Sony Group (OTC: SNEJF) director reports 4,406 restricted stock units
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Sony Group Corp director Hyodo Masayuki has reported an initial holding of restricted stock units. The Form 3 shows he holds 4,406 restricted stock units, each representing a contingent right to receive one share of Sony common stock. These units vest on August 1, 2034 and are subject to forfeiture and potential accelerated vesting under their terms.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hyodo Masayuki
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Units | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 4,406 shares (Direct)
Footnotes (1)
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FAQ
What does Hyodo Masayuki’s Form 3 for Sony Group Corp (SNEJF) disclose?
The Form 3 discloses that director Hyodo Masayuki holds 4,406 restricted stock units in Sony Group Corp. Each unit represents a contingent right to receive one share of Sony common stock, subject to vesting, forfeiture, and potential accelerated vesting terms.
How many restricted stock units does Hyodo Masayuki hold in Sony Group Corp (SNEJF)?
Hyodo Masayuki holds 4,406 restricted stock units linked to Sony Group Corp common stock. These units provide a contingent right to receive an equal number of shares once vesting conditions are met, reflecting a stock-based component of his director compensation package.
When do Hyodo Masayuki’s Sony (SNEJF) restricted stock units vest?
The restricted stock units reported by Hyodo Masayuki vest on August 1, 2034. Until that vesting date, the units remain subject to forfeiture and follow specific terms that can also allow accelerated vesting under certain conditions outlined in the grant documentation.
What does each restricted stock unit for Sony Group Corp (SNEJF) represent?
Each restricted stock unit represents a contingent right to receive one share of Sony Group Corp common stock. Actual delivery of shares depends on the units vesting as scheduled and not being forfeited, according to the terms governing the restricted stock unit grant.
Are Hyodo Masayuki’s Sony (SNEJF) restricted stock units subject to forfeiture or acceleration?
Yes. The restricted stock units are subject to forfeiture and may vest earlier under accelerated vesting provisions. These outcomes depend on the specific terms of the grant, which govern circumstances such as continued service or other events affecting the award’s status.