. Following these movements, he directly held 20,529 shares of common stock. The filing also shows multiple phantom stock unit grants, some of which vested and were settled for cash at JPY 7,814 per share, while others continue to vest in three equal installments beginning on July 1, 2025 and July 1, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
6,261 shares exercised/converted
Exercise
5 txns
Insider
Inomata Naoshi
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Phantom Stock Units | 1,712 | $0.00 | $0.00 |
| Exercise | Phantom Stock Units | 1,974 | $0.00 | $0.00 |
| Exercise | Phantom Stock Units | 2,575 | $0.00 | $0.00 |
| Exercise | Common Stock | 6,261 | $0.00 | $0.00 |
| Disposition | Common Stock | 2,505 | $120,641.41 as filed | -- |
- Price shown as filed: $120,641.41 per share is far above the $9.80 close on Jul 1, 2026, so no transaction value is shown.
Holdings After Transaction:
Phantom Stock Units — 5,401 contracts (Direct);
Common Stock — 20,529 shares (Direct)
Footnotes (5)
- F1. 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.
- F2. 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.
- F3. These phantom stock units vest in three equal installments beginning July 1, 2026.
- F4. These phantom stock units vest in three equal installments beginning July 1, 2025.
- F5. These phantom stock units vested on July 1, 2026.
Key Figures
Shares disposed to issuer: 2,505 shares
Shares acquired via exercise: 6,261 shares
Post-transaction holdings: 23,034 shares
+4 more
7 metrics
Shares disposed to issuer
2,505 shares
Common Stock, disposition to issuer on July 1, 2026
Shares acquired via exercise
6,261 shares
Common Stock obtained through derivative exercises on July 1, 2026
Post-transaction holdings
23,034 shares
Common Stock directly held after July 1, 2026 transactions
Cash settlement price
JPY 7,814 per share
Price for vested phantom stock units settled in cash
Phantom units exercised (tranche 1)
2,575 units
Phantom Stock Units exercised into Common Stock
Phantom units exercised (tranche 2)
1,974 units
Phantom Stock Units exercised into Common Stock
Phantom units exercised (tranche 3)
1,712 units
Phantom Stock Units exercised into Common Stock
Key Terms
Phantom Stock Units, derivative security, Disposition to issuer, contingent right
4 terms
Phantom Stock Units financial
"The filing lists several transactions in "Phantom Stock Units" that convert into 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.
derivative security financial
"Transaction code M is described as "Exercise or conversion of derivative security" in the data."
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
Disposition to issuer financial
"The common stock transaction with code D is labeled "Disposition to issuer"."
contingent right financial
"Each phantom stock unit represents a "contingent right" to receive one share of Common Stock."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Naoshi Inomata report at Mizuho Financial Group (MFG)?
Naoshi Inomata reported acquiring common shares via phantom stock unit exercises and disposing of shares back to the issuer. The transactions reflect routine equity compensation activity, including conversions of phantom units into common stock and cash settlements of vested awards at a stated yen price.
What are phantom stock units in the Mizuho Financial Group (MFG) Form 4 filing?
The Form 4 states each phantom stock unit represents a contingent right to receive one share of Mizuho Financial Group common stock. These units are settled in cash or common stock at the issuer’s election, and several tranches vest on specified dates in equal installments.
At what price were some Mizuho Financial Group (MFG) phantom stock units settled?
A portion of the phantom stock units that vested was settled for cash at a price of JPY 7,814 per share. The filing notes this price was converted to U.S. dollars using a rate of JPY 1 to $0.006163328 for reporting purposes.
How do Naoshi Inomata’s phantom stock units at Mizuho Financial Group (MFG) vest?
The filing explains that certain phantom stock unit grants vest in three equal installments beginning July 1, 2025, while others vest in three equal installments beginning July 1, 2026. Another tranche is disclosed as having vested on July 1, 2026, triggering settlement activity.
AI-generated analysis. How Rhea-AI works. Not financial advice.
