SEC Form 4 · accession 0002114231-26-000010
PayPay Corp · PAYP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ichiro Nakayama
Officer — See Remarks · Director
Period of report
Jun 9, 2026
Accepted (ET)
Jun 9, 2026 · 7:08 pm 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 SharesF1,F2 | Jun 9, 2026 | M | 2,600 | $8.11 | A | 57,078 | D |
Table II — derivative securities
| 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 9, 2026 | M | 13 | D | — | Mar 31, 2033 | Common Shares | 2,600 | 190 | D |
Explanation of responses
- 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 perCommon 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 theU.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.
- F3190 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.
- F4Reflects awards of stock options, with each option exercisable for 200 Common Shares.
Remarks
Title: President, Representative Director, CEO and Corporate Officer