Nomura Holdings (NMR) officer details cash-settled Notional Stock Unit awards

Rhea-AI Filing Summary

Nomura Holdings Inc. officer Patrick James Eltridge filed an initial Form 3 reporting his holdings of cash-settled Notional Stock Units linked to Nomura common stock. Each unit represents the right to receive cash equal in value to one share of common stock and has no separate expiration date.

The filing lists several blocks of Notional Stock Units with different future exercise dates, including units tied to 252,444 underlying shares exercisable on April 1, 2026 and units tied to 30,922 underlying shares exercisable on June 30, 2026. Additional tranches extend through 2030, showing a staggered schedule of long-term incentive awards rather than any current share purchases or sales.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Eltridge Patrick James

(Last) (First) (Middle)

13-1, NIHONBASHI 1-CHOME, CHUO-KU

(Street)

TOKYO JAPAN 103-8645

(City) (State) (Zip)

JAPAN

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
NOMURA HOLDINGS INC [ NMR ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	See Remarks

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
No Securities Beneficially Owned	0	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Notional Stock Units(1)	04/01/2026	(2)	Common Stock	252,444	(1)	D
Notional Stock Units(1)	06/30/2026	(2)	Common Stock	30,922	(1)	D
Notional Stock Units(1)	04/01/2027	(2)	Common Stock	128,118	(1)	D
Notional Stock Units(1)	06/30/2027	(2)	Common Stock	12,420	(1)	D
Notional Stock Units(1)	04/01/2028	(2)	Common Stock	68,875	(1)	D
Notional Stock Units(1)	06/30/2028	(2)	Common Stock	12,420	(1)	D
Notional Stock Units(1)	04/01/2029	(2)	Common Stock	23,472	(1)	D
Notional Stock Units(1)	04/01/2030	(2)	Common Stock	11,736	(1)	D

Explanation of Responses:

1. Each Notional Stock Unit represents the right to receive cash equal in value to one share of Common Stock.

2. No separate expiration date.

Remarks:

Chief Information Officer Exhibit 24: Power of Attorney

	/s/ Takashi Futaki, as Attorney-in-fact	03/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

FAQ

What does the Nomura Holdings (NMR) Form 3 for Patrick James Eltridge show?

The Form 3 shows Patrick James Eltridge’s existing Notional Stock Unit holdings tied to Nomura common stock. It details multiple tranches of cash-settled units with specific future exercise dates, establishing his starting derivative-based position as an officer without reporting any current stock purchases or sales.

What are Notional Stock Units reported by Nomura Holdings (NMR) officer Eltridge?

The Notional Stock Units are cash-settled incentives where each unit represents the right to receive cash equal to one share of Nomura common stock. They function as long-term compensation, tracking share value without conveying actual share ownership or direct voting rights in this filing.

When do Patrick James Eltridge’s Notional Stock Units in Nomura (NMR) become exercisable?

The Notional Stock Units have staggered future exercise dates, including tranches linked to 252,444 underlying shares exercisable on April 1, 2026 and 30,922 shares on June 30, 2026. Additional units are scheduled through 2030, indicating a long-term vesting structure for his incentive awards.

Does the Nomura (NMR) Form 3 show Patrick James Eltridge buying or selling shares?

No, the Form 3 does not report any stock purchases or sales. It only lists existing holdings of Notional Stock Units and their future exercise dates. All transactions are classified as holdings with unknown transaction codes, reflecting position disclosure rather than trading activity.

How are Patrick James Eltridge’s Notional Stock Units in Nomura (NMR) settled?

The Notional Stock Units are settled in cash, not in actual shares. Each unit entitles him to cash equal in value to one Nomura common share, and the footnotes specify there is no separate expiration date, underscoring their role as cash-based long-term incentives.