Sony Group (NYSE: SONY) awards new RSUs to Chief Digital Officer
Rhea-AI Filing Summary
Kodera Tsuyoshi reported acquisition or exercise transactions in this Form 4 filing.
Sony Group Corp reports that Chief Digital Officer Tsuyoshi Kodera received two grants of restricted stock units (RSUs) tied to Sony common stock: 61,320 RSUs vesting on August 1, 2029, and 8,760 RSUs that vest on specified dates linked to his future retirement as a senior executive, each subject to forfeiture and possible accelerated vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Kodera Tsuyoshi
Role
Chief Digital Officer (CDO)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F1, F2 | 61,320 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units F1, F3 | 8,760 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 76,030 shares (Direct)
Footnotes (3)
- F1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of SONY common stock.
- F2. The RSUs vest on August 1, 2029. The grant is subject to forfeiture and accelerated vesting in accordance with its terms.
- F3. The RSUs vest on a specified date corresponding to the date upon which the Reporting Person retires from a position as a senior executive of the Issuer: (a) if the retirement occurs between April 1 to July 17, the RSUs will vest on August 1 of the year of retirement; (b) if the retirement occurs between July 18 to November 16, the RSUs will vest on December 1 of the year of retirement; (c) if the retirement occurs between November 17 to March 31, the RSUs will vest on the April 15 following the date of retirement. The grant is subject to forfeiture and accelerated vesting in accordance with its terms.
Key Figures
RSU grant size: 61,320 RSUs
RSU grant size: 8,760 RSUs
Vesting date: August 1, 2029
3 metrics
RSU grant size
61,320 RSUs
Restricted stock units vesting on August 1, 2029 for Tsuyoshi Kodera
RSU grant size
8,760 RSUs
Restricted stock units vesting on retirement-linked dates for Tsuyoshi Kodera
Vesting date
August 1, 2029
Vesting date for the 61,320 restricted stock units award
Key Terms
Restricted Stock Units, vest, forfeiture, accelerated vesting, +1 more
5 terms
Restricted Stock Units financial
"Each restricted stock unit 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.
vest financial
"The RSUs vest on August 1, 2029"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
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"
senior executive financial
"retires from a position as a senior executive of the Issuer"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Sony Group Corp (SONY) report for Tsuyoshi Kodera?
Sony Group reported that Chief Digital Officer Tsuyoshi Kodera received two grants of restricted stock units. These RSUs are derivative equity awards, not open-market share purchases or sales, and each RSU represents a contingent right to receive one share of Sony common stock.
How many RSUs did Tsuyoshi Kodera receive in this SONY Form 4 filing?
Tsuyoshi Kodera received 61,320 RSUs in one grant and 8,760 RSUs in another. Each RSU corresponds to one share of Sony common stock, providing equity-based compensation tied directly to the company’s share value over time.
When do the 61,320 Sony (SONY) RSUs granted to Tsuyoshi Kodera vest?
The 61,320 RSUs granted to Tsuyoshi Kodera vest on August 1, 2029. This grant is subject to potential forfeiture and accelerated vesting under its terms, meaning vesting could change based on specific conditions described in the award agreement.
How do the 8,760 Sony (SONY) RSUs for Tsuyoshi Kodera vest in relation to retirement?
The 8,760 RSUs vest on a date tied to when Kodera retires as a senior executive. Depending on the retirement window, vesting occurs on August 1, December 1 of the retirement year, or April 15 following retirement, subject to forfeiture and possible accelerated vesting.
Does this Sony (SONY) Form 4 show a stock sale or purchase by Tsuyoshi Kodera?
No, the Form 4 shows award grants of restricted stock units to Tsuyoshi Kodera, coded as acquisitions. These are equity compensation grants at a stated price of $0.00 per unit, not open-market purchases or sales of Sony common stock.