STOCK TITAN

Tokyo Lifestyle (TKLF) executive buys 24,760 ADS in open market

Filing Impact
(Neutral)
Filing Sentiment
(Positive)
Form Type
4

Rhea-AI Filing Summary

Tokyo Lifestyle Co., Ltd. director and principal executive officer Kanayama Mei made a series of open-market purchases of American depositary shares. On May 11, Kanayama bought 20,010 ADS at a weighted average price of $2.25, bringing direct ADS holdings to 162,216.

These trades followed earlier buys of 1,300 ADS at $2.20, 1,500 ADS at $2.18, and 1,950 ADS at $2.20, totaling 24,760 ADS acquired in the open market. Each ADS represents ten ordinary shares. As of March 25, Kanayama also held 7,216,436 ordinary shares directly and 13,575,104 ordinary shares indirectly through Tokushin G. K., over which he has voting and dispositive control.

Positive

  • None.

Negative

  • None.

Insights

Tokyo Lifestyle’s PEO increased his direct and indirect equity stake through open-market ADS purchases.

Kanayama Mei executed several open-market purchases totaling 24,760 American depositary shares at weighted average prices around $2.20–$2.25. Open-market buys by a principal executive officer and 10% owner typically reflect a deliberate decision to add exposure at prevailing prices.

After the latest trade, Kanayama holds 162,216 ADS directly and substantial ordinary share positions: 7,216,436 ordinary shares directly and 13,575,104 ordinary shares indirectly via Tokushin G. K., where he has voting and dispositive control. No derivative positions are listed, so the activity shown is purely in the underlying equity.

Insider Kanayama Mei
Role Representative Director (PEO)
Bought 24,760 shs ($55K)
Type Security Shares Price Value
Purchase American depositary shares 20,010 $2.25 $45K
Purchase American depositary shares 1,300 $2.20 $3K
Purchase American depositary shares 1,500 $2.18 $3K
Purchase American depositary shares 1,950 $2.20 $4K
holding Ordinary shares -- -- --
holding Ordinary shares -- -- --
Holdings After Transaction: American depositary shares — 162,216 shares (Direct, null); Ordinary shares — 7,216,436 shares (Direct, null); Ordinary shares — 13,575,104 shares (Indirect, By Tokushin G. K.)
Footnotes (1)
  1. Each American depositary share ("ADS") represents ten ordinary shares of Tokyo Lifestyle Co., Ltd. (the "Company"). The reported price of $2.20 in Column 4 is the weighted average price of all shares purchased on the reported date in multiple transactions at prices ranging from $2.198571 to $2.20. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range. The reported price of $2.25 in Column 4 is the weighted average price of all shares purchased on the reported date in multiple transactions at prices ranging from $2.192812 to $2.29362. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range. Tokushin G. K. ("Tokushin") is a limited liability company formed under the laws of Japan owned by Mr. Kanayama and his family, for which Mr. Kanayama is the managing member, and accordingly, Mr. Kanayama has the voting and dispositive control of the ordinary shares Tokushin holds in the Company.
ADS purchased May 11 20,010 ADS at $2.25 Open-market purchase on May 11, 2026
ADS purchased Mar 27 1,300 ADS at $2.20 Open-market purchase on March 27, 2026
ADS purchased Mar 26 1,500 ADS at $2.18 Open-market purchase on March 26, 2026
ADS purchased Mar 25 1,950 ADS at $2.20 Open-market purchase on March 25, 2026
Total ADS bought 24,760 ADS Net open-market purchases in this Form 4
ADS held after trades 162,216 ADS Direct ADS ownership following May 11, 2026 purchase
Direct ordinary shares 7,216,436 shares Ordinary shares held directly as of March 25, 2026
Indirect ordinary shares via Tokushin 13,575,104 shares Ordinary shares held indirectly through Tokushin G. K. as of March 25, 2026
ADS to ordinary ratio 1 ADS = 10 ordinary shares ADS structure for Tokyo Lifestyle Co., Ltd.
American depositary shares financial
"Each American depositary share ("ADS") represents ten ordinary shares of Tokyo Lifestyle Co., Ltd."
American depositary shares (ADSs) are a way for investors in the United States to buy shares of foreign companies without dealing with international markets directly. They represent ownership in a foreign company's stock and are traded on U.S. stock exchanges, making it easier for American investors to buy, sell, and own parts of companies from around the world.
weighted average price financial
"The reported price of $2.20 in Column 4 is the weighted average price of all shares purchased on the reported date"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Tokushin G. K. financial
"Tokushin G. K. ("Tokushin") is a limited liability company formed under the laws of Japan"
voting and dispositive control financial
"Mr. Kanayama has the voting and dispositive control of the ordinary shares Tokushin holds in the Company"
indirect ownership financial
"Ordinary shares listed as indirectly owned are held By Tokushin G. K."
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Kanayama Mei

(Last)(First)(Middle)
HARUMI BUILDING,
2-5-9 KOTOBASHI

(Street)
TOKYOJAPAN130-0022

(City)(State)(Zip)

JAPAN

(Country)
2. Issuer Name and Ticker or Trading Symbol
Tokyo Lifestyle Co., Ltd. [ TKLF ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirectorX10% Owner
XOfficer (give title below)Other (specify below)
Representative Director (PEO)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/25/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
American depositary shares(1)03/25/2026P1,950A$2.2(2)139,406D
American depositary shares(1)03/26/2026P1,500A$2.18140,906D
American depositary shares(1)03/27/2026P1,300A$2.2142,206D
American depositary shares(1)05/11/2026P20,010A$2.25(3)162,216D
Ordinary shares7,216,436D
Ordinary shares13,575,104IBy Tokushin G. K.(4)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Each American depositary share ("ADS") represents ten ordinary shares of Tokyo Lifestyle Co., Ltd. (the "Company").
2. The reported price of $2.20 in Column 4 is the weighted average price of all shares purchased on the reported date in multiple transactions at prices ranging from $2.198571 to $2.20. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range.
3. The reported price of $2.25 in Column 4 is the weighted average price of all shares purchased on the reported date in multiple transactions at prices ranging from $2.192812 to $2.29362. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range.
4. Tokushin G. K. ("Tokushin") is a limited liability company formed under the laws of Japan owned by Mr. Kanayama and his family, for which Mr. Kanayama is the managing member, and accordingly, Mr. Kanayama has the voting and dispositive control of the ordinary shares Tokushin holds in the Company.
/s/ Mei Kanayama05/22/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

How many Tokyo Lifestyle (TKLF) ADS did Kanayama Mei buy in this Form 4?

Kanayama Mei bought a total of 24,760 American depositary shares (ADS) of Tokyo Lifestyle. These open-market purchases occurred across several days in March and May, with individual trades ranging from 1,300 to 20,010 ADS per transaction.

What prices did Kanayama Mei pay for Tokyo Lifestyle (TKLF) ADS?

He purchased ADS at weighted average prices around $2.18–$2.25. Specific reported prices include $2.18, $2.20, and $2.25 per ADS, reflecting multiple trades within narrow intraday ranges on the respective transaction dates.

What are Kanayama Mei’s Tokyo Lifestyle (TKLF) ADS holdings after these trades?

Following the May 11 transaction, Kanayama Mei directly holds 162,216 American depositary shares. This figure reflects his position after buying 20,010 ADS on May 11 and earlier March purchases, as reported in the Form 4’s post-transaction ownership columns.

How many Tokyo Lifestyle (TKLF) ordinary shares does Kanayama Mei hold directly and indirectly?

As of March 25, he directly held 7,216,436 ordinary shares and indirectly held 13,575,104 ordinary shares through Tokushin G. K. These positions are shown as separate direct and indirect holdings in the ownership table.

What is the relationship between Tokyo Lifestyle (TKLF) ADS and ordinary shares?

Each American depositary share (ADS) represents ten ordinary shares of Tokyo Lifestyle Co., Ltd. This ratio means ADS holdings correspond to a larger number of underlying ordinary shares in the company’s home-market equity.

Who is Tokushin G. K. in relation to Tokyo Lifestyle (TKLF) insider holdings?

Tokushin G. K. is a Japanese limited liability company owned by Mr. Kanayama and his family. He serves as managing member and has voting and dispositive control over the Tokyo Lifestyle ordinary shares that Tokushin holds.