Toyota (NYSE: TM) director granted 84-share compensation award held in trust

Rhea-AI Filing Summary

TOYOTA MOTOR CORP director Masahiko Oshima reported receiving 84 shares of common stock as a share-based compensation award held in a trust. The grant was priced at $21.28 per share, converted from Japanese yen as of March 25, 2026. Following this grant, the trust holds 2,912 shares of Toyota common stock for his benefit as an indirect ownership position.

SEC Form 4

FORM 4

UNITED 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

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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^*

Oshima Masahiko

(Last) (First) (Middle)

1 TOYOTA-CHO

TOYOTA CITY

(Street)

AICHI PREFECTURE 471-8571

(City) (State) (Zip)

JAPAN

(Country)

2. Issuer Name and Ticker or Trading Symbol
TOYOTA MOTOR CORP/ [ TM ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol
[7,203]

3. Date of Earliest Transaction (Month/Day/Year)
03/25/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/25/2026		A		84	A	$21.28(1)	2,912	I	By Trust(2)

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The purchase was made in Japanese Yen and the price was converted into U.S. dollars based on the foreign currency exchange rate as of March 25, 2026 (at Japanese Yen 1.00 = U.S. dollar .00627).

2. These shares are held in trust for the benefit of the Reporting Person under a share-based compensation program.

	/s/ Yoshihide Moriyama, by PoA from Masahiko Oshima	03/27/2026
	** Signature of Reporting Person	Date
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

What insider transaction did TOYOTA MOTOR CORP (TM) director Masahiko Oshima report?

Masahiko Oshima reported receiving 84 shares of Toyota common stock as a share-based compensation award. The shares are held in a trust for his benefit, reflecting an indirect, compensation-related increase rather than an open-market stock purchase or sale.

Was Masahiko Oshima’s Form 4 transaction in TOYOTA MOTOR CORP (TM) an open-market trade?

No. The Form 4 shows a grant-type acquisition of 84 Toyota common shares under a share-based compensation program. The shares are held in trust, so this is not an open-market buy or sell but a routine compensation award increasing his indirect holdings.

How many TOYOTA MOTOR CORP (TM) shares does the trust hold for Masahiko Oshima after this transaction?

After the reported grant, the trust holds 2,912 Toyota common shares for Masahiko Oshima’s benefit. This total reflects his indirect ownership position through the share-based compensation trust, as disclosed in the Form 4 filing’s post-transaction share balance.

At what price was Masahiko Oshima’s Toyota (TM) share grant valued on the Form 4?

The 84-share award was valued at $21.28 per Toyota common share. This U.S. dollar price was calculated by converting the original Japanese yen transaction amount using the foreign exchange rate in effect on March 25, 2026, as disclosed in the footnotes.

How were currency and exchange rates handled in Masahiko Oshima’s TOYOTA MOTOR CORP (TM) Form 4?

The purchase was executed in Japanese yen and then converted to U.S. dollars. The Form 4 states the conversion used the foreign currency exchange rate on March 25, 2026, to derive the disclosed per-share price of $21.28.