SEC Form 4 · accession 0002114216-26-000002

PayPay Corp · PAYP

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — See Remarks

Period of report

Jun 10, 2026

Accepted (ET)

Jun 12, 2026 · 7:29 am EDT

Rule 10b5-1 plan

box not checked

Issuer CIK

0002080845

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Shares^F1,F2	Jun 10, 2026	M	3,400	$8.11	A	10,278	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Stock Options (Right to Buy)^F3,F2,F1,F4	$8.11	Jun 10, 2026	M	17	D	—	Mar 31, 2033	Common Shares	3,400	32	D

F1The 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.
F2The 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 160.2600 = US$1.00, which was the foreign exchange rate on June 5, 2026, as reported by the U.S. Federal Reserve in its weekly release on June 8, 2026. The exercise price is the actual Japanese Yen amount regardless of the exchange rate on the date of exercise.
F332 options were 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. On June 11, 2026, the 32 stock options indicated above were forfeited for no value pursuant to the terms of the applicable award agreements.
F4Reflects awards of stock options, with each option exercisable for 200 Common Shares.

Managing Corporate Officer and CFO