Sony Group (NYSE: SONY) executive covers RSU taxes with share sale
Rhea-AI Filing Summary
Sony Group Corp executive Ravi Ahuja, Business CEO in charge of Pictures Business, reported RSU vesting and related share sales. On August 3, 2026, 27,447 restricted stock units converted into the same number of common shares. On August 4, 2026, 15,580 shares were sold at $22.71 per share solely to cover tax withholding obligations, with the sale effected by Sony under its RSU rules and described as non-discretionary for Ahuja. The underlying July 25, 2024 RSU award originally covered 80,000 units, later adjusted to 81,564 after a partial spin-off of Sony Financial Group Inc., and is scheduled to vest in three equal installments in 2025, 2026 and 2027. The report uses a currency conversion rate of USD $0.00636 for each JPY 1.00.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F2, F3 | 15,580 | $22.71 | $354K |
| Exercise | Restricted Stock Units F1, F4 | 27,447 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 27,447 | -- | -- |
Footnotes (4)
- F1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of SONY common stock.
- F2. 15,580 shares of SONY common stock were sold upon the vesting of an RSU award granted to the reporting person in July 2024, solely to satisfy tax withholding obligations incurred upon vesting. The sale was effected by the issuer in accordance with the terms of the issuer's internal rules related to RSUs and non-discretionary on the part of the reporting person.
- F3. For purposes of this Form 4, a conversion rate of USD $0.00636 for each JPY 1.00 was used.
- F4. On July 25, 2024, the reporting person was granted 80,000 RSUs, which have vested or will vest in three equal amounts on each of August 1, 2025, August 3, 2026 and August 2, 2027. The grant is subject to forfeiture and accelerated vesting in accordance with its terms. In connection with the issuer's partial spin-off of Sony Financial Group Inc. on October 1, 2025, the reporting person's outstanding RSU award was adjusted to preserve the pre-spin-off intrinsic value of the award and the number of RSUs subject to the award was increased from 80,000 to 81,564.
Key Figures
Key Terms
Restricted Stock Units financial
tax withholding obligations financial
non-discretionary financial
partial spin-off financial
intrinsic value financial
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