Were there any open-market share purchases or sales by Go Sugiyama in this Nomura (NMR) filing?

No open-market purchases or sales are shown. The Form 4 lists compensation-related grants coded “A” for award or acquisition, rather than market trades, and a holding entry showing his direct ownership of common stock after these awards.

Nomura Holdings (NMR) officer receives multi-year RSU and notional stock unit grants

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Nomura Holdings Inc. officer Go Sugiyama reported new equity-based compensation awards. On 2026-05-25, he received three grants of 6,600 Restricted Stock Units each, with scheduled conversion into one share of common stock per unit on 2027-04-01, 2028-04-01, and 2029-04-01. The grant price is shown as $0.0000 per unit, reflecting compensation rather than a market purchase.

He also received three grants of Notional Stock Units of 6,583, 6,584, and 6,584 units, each representing the right to receive cash equal in value to one share of common stock at future dates matching the same 2027-04-01, 2028-04-01, and 2029-04-01 schedule. These are derivative awards, not open-market transactions. Following the reported transactions, his direct holdings of common stock are shown as 53,814 shares.

Insider Trade Summary

7 transactions reported

Mixed 7 txns

Insider Sugiyama Go

Role See Remarks

Type	Security	Shares	Price	Value
Grant/Award	Notional Stock Units	6,584	$0.00	--
Grant/Award	Notional Stock Units	6,584	$0.00	--
Grant/Award	Notional Stock Units	6,583	$0.00	--
Grant/Award	Restricted Stock Units	6,600	$0.00	--
Grant/Award	Restricted Stock Units	6,600	$0.00	--
Grant/Award	Restricted Stock Units	6,600	$0.00	--
holding	Common Stock	--	--	--

Holdings After Transaction: Notional Stock Units — 51,660 shares (Direct, null); Restricted Stock Units — 51,700 shares (Direct, null); Common Stock — 53,814 shares (Direct, null)

Footnotes (1)

Each Notional Stock Unit represents the right to receive cash equal in value to one share of Common Stock. No separate Expiration Date. Each Restricted Stock Unit represents the right to receive one share of Common Stock.

Key Figures

RSU grant 1: 6,600 units RSU grant 2: 6,600 units RSU grant 3: 6,600 units +4 more

7 metrics

RSU grant 1 6,600 units Restricted Stock Units, exercise date April 1, 2027

RSU grant 2 6,600 units Restricted Stock Units, exercise date April 1, 2028

RSU grant 3 6,600 units Restricted Stock Units, exercise date April 1, 2029

Notional Stock Units grant 1 6,583 units Cash-settled units, exercise date April 1, 2029

Notional Stock Units grant 2 6,584 units Cash-settled units, exercise date April 1, 2028

Notional Stock Units grant 3 6,584 units Cash-settled units, exercise date April 1, 2027

Common stock held 53,814 shares Direct common stock ownership after transactions

Key Terms

Restricted Stock Units, Notional Stock Units, derivative awards, equity-based compensation, +1 more

5 terms

Restricted Stock Units financial

"He received three grants of 6,600 Restricted Stock Units each, with scheduled conversion"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

Notional Stock Units financial

"He also received three grants of Notional Stock Units of 6,583, 6,584, and 6,584 units"

derivative awards financial

"These are derivative awards, not open-market transactions."

equity-based compensation financial

"Go Sugiyama reported new equity-based compensation awards."

Equity-based compensation is pay given to employees or contractors in the form of company ownership—such as stock, stock options, or restricted shares—instead of or in addition to cash. It matters to investors because it aligns workers’ interests with shareholders (like giving employees a slice of the company pie), but can also dilute existing owners and appears as a real cost on financial statements, affecting earnings and share value.

common stock financial

"Each unit represents the right to receive one share of common stock per unit"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

Form 4 Insider Transactions: What Each Field Means →

05/27/2026 - 06:11 AM

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Sugiyama Go

(Last)

(First)

(Middle)

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

(Street)

TOKYO

JAPAN

103-8645

(City)

(State)

(Zip)

JAPAN

(Country)

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

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

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

2a. Foreign Trading Symbol
[TSE: 8604]

3. Date of Earliest Transaction (Month/Day/Year)
05/25/2026

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

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

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

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock								53,814	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Notional Stock Units⁽¹⁾	⁽¹⁾	05/25/2026		A		6,584		04/01/2027	⁽²⁾	Common stock	6,584	$0	51,660	D
Notional Stock Units⁽¹⁾	⁽¹⁾	05/25/2026		A		6,584		04/01/2028	⁽²⁾	Common stock	6,584	$0	58,244	D
Notional Stock Units⁽¹⁾	⁽¹⁾	05/25/2026		A		6,583		04/01/2029	⁽²⁾	Common stock	6,583	$0	64,827	D
Restricted Stock Units⁽³⁾	⁽³⁾	05/25/2026		A		6,600		04/01/2027	⁽²⁾	Common stock	6,600	$0	51,700	D
Restricted Stock Units⁽³⁾	⁽³⁾	05/25/2026		A		6,600		04/01/2028	⁽²⁾	Common stock	6,600	$0	58,300	D
Restricted Stock Units⁽³⁾	⁽³⁾	05/25/2026		A		6,600		04/01/2029	⁽²⁾	Common stock	6,600	$0	64,900	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.

3. Each Restricted Stock Unit represents the right to receive one share of Common Stock.

Remarks:

Executive Officer, Deputy President, Head of Banking

	/s/ Takashi Futaki, as Attorney-in-fact	05/25/2026
	** 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 4 (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 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did Go Sugiyama report in this Form 4 for Nomura Holdings (NMR)?

Go Sugiyama reported receiving new equity-based compensation awards. These include grants of Restricted Stock Units and Notional Stock Units tied to Nomura common stock, with future conversion or cash-settlement dates rather than any open-market share purchases or sales.

How many Restricted Stock Units did Go Sugiyama receive from Nomura Holdings (NMR)?

He received three Restricted Stock Unit grants of 6,600 units each. Each unit represents the right to receive one share of Nomura common stock on scheduled future dates in 2027, 2028, and 2029, reflecting compensation instead of a cash salary payment.

What are the Notional Stock Units granted to Go Sugiyama at Nomura Holdings (NMR)?

The Notional Stock Units are cash-settled awards linked to Nomura’s share price. Each unit represents the right to receive cash equal in value to one share of common stock, with grants of 6,583 and two of 6,584 units vesting on future April 1 dates.

What is Go Sugiyama’s direct common stock holding after these Nomura (NMR) transactions?

The filing reports 53,814 shares of Nomura common stock held directly after the transactions. This figure provides context for his existing equity position, while the newly granted Restricted and Notional Stock Units add additional, primarily future, equity-linked compensation.

When do Go Sugiyama’s new Nomura (NMR) equity awards become deliverable?

The Restricted Stock Units and Notional Stock Units have exercise or delivery dates on April 1 of 2027, 2028, and 2029. On these dates, the RSUs convert into shares and the Notional Stock Units into cash based on Nomura’s common stock value.