Masanori Sode - 12 May 2026 Form 4 Insider Report for PayPay Corp (PAYP)

Reporting relationship: Officer
Issuer ticker: PAYP
Reported as of: 12 May 2026
Net transaction value: $0
SEC form: 4
Accepted by SEC: 13 May 2026, 06:17:47 UTC
Prior SEC filing: 08 Apr 2026
Source filing: View source filing
Reporting owner signature: /s/Yuh Sarah Steele, as Attorney-in -Fact

Key filing fact

Masanori Sode filed Form 4 for PayPay Corp (PAYP) on 13 May 2026.

Key facts

This page summarizes Masanori Sode's Form 4 filing for PayPay Corp (PAYP).
2 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 13 May 2026, 06:17.

Change

Previous filing in this sequence was filed on 08 Apr 2026.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0002114249 Primary reporting owner

Sode Masanori

Relationship: Officer
Address: YOTSUYA TOWER 1-6-1 YOTSUYA, SHINJUKU-KU, TOKYO, JAPAN
Signature: /s/Yuh Sarah Steele, as Attorney-in -Fact
Signature date: 13 May 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

PAYP transaction

Common Shares

Options Exercise

Transaction value
Shares: +5,000
Change %: +49%
Price: $8.30^*
Shares after: 15,278
Date: 12 May 2026
Ownership: Direct
Footnotes: F1, F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

PAYP transaction Derivative

Stock Options (Right to Buy)

Options Exercise

Transaction value
Shares: -25
Change %: -33%
Price: $0.000000^*
Shares after: 50
Date: 12 May 2026
Ownership: Direct
Underlying class: Common Shares
Underlying amount: 5,000
Exercise price: $8.30
Footnotes: F1, F2, F3, F4

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

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.

Footnote F2

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.

Footnote F3

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.

Footnote F4

Reflects awards of stock options, with each option exercisable for 200 Common Shares.

SEC remarks

Title: Managing Corporate Officer, CAO and CHRO. Due to the Issuer's status as a foreign private issuer pursuant to Rule 3a12-3(b) under the Securities Exchange Act of 1934 (the "Act"), the reporting person's transactions in the Issuer's equity securities are exempt from Sections 16(b) and 16(c) of the Act.