Sony Group (OTC: SNEJF) director discloses stock and RSU holdings on Form 3
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Sony Group Corp director Joseph A. Kraft Jr. has filed an initial ownership report showing his equity interests in the company. He directly holds 20,000 shares of common stock.
He also holds restricted stock units representing contingent rights to receive 6,382 shares of common stock that vest on August 1, 2033, and 4,406 shares that vest on August 1, 2034. These RSU grants are subject to forfeiture and may vest earlier under certain conditions described in their terms.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Kraft Joseph A. Jr.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 6,382 shares (Direct);
Common Stock — 20,000 shares (Direct)
Footnotes (1)
- Each restricted stock unit ("RSU") represents a contingent right to receive one share of SONY common stock. The RSUs vest on August 1, 2033. The grant is subject to forfeiture and accelerated vesting in accordance with its terms. Each RSU represents a contingent right to receive one share of SONY common stock. The RSUs vest on August 1, 2034. The grant is subject to forfeiture and accelerated vesting in accordance with its terms.
FAQ
What does the Sony Group Corp (SNEJF) Form 3 filing disclose for Joseph A. Kraft Jr.?
The Form 3 filing shows that director Joseph A. Kraft Jr. directly holds 20,000 shares of Sony common stock, plus restricted stock units tied to additional shares that may vest in future years, establishing his initial reported ownership stake.
How many Sony (SNEJF) restricted stock units does Joseph A. Kraft Jr. report on Form 3?
Joseph A. Kraft Jr. reports two restricted stock unit awards: one covering 6,382 underlying shares and another covering 4,406 underlying shares. Each RSU represents a contingent right to receive one share of Sony common stock if vesting conditions are met.
When do Joseph A. Kraft Jr.’s Sony (SNEJF) restricted stock units vest?
One RSU grant vests on August 1, 2033, and the other vests on August 1, 2034. Both grants are subject to forfeiture and provisions for accelerated vesting according to their specific terms and conditions.
What is the nature of Joseph A. Kraft Jr.’s ownership of Sony (SNEJF) securities on this Form 3?
All reported holdings are listed as direct ownership. This includes 20,000 shares of Sony common stock and the two restricted stock unit positions, each providing a contingent right to receive Sony common stock upon vesting.
Do Joseph A. Kraft Jr.’s Sony (SNEJF) RSUs have an exercise price or cost?
The RSUs report an exercise or conversion price of 0.0000, reflecting that each unit is simply a right to receive one share of Sony common stock upon vesting, rather than an option requiring payment of a strike price.