Mizuho Financial (NYSE: MFG) officer shifts stake with option exercise and issuer share disposition
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MIZUHO FINANCIAL GROUP INC officer Yagi Minako reported a mix of equity compensation transactions. On July 1, 2026, Yagi exercised derivative rights to acquire 3,069 shares of Common Stock, increasing direct holdings to 6,462 shares after the exercise.
The filing also shows a disposition to the issuer of 1,228 Common Stock shares, leaving 5,234 shares held directly after that transaction. Indirectly, Yagi holds 1,197.202 shares through an Employee Stock Ownership Plan as of May 31, 2026.
In addition, Yagi reported phantom stock units tied to Common Stock, including 1,594 units and 1,475 units that vest in three equal installments beginning on July 1, 2026 and July 1, 2025, respectively. A portion of the phantom stock units vested and was settled in cash rather than stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,069 shares exercised/converted
Mixed
5 txns
Insider
Yagi Minako
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Phantom Stock Units | 1,475 | $0.00 | -- |
| Exercise | Phantom Stock Units | 1,594 | $0.00 | -- |
| Exercise | Common Stock | 3,069 | $0.00 | -- |
| Disposition | Common Stock | 1,228 | $59,140.78 | $72.62M |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Phantom Stock Units — 2,952 shares (Direct);
Common Stock — 6,462 shares (Direct);
Common Stock — 1,197.202 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. These phantom stock units vest in three equal installments beginning July 1, 2025.
Key Figures
Derivative exercise into Common Stock: 3,069 shares
Disposition to issuer: 1,228 shares
Direct Common Stock holdings: 5,234 shares
+4 more
7 metrics
Derivative exercise into Common Stock
3,069 shares
Non-derivative M transaction on July 1, 2026
Disposition to issuer
1,228 shares
Code D transaction on July 1, 2026
Direct Common Stock holdings
5,234 shares
Shares owned directly after disposition
Direct Common Stock after exercise
6,462 shares
Shares owned directly after derivative exercise
Indirect ESOP holdings
1,197.202 shares
ESOP account balance as of May 31, 2026
Phantom stock units grant
1,594 units
Units tied to Common Stock, vesting from July 1, 2026
Additional phantom stock units
1,475 units
Units tied to Common Stock, vesting from July 1, 2025
Key Terms
phantom stock units, Employee Stock Ownership Plan, Disposition to issuer, derivative security
4 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 as of May 31, 2026."
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""
derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
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.
FAQ
What insider transactions did Yagi Minako report at Mizuho Financial Group (MFG)?
Yagi Minako reported exercising derivative rights to acquire 3,069 shares of Common Stock and disposing of 1,228 shares to the issuer. The filing also updates indirect ESOP holdings and phantom stock unit awards with specified vesting schedules.
How do phantom stock units work in Mizuho Financial Group’s compensation for Yagi Minako?
Each phantom stock unit represents a contingent right to one Common Stock share, settled in cash or stock at the issuer’s election. The filing notes units vesting in three equal installments starting July 1, 2025, and July 1, 2026, with some vested units settled in cash.
What are the vesting schedules for Yagi Minako’s phantom stock units at MFG?
One phantom stock unit grant of 1,475 units vests in three equal installments beginning July 1, 2025. Another grant of 1,594 units vests in three equal installments beginning July 1, 2026, providing staged future settlement opportunities in cash or stock.