Rakuten Group, Inc.
Grant of Stock Options to Directors and Subsidiary Employees
Rakuten Group plans to grant 498 stock acquisition rights to 5 directors and 151,000 rights to 6,168 subsidiary employees on May 1, 2026.
Key Figures
- Total Number of Stock Acquisition Rights: 151,498 units
- Number of Recipients: 5 Directors, 6,168 Subsidiary Employees
- Number of Underlying Shares: 15,149,800 shares (100 shares per unit)
AI要約
Purpose and Overview of Stock Option Grant
Rakuten Group, Inc. has resolved to grant stock acquisition rights to the company's directors and subsidiary employees as part of performance-linked compensation. The grant aims to share the benefits of stock price appreciation and the risks of price decline with shareholders, thereby enhancing motivation to improve business performance and contribute to stock price growth. The stock acquisition rights can be exercised gradually starting one year after issuance, with all rights becoming fully exercisable after four years. This structure aims to attract and retain talented personnel and enhance long-term corporate value.
Issuance Conditions and Exercise Restrictions of Stock Acquisition Rights
The stock acquisition rights are scheduled to be allocated on May 1, 2026, with 498 units granted to 5 directors and 151,000 units to 6,168 subsidiary employees. Each unit represents 100 common shares, and no cash payment is required. The exercise period runs from one year after issuance to ten years thereafter, and exercisability requires that the holder be an officer or employee of the company or its subsidiaries. Transfer requires board approval, and provisions apply for organizational restructuring. Taxes and other liabilities shall be borne by the holders of the stock acquisition rights.