Toyota (NYSE: TM) director gets 83-share stock award via trust

Rhea-AI Filing Summary

Toyota Motor Corp director George Cunningham reported an indirect acquisition of 83 shares of common stock at $21.28 per share. The shares are held in a trust for his benefit under a share-based compensation program, bringing his indirect holdings in this trust to 4,550 shares.

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^*

Olcott George Cunningham

(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		83	A	$21.28(1)	4,550	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 George Cunningham Olcott	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 (TM) director George Cunningham report?

Director George Cunningham reported an indirect acquisition of 83 Toyota common shares. The award was recorded at $21.28 per share and was received as part of a share-based compensation program, rather than through an open-market stock purchase.

How were the new Toyota (TM) shares held for George Cunningham?

The 83 Toyota shares are held in a trust for George Cunningham’s benefit. The trust structure reflects a share-based compensation program, meaning the shares are indirectly owned rather than held directly in his personal brokerage account.

What is George Cunningham’s total indirect Toyota (TM) share position after this Form 4?

After the reported grant, George Cunningham indirectly holds 4,550 Toyota common shares through the trust. This figure reflects the updated position following the 83-share compensation award disclosed in the Form 4 insider transaction report.

Was George Cunningham’s Toyota (TM) transaction an open-market buy or a compensation grant?

The transaction was a compensation-related grant, not an open-market stock purchase. The Form 4 labels it as a grant or award acquisition, with shares provided under a share-based compensation program and held in a trust for his benefit.

At what price per share was George Cunningham’s Toyota (TM) stock award recorded?

The 83-share award was recorded at $21.28 per Toyota common share. This U.S. dollar value was derived from a purchase made in Japanese yen using a foreign currency exchange rate as of March 25, 2026.