Sony Group (NYSE: SONY) officer reports RSUs, options and 13,315 shares
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Sony Group Corp officer Iwakami Atsuhiro filed an initial ownership report showing a mix of common stock, restricted stock units (RSUs), and stock options tied to Sony common shares. The filing lists 13,315 shares of common stock held directly, plus several RSU awards and one option grant.
The RSU grants cover 4,293, 7,550, 12,500, and 457 underlying shares of common stock, each representing a contingent right to receive one share and subject to vesting, forfeiture, and possible accelerated vesting under their terms. Vesting dates fall on various December 1 or December 2 schedules from 2024 through 2028.
The derivative holdings also include an employee stock option over 12,000 underlying shares of common stock at an exercise price of $18.39 per share, expiring on October 28, 2031. A conversion rate of $0.006408 for each JPY 1.00 was used for this filing. No buy or sell transactions are reported; the Form 3 simply records existing positions.
Positive
- None.
Negative
- None.
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
Iwakami Atsuhiro
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Employee Stock Option (right to buy) | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 4,293 shares (Direct);
Employee Stock Option (right to buy) — 12,000 shares (Direct);
Common Stock — 13,315 shares (Direct)
Footnotes (1)
- Each restricted stock unit ("RSU") represents a contingent right to receive one share of SONY common stock. The RSUs have vested or will vest in three equal amounts on each of December 2, 2024, December 1, 2025, and December 1, 2026. 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 have vested or will vest in three equal amounts on each of December 1, 2025, December 1, 2026, and December 1, 2027. 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 have vested or will vest in three equal amounts on each of December 1, 2026, December 1, 2027, and December 1, 2028. 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 December 1, 2026. The grant is subject to forfeiture and accelerated vesting in accordance with its terms. The allocation agreement provides that the option to acquire common stock became exercisable in three equal installments on each of October 29, 2023, November 18, 2023, and November 18, 2024. The option was granted on November 18, 2021. For purposes of this Form 3, a conversion rate of USD $0.006408 for each JPY 1.00 was used.
Key Figures
Common shares held: 13,315 shares
RSU grant 1 underlying shares: 4,293 shares
RSU grant 2 underlying shares: 7,550 shares
+5 more
8 metrics
Common shares held
13,315 shares
Directly held Sony common stock reported on Form 3
RSU grant 1 underlying shares
4,293 shares
RSUs vesting in three equal amounts on Dec 2, 2024, Dec 1, 2025, Dec 1, 2026
RSU grant 2 underlying shares
7,550 shares
RSUs vesting in three equal amounts on Dec 1, 2025, 2026, 2027
RSU grant 3 underlying shares
12,500 shares
RSUs vesting in three equal amounts on Dec 1, 2026, 2027, 2028
Single-date RSU grant
457 shares
RSUs vesting on Dec 1, 2026, subject to forfeiture and acceleration
Employee stock option underlying shares
12,000 shares
Option to buy Sony common stock reported as held
Employee stock option exercise price
$18.39 per share
Exercise price for 12,000-share option expiring Oct 28, 2031
FX conversion rate used
$0.006408 per JPY 1.00
Conversion rate applied for this Form 3
Key Terms
Restricted Stock Units, Employee Stock Option (right to buy), contingent right, forfeiture, +2 more
6 terms
Restricted Stock Units financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share of SONY common stock."
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.
Employee Stock Option (right to buy) financial
"The allocation agreement provides that the option to acquire common stock became exercisable in three equal installments..."
contingent right financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share of SONY common stock."
forfeiture financial
"The grant is subject to forfeiture and accelerated vesting in accordance with its terms."
accelerated vesting financial
"The grant is subject to forfeiture and accelerated vesting in accordance with its terms."
conversion rate financial
"For purposes of this Form 3, a conversion rate of USD $0.006408 for each JPY 1.00 was used."
Conversion rate is the proportion of items, people or contracts that take a desired action out of the total possible — for example the share of website visitors who make a purchase, or the number of convertible bonds that are exchanged for shares. Investors care because it measures how effectively a business or financial instrument turns opportunity into real outcomes, like sales or share issuance, which directly affects revenue, cash flow and ownership dilution.
FAQ
What insider holdings does SONY officer Iwakami Atsuhiro report on Form 3?
The Form 3 shows direct ownership of 13,315 Sony common shares plus multiple RSU grants and an employee stock option over 12,000 underlying shares. These positions together describe his initial reported equity exposure to Sony Group Corp.
What restricted stock units does SONY insider Iwakami Atsuhiro hold?
He holds several RSU awards representing 4,293, 7,550, 12,500, and 457 underlying Sony common shares. Each RSU equals a contingent right to receive one share, subject to vesting schedules, possible forfeiture, and potential accelerated vesting under the grant terms.
How do the RSUs for SONY’s Iwakami Atsuhiro vest over time?
The RSUs vest in three equal installments on specific dates: some on December 2, 2024, and December 1 in 2025 and 2026, and others on December 1 in 2025, 2026, 2027, and 2028. One RSU grant vests fully on December 1, 2026, subject to forfeiture and acceleration terms.
What stock options does SONY officer Iwakami Atsuhiro report holding?
He reports an employee stock option over 12,000 underlying Sony common shares with an exercise price of $18.39 per share. The option became exercisable in three equal installments and carries an expiration date of October 28, 2031, according to the allocation agreement footnote.
When did SONY grant the employee stock option reported by Iwakami Atsuhiro?
The employee stock option was granted on November 18, 2021. It became exercisable in three equal installments on October 29, 2023, November 18, 2023, and November 18, 2024, as described in the allocation agreement footnote included with the ownership disclosure.
Does SONY’s Form 3 for Iwakami Atsuhiro show any stock purchases or sales?
No, the Form 3 does not show stock purchases or sales. It lists existing holdings of Sony common stock, restricted stock units, and an employee stock option. All transactions are coded as holdings, reflecting current positions rather than new market trades or disposals.