STOCK TITAN

Toyota (NYSE: TM) director receives 71-share grant held in compensation trust

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

Rhea-AI Filing Summary

Toyota Motor Corporation director receives a small share-based award through a trust. George Cunningham was granted 71 shares of Toyota common stock on April 24, 2026, at a reference value of $19.61 per share. The shares are held in a trust for his benefit under a share-based compensation program.

Following this grant, the trust holds 4,621 Toyota shares for him on an indirect basis. The grant value was originally denominated in Japanese yen and converted to U.S. dollars using the April 24, 2026 exchange rate.

Positive

  • None.

Negative

  • None.
Insider Olcott George Cunningham
Role null
Type Security Shares Price Value
Grant/Award Common Stock 71 $19.61 $1K
Holdings After Transaction: Common Stock — 4,621 shares (Indirect, By Trust)
Footnotes (1)
  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 April 24, 2026 (at Japanese Yen 1.00 = U.S. dollar .00627). These shares are held in trust for the benefit of the Reporting Person under a share-based compensation program.
Shares granted 71 shares Common Stock grant on April 24, 2026
Reference price per share $19.61 per share Value used for 71-share grant
Shares held after transaction 4,621 shares Indirect holdings in trust following grant
FX rate used JPY 1.00 = USD 0.00627 Exchange rate as of April 24, 2026
share-based compensation program financial
"These shares are held in trust for the benefit of the Reporting Person under a share-based compensation program."
indirect financial
"total_shares_following_transaction ... ownership_type: "indirect""
By Trust financial
"nature_of_ownership: "By Trust""
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
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*
Olcott George Cunningham

(Last)(First)(Middle)
1 TOYOTA-CHO
TOYOTA CITY

(Street)
AICHI PREFECTURE471-8571

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
[7,203]
3. Date of Earliest Transaction (Month/Day/Year)
04/24/2026
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
Common Stock04/24/2026A71A$19.61(1)4,621IBy 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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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 April 24, 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 George Cunningham Olcott04/27/2026
** 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

What did Toyota (TM) director George Cunningham report in this Form 4?

George Cunningham reported receiving 71 shares of Toyota common stock as a share-based award. The shares are held in a trust for his benefit, reflecting routine equity compensation rather than an open-market purchase or sale of Toyota stock.

Was the Toyota (TM) Form 4 transaction a buy or a grant?

The transaction was a grant, not an open-market buy. Cunningham acquired 71 shares through a share-based compensation program, coded as a grant or award, with the shares held indirectly in a trust rather than purchased on the open market.

How many Toyota (TM) shares does the trust hold after this transaction?

After the transaction, the trust holds 4,621 Toyota common shares for Cunningham’s benefit. This total includes the newly granted 71 shares and represents his indirect holdings through the trust under the share-based compensation program.

What price per share was used for the Toyota (TM) share grant?

The filing shows a reference value of $19.61 per share for the 71 Toyota shares granted. This value was derived from a purchase made in Japanese yen and converted to U.S. dollars using the foreign exchange rate on April 24, 2026.

How was the currency conversion handled in this Toyota (TM) Form 4 filing?

The underlying purchase was made in Japanese yen and converted into U.S. dollars. The filing states that the conversion used the April 24, 2026 exchange rate of Japanese yen 1.00 equal to U.S. dollar 0.00627 when calculating the reported per-share value.

Are the Toyota (TM) shares held directly by George Cunningham?

No, the Toyota shares are held indirectly in a trust. The filing notes that the 4,621 shares, including the 71-share grant, are held in trust for Cunningham’s benefit as part of a share-based compensation program, reflecting indirect ownership.