PayPay officer exercises options for 3,400 shares
PayPay Corp officer Kagechika Wataru exercised stock options to acquire 3,400 Common Shares on June 10, 2026 at an exercise price of $8.11 per share.
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Form Type
4
Rhea-AI Filing Summary
PayPay Corp officer Kagechika Wataru exercised stock options to acquire 3,400 Common Shares on June 10, 2026 at an exercise price of $8.11 per share. Following the exercise, he held 10,278 Common Shares directly. Each option is exercisable for 200 Common Shares, which are represented by American Depositary Shares on a one-for-one basis.
Insider Trade Summary
17 shares exercised/converted
Exercise
2 txns
Insider
Kagechika Wataru
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Options (Right to Buy) | 17 | $0.00 | $0.00 |
| Exercise | Common Shares | 3,400 | $8.11 | $28K |
Holdings After Transaction:
Stock Options (Right to Buy) — 32 contracts (Direct);
Common Shares — 10,278 shares (Direct)
Footnotes (4)
- F1. 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.
- F2. 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 per Common 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 the U.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.
- F3. 32 options were 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. On June 11, 2026, the 32 stock options indicated above were forfeited for no value pursuant to the terms of the applicable award agreements.
- F4. Reflects awards of stock options, with each option exercisable for 200 Common Shares.
Key Figures
Shares acquired via exercise: 3,400 Common Shares
Exercise price per share: $8.11 per Common Share
Shares held after transaction: 10,278 Common Shares
+5 more
8 metrics
Shares acquired via exercise
3,400 Common Shares
Option exercise on June 10, 2026
Exercise price per share
$8.11 per Common Share
Converted from JPY 1,300 at JPY 160.2600 = US$1.00
Shares held after transaction
10,278 Common Shares
Direct ownership following June 10, 2026 exercise
Option-to-share ratio
200 Common Shares per option
Each stock option exercisable for 200 Common Shares
Yen exercise price
JPY 1,300 per Common Share
Original option strike price denominated in Japanese Yen
FX rate used
JPY 160.2600 = US$1.00
Conversion rate referenced for dollar exercise price
Option expiration
March 31, 2033
Expiration date for stock options involved
Forfeited options
32 stock options
Forfeited for no value on June 11, 2026
Key Terms
American Depositary Shares (ADS), exercise price, vesting, forfeited for no value, +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.
vesting financial
"32 options were 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.
forfeited for no value financial
"On June 11, 2026, the 32 stock options indicated above were forfeited for no value"
stock options (Right to Buy) financial
"Stock Options (Right to Buy)"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did PayPay (PAYP) report for Kagechika Wataru?
PayPay reported that officer Kagechika Wataru exercised stock options to acquire 3,400 Common Shares. This was a derivative exercise transaction, not an open-market purchase or sale, and increased his directly held share count to 10,278 Common Shares.
At what price did Kagechika Wataru exercise his PayPay (PAYP) stock options?
The options were exercised at an effective price of $8.11 per Common Share. This U.S. dollar figure reflects a conversion from a JPY 1,300 exercise price using an exchange rate of JPY 160.2600 to US$1.00 as of early June 2026.
What derivative securities were involved in the PayPay (PAYP) Form 4 filing?
The filing shows Stock Options (Right to Buy) covering 3,400 underlying Common Shares. Each option is exercisable for 200 Common Shares at JPY 1,300 per share, with an expiration date of March 31, 2033, and the reported transaction was an option exercise.
What does the Form 4 say about vesting and forfeiture of PayPay (PAYP) stock options?
It notes 32 stock options were scheduled to vest in two equal installments on April 1, 2027 and April 1, 2028. However, on June 11, 2026, those 32 stock options were forfeited for no value under the terms of the applicable award agreements.
AI-generated analysis. How Rhea-AI works. Not financial advice.
