Yotai Refractories Co., Ltd.
Notice Regarding the Disposition of Treasury Stock as Restricted Stock
Cash receivables contributed as property for in-kind issued restricted stock, allocating 12,258 ordinary shares to 11 individuals (4 directors and 7 executive officers). Payment due date: August 7, 2026. Issue price per share: 1,745 yen. Transfer-restriction period remains while conditions of employment are satisfied.
Key Figures
- Disposed shares: 12,258 shares
- Total disposition amount: ¥21,390,210
- Disposal price per share: ¥1,745
AI要約
Overview
This notice informs that, as part of the restricted stock compensation plan, cash receivables will be contributed as property and the relevant shares will be disposed to the target directors and executives. Disposed shares: 12,258; total amount: ¥21,390,210; issue price per share: ¥1,745. Payment due date: August 7, 2026. Allotment recipients: 11 individuals (4 directors and 7 executive officers).
Key points going forward
The transfer-restriction period for the allotted shares starts on August 7, 2026, and lasts for a period determined by the positions of the officers. Restriction release conditions require meeting certain criteria during the service period. Explanations include special measures in case of organizational restructuring and mechanisms for free acquisition and account management.
Yo-tai Co., Ltd.
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