Rheon Automatic Machinery Co., Ltd.
Notice on the Disposition of Treasury Stock as Restricted Stock Unit
Resolved to dispose treasury stock as restricted stock units. 12,173 shares to be contributed in kind from cash compensation claims totaling 18,381,230 yen, with payment due on 2026-08-06, and share price 1,510 yen. The allocation agreement sets transfer restrictions and解除 conditions, and provisions for handling during organizational restructuring.
Key Figures
- Disposed shares: 12,173 shares
- Total disposed amount: 18,381,230 yen
- Payment due date: 2026-08-06
AI要約
Overview of the system and disposition
As part of the restricted stock units system, the Company resolved to dispose treasury stock for 4 directors and 8 executive officers, totaling 12 individuals. 18,381,230 yen in cash compensation claims will be contributed in kind, and 12,173 ordinary shares will be disposed. Payment is due on 2026-08-06. The total disposed shares represent 0.05% of the total issued and outstanding shares, reflecting the aim of shared shareholder value.
Transfer restrictions and contract details
The allocation agreement sets a transfer restriction period prohibiting transfer and collateral arrangements until the retirement date of the directors and executive officers.解除 conditions include解除 of transfer restrictions at the end of service period, pro rata解除 upon death or other specified events, and special解除 during organizational restructuring. The rule for free acquisition and methods of share custody are also specified.
Leoni Automobiles Corporation
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