MK Seiko Co., Ltd.

5906.T
Consumer Electronics
2026/08/21 Updated
Market Cap: $65.9M (¥10.5B)
Stock Price: $4.73 (¥752)
Exchange Rate: 1 USD = ¥158.98

Notice Regarding the Disposal of Treasury Shares as Restricted Stock Compensation

Announcement of disposal of treasury shares under the restricted stock compensation plan. Shares allocated to targeted executives: 21,171 shares, total amount: JPY 16,005,276, date: July 15, 2026, vesting period of 50 years, details of the allocation agreement and conditions for free acquisition described in detail.

Importance:
Page Updated: July 12, 2026
IR Disclosure Date: June 16, 2026
Treasury shares

Key Figures

  • Disposal shares: 21,171 shares
  • Disposal value: JPY 16,005,276
  • Paid-in amount per share: JPY 756

AI要約

System design and disposal overview

This notice announces the disposition of treasury shares conducted under the restricted stock compensation plan, pursuant to a board resolution date. It specifies the disposal date, number of shares disposed, total amount, and composition of recipients (5 directors, 8 executives). It will involve payment in the form of in-kind consideration for monetary compensation claims, leading to the issuance or disposal of shares.

Allocation agreement and transfer restrictions

The transfer restrictions run from July 15, 2026, to July 14, 2076. It provides detailed terms for解除 transfer restrictions, calculations upon events such as death or termination of term, provisions for free acquisition, and account management related to the allocation agreement. Provisions for handling during corporate restructuring are also described, and there may be scenarios under which transfer restrictions could be解除.

This page uses AI to summarize IR materials from TDnet. Please refer to the original document for investment decisions.

MK Precision Co., Ltd.

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