Sode Masanori sold PAYP
May 12, 2026 · Form 4 insider transaction
Sode Masanori sold 25 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 JPY 156.6400= US$1.00, which was the foreign exchange rate on May 8, 2026, as reported by the U.S. Federal Reserve in its weekly release on May 11, 2026. The exercise price is the actual Japanese Yen amount regardless of the exchange rate on the date of exercise.; 50 options to vest in two equal annual installments on April 1, 2027, and April 1, 2028. 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.