OSG Corporation
Notice Regarding Disposal of Treasury Stock as Restricted Stock Compensation
On March 17, 2026, disposed of 26,557 shares of treasury stock for a total of ¥76,072,528. The restriction period is 30 years, targeting 2 directors and 11 executive officers.
Key Figures
- Number of Shares Disposed: 26,557 shares
- Total Disposal Amount: ¥76,072,528
- Restriction Period: 30 years (2026-03-17 to 2056-03-17)
AI要約
Overview of Treasury Stock Disposal
OSG Corporation resolved to dispose of 26,557 shares of treasury stock on March 17, 2026. The disposal price is ¥2,864.5 per share, totaling ¥76,072,528. The recipients are 2 directors (excluding Audit and Supervisory Committee members) who received 13,265 shares and 11 executive officers not concurrently serving as directors who received 13,292 shares. This disposal is based on the restricted stock compensation plan introduced in 2019, aimed at providing incentives and sharing shareholder value with the recipients.
Details and Purpose of the Restricted Stock Allotment Agreement
The transfer restriction period is from March 17, 2026, to March 17, 2056, lasting 30 years, during which transfer and pledging of the shares are restricted. The lifting of transfer restrictions requires continued holding of the office by the recipients; in case of resignation or retirement, restrictions are lifted based on certain calculations. In the event of death, the Board of Directors decides on lifting the restriction. Shares for which restrictions are not lifted will be acquired by the company without compensation. The shares are managed in dedicated accounts with Nomura Securities, and special provisions for corporate reorganizations are established.
