Mizuho (NYSE: MFG) executive exercises phantom units and disposes shares to issuer
Rhea-AI Filing Summary
MIZUHO FINANCIAL GROUP INC executive Nobuhiro Kaminoyama reported a mix of equity compensation exercises and a share disposition to the issuer. On July 1, 2026, he exercised derivative awards labeled as phantom stock units to acquire a total of 6,054 shares of common stock at a stated price of $0.0000 per share, classified as exercises or conversions of derivative securities.
On the same date, a separate transaction shows 2,422 shares of common stock disposed of in a transaction to the issuer at a reported price of $116,644.1100 per share, leaving 17,354 shares of common stock held directly. In addition, 2,583.859 shares are held indirectly through an Employee Stock Ownership Plan as of May 31, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 3,632 shares
Net Buy
6 txns
Insider
Kaminoyama Nobuhiro
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Phantom Stock Units | 1,629 | $0.00 | $0.00 |
| Exercise | Phantom Stock Units | 1,974 | $0.00 | $0.00 |
| Exercise | Phantom Stock Units | 2,451 | $0.00 | $0.00 |
| Exercise | Common Stock | 6,054 | $0.00 | $0.00 |
| Disposition | Common Stock | 2,422 | $116,644.11 | $282.51M |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Phantom Stock Units — 5,235 shares (Direct);
Common Stock — 17,354 shares (Direct);
Common Stock — 2,583.859 shares (Indirect, By ESOP)
Footnotes (6)
- 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. Represents the number of shares in the Reporting Person's Employee Stock Ownership Plan ("ESOP") account as of May 31, 2026.
- F4. These phantom stock units vest in three equal installments beginning July 1, 2026.
- F5. These phantom stock units vest in three equal installments beginning July 1, 2025.
- F6. These phantom stock units vested on July 1, 2026.
Key Figures
Derivative exercises: 6,054 shares
Disposition to issuer: 2,422 shares
Disposition price: $116,644.1100 per share
+4 more
7 metrics
Derivative exercises
6,054 shares
Common stock acquired via phantom stock unit exercises on July 1, 2026
Disposition to issuer
2,422 shares
Common stock disposed to issuer on July 1, 2026
Disposition price
$116,644.1100 per share
Reported price for 2,422 common shares disposed to issuer
Direct common stock holdings
17,354 shares
Common shares held directly after transactions on July 1, 2026
Indirect ESOP holdings
2,583.859 shares
Shares in ESOP account as of May 31, 2026
Exercise price for units
$0.0000 per unit
Stated transaction price per phantom stock unit exercised
Derivative exercises count
3 transactions
Phantom stock unit exercises coded as M on July 1, 2026
Key Terms
Phantom Stock Units, contingent right, Employee Stock Ownership Plan, disposition to issuer, +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.
contingent right financial
"represents a contingent right to receive one share of Issuer Common Stock"
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Nobuhiro Kaminoyama report in this MFG Form 4 filing?
Nobuhiro Kaminoyama reported exercises of phantom stock units into common stock and a disposition of 2,422 common shares to the issuer, along with updated direct and ESOP-related holdings in Mizuho Financial Group common stock.
What are Kaminoyama’s reported direct holdings of Mizuho (MFG) after these transactions?
After the reported transactions, Kaminoyama directly holds 17,354 shares of Mizuho common stock. This figure reflects the balance following the exercises of phantom units and the separate disposition to the issuer noted in the filing.
What indirect Mizuho (MFG) holdings does Kaminoyama have through the ESOP?
The filing shows 2,583.859 Mizuho common shares in Kaminoyama’s Employee Stock Ownership Plan account as of May 31, 2026. These are reported as indirectly owned shares, held through the ESOP structure rather than directly.
What are phantom stock units in the Mizuho (MFG) Form 4 footnotes?
Footnotes explain each phantom stock unit represents a contingent right to receive one share of Mizuho common stock. Upon settlement, the issuer may deliver either cash or common stock, at the issuer’s election under the plan terms.