What is the nature of Shigeki Tomoyama’s indirect Toyota (TM) share ownership?

His indirect ownership is through a trust described as “By Trust” in the filing. The footnotes explain that these trust-held shares are for his benefit under a share-based compensation program, indicating they arise from company compensation rather than ordinary market purchases.

Toyota insider awarded 17 shares via trust

Toyota Motor Corp Executive Fellow Shigeki Tomoyama reported an acquisition of common stock through a share-based compensation program.

Filing Impact

(Neutral)

Filing Sentiment

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Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

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Form Type

Rhea-AI Filing Summary

Toyota Motor Corp Executive Fellow Shigeki Tomoyama reported an acquisition of common stock through a share-based compensation program. On May 25, 2026, a trust for his benefit received 17 shares of Toyota common stock at a reference price of $19.22 per share, converted from Japanese yen at a rate of JPY 1.00 = USD 0.00629. These shares are held indirectly in trust under a share-based compensation program, while he also holds 80,500 shares directly and 3,208 shares indirectly after the reported transactions.

Insider Trade Summary

Grant/Award: 17 shares

Grant/Award 2 txns

Insider Tomoyama Shigeki

Role Executive Fellow

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	17	$19.22	$326.74
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 3,208 shares (Indirect, By Trust); Common Stock — 80,500 shares (Direct)

Footnotes (2)

F1. 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 May 25, 2026 (at Japanese Yen 1.00 = U.S. dollar .00629).
F2. These shares are held in trust for the benefit of the Reporting Person under a share-based compensation program.

Key Figures

Awarded shares: 17 shares Reference share price: $19.22 per share Direct holdings after transaction: 80,500 shares +2 more

5 metrics

Awarded shares 17 shares Grant/award acquisition on May 25, 2026

Reference share price $19.22 per share Converted from Japanese yen as of May 25, 2026

Direct holdings after transaction 80,500 shares Common stock held directly following reported transactions

Indirect holdings after transaction 3,208 shares Common stock held by trust for reporting person’s benefit

FX rate used JPY 1.00 = USD 0.00629 Foreign exchange rate as of May 25, 2026

Key Terms

share-based compensation program, Indirect ownership, grant/award acquisition, Common Stock, +1 more

5 terms

Indirect ownership financial

"total_shares_following_transaction: 3208.0000, direct_or_indirect: I, nature_of_ownership: By Trust"

grant/award acquisition financial

"transaction_action: grant/award acquisition, transaction_code_description: Grant, award, or other acquisition"

Common Stock financial

"security_title: Common Stock, transaction_type: non-derivative"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

Executive Fellow financial

"officer_title: Executive Fellow"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Toyota (TM) report for Shigeki Tomoyama?

Toyota reported that Executive Fellow Shigeki Tomoyama acquired 17 shares of common stock on May 25, 2026. The acquisition occurred through a trust under a share-based compensation program, rather than an open-market purchase, and is classified as a grant or award transaction.

At what price were the 17 Toyota (TM) shares valued in the Form 4 filing?

The 17 shares were valued at $19.22 per share, based on converting the Japanese yen purchase price into U.S. dollars. The conversion used an exchange rate of Japanese Yen 1.00 equals U.S. dollar 0.00629 as of May 25, 2026.

How many Toyota (TM) shares does Shigeki Tomoyama hold after this transaction?

After the reported transactions, Shigeki Tomoyama holds 80,500 Toyota common shares directly. He also has 3,208 shares held indirectly in a trust established for his benefit under a share-based compensation program, according to the Form 4 disclosure.

Was the Toyota (TM) insider transaction a grant or an open-market trade?

The transaction is coded “A” and described as a grant, award, or other acquisition of common stock. It is tied to a share-based compensation program, meaning it reflects compensation-related share awards instead of discretionary buying or selling in the open market.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 05/27/2026 - 11:11 AM EDT

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

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^*

Tomoyama Shigeki

(Last)

(First)

(Middle)

1 TOYOTA CHO

(Street)

TOYOTA CITY

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)

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

2a. Foreign Trading Symbol
[7203]

3. Date of Earliest Transaction (Month/Day/Year)
05/25/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/25/2026		A		17	A	$19.22⁽¹⁾	3,208	I	By Trust⁽²⁾
Common Stock								80,500	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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 May 25, 2026 (at Japanese Yen 1.00 = U.S. dollar .00629).

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 Shigeki Tomoyama	05/27/2026
	** 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)

Source: View Original Filing on SEC EDGAR