PayPay (PAYP) director exercises stock options, now holds 57K shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PayPay Corp director and officer Nakayama Ichiro exercised stock options to acquire 2,600 Common Shares at $8.11 per share on June 9, 2026. The Common Shares are represented by American Depositary Shares on a one-for-one basis. Following the transaction, he directly holds 57,078.4 Common Shares.
The exercise related to 13 Stock Options, each exercisable for 200 Common Shares. After this event, 190 options remain outstanding, each with an exercise price of JPY 1,300 per Common Share, expiring on March 31, 2033 and vesting in two equal installments on April 1, 2027 and April 1, 2028. No shares were sold in this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
13 shares exercised/converted
Mixed
2 txns
Insider
Nakayama Ichiro
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Options (Right to Buy) | 13 | $0.00 | -- |
| Exercise | Common Shares | 2,600 | $8.11 | $21K |
Holdings After Transaction:
Stock Options (Right to Buy) — 190 shares (Direct, null);
Common Shares — 57,078.4 shares (Direct, null)
Footnotes (1)
- The Common Shares are represented by American Depositary Shares (ADS). The Common Shares received upon exercise of any Stock Options will be converted into ADSs on a one-for-one basis. The exercise price is denominated in Japanese Yen. For purposes of calculating the dollar denominated exercise price per Common Share, the exercise price of JPY 1,300 perCommon Share has been converted to U.S. Dollars at the exchange rate of JPY 160.2600 = US$1.00, which was the foreign exchange rate on June 5, 2026, as reported by theU.S. Federal Reserve in its weekly release on June 8, 2026. The exercise price is the actual Japanese Yen amount regardless of the exchange rate on the date of exercise. 190 options to vest in two equal annual installments on April 1, 2027, and April 1, 2028. The Form 3 filed on March 18, 2026, reflected the vesting terms relating to the number of shares underlying such options, with each option exercisable for 200 Common Shares. Reflects awards of stock options, with each option exercisable for 200 Common Shares.
Key Figures
Shares acquired: 2,600 Common Shares
Exercise price per share: $8.11 per Common Share
Post-transaction holdings: 57,078.4 Common Shares
+5 more
8 metrics
Shares acquired
2,600 Common Shares
Acquired via stock option exercise on June 9, 2026
Exercise price per share
$8.11 per Common Share
Dollar-equivalent exercise price for options exercised
Post-transaction holdings
57,078.4 Common Shares
Direct ownership after reported transactions
Options exercised
13 stock options
Each option exercisable for 200 Common Shares
Remaining options
190 stock options
To vest in two equal installments in 2027 and 2028
Yen exercise price
JPY 1,300 per Common Share
Actual exercise price denominated in Japanese Yen
FX rate used
JPY 160.2600 = US$1.00
Rate used to calculate $8.11 exercise price
Option expiry
March 31, 2033
Expiration date of remaining stock options
Key Terms
American Depositary Shares (ADS), exercise price, Stock Options (Right to Buy), derivative security, +1 more
5 terms
exercise price financial
"The exercise price is denominated in Japanese Yen."
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
Stock Options (Right to Buy) financial
"Stock Options (Right to Buy)"
derivative security financial
"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.
vesting financial
"190 options to vest in two equal annual installments on April 1, 2027, and April 1, 2028."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What did Nakayama Ichiro report in this PayPay (PAYP) Form 4 filing?
Nakayama Ichiro reported exercising stock options to acquire 2,600 PayPay Common Shares at $8.11 per share. These shares are represented by American Depositary Shares, and the filing shows updated direct holdings and remaining option awards with their key terms.
What stock options did Nakayama Ichiro exercise in the PayPay (PAYP) Form 4?
He exercised 13 Stock Options, each exercisable for 200 Common Shares, acquiring a total of 2,600 Common Shares. The options carried an exercise price equivalent to $8.11 per share based on a JPY 1,300 exercise price converted using a stated exchange rate.
What PayPay (PAYP) stock options remain after this Form 4 transaction?
The filing shows 190 remaining stock options, each exercisable for 200 Common Shares at an exercise price of JPY 1,300 per Common Share. These options expire on March 31, 2033 and vest in two equal annual installments on April 1, 2027 and April 1, 2028.