STOCK TITAN

Toyota Motor (NYSE: TM) vice chair acquires 1 trust share by reinvestment

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Koji Sato, vice chairman of Toyota Motor, reported an acquisition of 1 share of common stock on July 24, 2026 at $17.84 per share. The share was bought in Japanese yen, with the price converted at Japanese Yen 1.00 = U.S. dollar .00610, using excess dividend residuals from a semi-annual automatic dividend reinvestment. The position is held indirectly in a trust for his benefit under a share-based compensation program, resulting in 11,211 shares held in the trust, while a separate entry lists 567,600 shares held directly.

Positive

  • None.

Negative

  • None.
Insider Sato Koji
Role Vice Chairman
Type Security Shares Price Value
Other Common Stock F1, F2, F3 1 $17.84 $17.84
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 11,211 shares (Indirect, By Trust); Common Stock — 567,600 shares (Direct)
Footnotes (3)
  1. F1. The purchase price was sourced from excess dividend residuals from a prior semi-annual automatic dividend reinvestment date, which residuals are automatically carried forward.
  2. F2. 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 July 24, 2026 (at Japanese Yen 1.00 = U.S. dollar .00610).
  3. F3. These shares are held in trust for the benefit of the Reporting Person under a share-based compensation program.
Shares acquired 1 share Common stock acquired on July 24, 2026 via automatic dividend reinvestment
Purchase price $17.84 per share Price in U.S. dollars after conversion from Japanese Yen
FX rate Japanese Yen 1.00 = U.S. dollar .00610 Exchange rate used to convert the purchase price into U.S. dollars
Indirect holdings after transaction 11,211 shares Common stock held in trust under a share-based compensation program
Direct holdings 567,600 shares Common stock held directly as of July 24, 2026
excess dividend residuals financial
"The purchase price was sourced from excess dividend residuals from a prior..."
semi-annual automatic dividend reinvestment financial
"from a prior semi-annual automatic dividend reinvestment date, which residuals..."
foreign currency exchange rate financial
"converted into U.S. dollars based on the foreign currency exchange rate as of July 24, 2026..."
The foreign currency exchange rate is the price of one country’s money expressed in another country’s money — like a price tag that tells you how many units of one currency you get for one unit of another. Investors care because this rate changes the value of overseas sales, costs, assets and debts when converted back into their home currency, affecting profits, valuations and the return on international investments.
share-based compensation program financial
"These shares are held in trust for the benefit of the Reporting Person under a share-based compensation program."

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FAQ

What insider transaction did Koji Sato report for Toyota Motor (TM) on July 24, 2026?

Koji Sato reported indirectly acquiring 1 share of Toyota Motor common stock on July 24, 2026. The purchase occurred in a trust under a share-based compensation program, funded by excess dividend residuals from a semi-annual automatic dividend reinvestment and converted from Japanese yen into U.S. dollars.

How many Toyota Motor (TM) shares does Koji Sato hold after this report?

After the reported transaction, a trust for Koji Sato’s benefit holds 11,211 shares of Toyota Motor common stock. A separate holding entry lists an additional 567,600 shares held directly, providing a view of both his indirect trust position and direct ownership stake.

At what price was the new Toyota Motor (TM) share acquired in Koji Sato’s filing?

The newly acquired share is reported at $17.84 per share in U.S. dollars. The purchase was made in Japanese yen, with the price converted using a foreign currency exchange rate of Japanese Yen 1.00 = U.S. dollar .00610 as of July 24, 2026.

How are Koji Sato’s indirect Toyota Motor (TM) holdings structured?

Koji Sato’s indirect holdings of 11,211 shares are held in a trust for his benefit. This trust is part of a share-based compensation program, and the latest 1-share acquisition arose from excess dividend residuals via a semi-annual automatic dividend reinvestment arrangement.

Was Koji Sato’s Toyota Motor (TM) share acquisition tied to a dividend reinvestment?

Yes. Footnotes state the purchase price came from excess dividend residuals from a prior semi-annual automatic dividend reinvestment date. Those residual amounts were automatically carried forward and used to buy 1 additional share of Toyota Motor common stock in the trust.
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*
Sato Koji

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Vice Chairman
2a. Foreign Trading Symbol
[7203]
3. Date of Earliest Transaction (Month/Day/Year)
07/24/2026
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 Stock07/24/2026J(1)1A$17.84(2)11,211IBy Trust(3)
Common Stock567,600D
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 price was sourced from excess dividend residuals from a prior semi-annual automatic dividend reinvestment date, which residuals are automatically carried forward.
2. 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 July 24, 2026 (at Japanese Yen 1.00 = U.S. dollar .00610).
3. 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 Koji Sato07/28/2026
** 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)