Sode Masanori sold PAYP
April 7, 2026 · Form 4 insider transaction
Sode Masanori sold 51 shares of PayPay Corporation at $0.00 per share, a transaction worth N/A. The trade was recorded as option exercise and disclosed on an SEC Form 4, filed 1 day after the transaction.
Footnotes
The exercise price is denominated in Japanese Yen. For purposes of calculating the dollar denominated exercise price per Common Share, the exercise price of JPY 1,300 per Common Share has been converted to U.S. Dollars at the exchange rate of JPY159.6400 = US$1.00, which was the foreign exchange rate on April 3, 2026, as reported by the U.S. Federal Reserve in its weekly release on April 6, 2026. The exercise price is the actual Japanese Yen amount regardless of the exchange rate on the date of exercise.; 25 of these options are fully vested with the remaining 50 options to vest in two equal annual installments beginning on April 1, 2027. The Form 3 filed on March 18, 2026, reflected the vesting terms relating to the number of shares underlying such options, with each option exercisable for 200 Common Shares.; The Common Shares are represented by American Depositary Shares (ADS). The Common Shares received upon exercise of any Stock Options will be converted into ADSs on a one-for-one basis.; Reflects awards of stock options, with each option exercisable for 200 Common Shares.