Makita Corporation
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Resolved to grant 3,893 shares of restricted stock to 23 management personnel as treasury stock. Payment deadline: 2026-09-29; number of allocated shares: 3,893; price per share: 5,300 yen; total amount: 20,632,900 yen; transfer restrictions apply during the lock-up period; upon expiration, shares will be acquired free of charge, with conditional解除 of transfer restrictions. Eligibility requires continued service during the applicable period.
Key Figures
- Allocated shares: 3,893 shares
- Allocation value: 5,300 yen
- Total allocated value: 20,632,900 yen
AI要約
Overview of allocation and purpose
We have resolved to dispose of treasury stock as restricted stock to employees. The recipients are 23 managerial employees of the company and its subsidiaries; allocation consists of 3,893 shares, with a payment deadline of September 29, 2026. Allocation shares carry transfer restrictions during the lock-up period, with conditions for解除 of restrictions at expiration and provisions for gratuitous acquisition. The objective is to sustainably enhance corporate value and promote shareholder value sharing.
Response to organizational restructuring and management
During the lock-up period, transfers, collateralization, and other dispositions are prohibited. To解除 transfer restrictions, the recipient must meet service period requirements. After the period ends, the company will acquire the remaining解除 shares at no cost. The restricted stock is managed in a dedicated account with Daiwa Securities, and exceptions are in place to解除 restrictions under specific conditions in the event of organizational restructuring.
Makita Corporation
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