TOKYO, Apr 10 (Pulse News Wire) – Artience CO.,LTD. (4634.T) resolved today to distribute restricted shares as part of its equity compensation program.
The distribution, set for April 10, 2026, involves awarding ordinary shares worth ¥3,935 per share to three directors and ten executive officers, totaling ¥64.1 million. Additionally, eleven advisors will also receive shares through this program. The purpose of this distribution is to align executives' interests with shareholders by linking their compensation to stock performance.
The total monetary value of the awards is set within the annual limit of ¥100 million and the number of shares allocated cannot exceed 100,000 per individual. The restriction period for these shares runs from April 10, 2026 until the recipient's departure from their respective positions at Artience or its subsidiaries. Artience will acquire any untransferred shares free of charge upon expiration of the restriction period or earlier if certain conditions are met.
The shares will be managed by SMBC Nikko Securities according to Artience’s instructions, ensuring compliance with the restrictions until lifted.
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