SMFG Executive Fumihiko Ito Receives Stock Awards and Disposes of Shares
Sumitomo Mitsui Financial Group, Inc.'s (NYSE: SMFG) executive Fumihiko Ito has received stock awards under its compensation plans. On July 24, 2026, he acquired 1,339 shares without any out-of-pocket cash payment. Two days later, on July 27, 2026, he received an additional 19,296 shares when performance conditions were certified.
However, Ito disposed of 3,300 shares to the issuer on the same day under a pre-arranged trading plan at $43.99 per share. The purchase was made in Japanese yen and converted to U.S. dollars using an exchange rate of JPY 1.00 = USD 0.0061091.