TOKYO, Mar 27 (Pulse News Wire) – Beaglee Inc. (3981.T) resolved today during its board meeting to distribute restricted shares as part of its stock compensation program.
The distribution, set for March 27, 2026, involves transferring 5,489 ordinary shares to two executives. Each share will be valued at ¥1,275 per share, totaling ¥7.0 million. The purpose of this initiative is to align executive interests with shareholder value, encouraging contributions to the company's growth. The restricted shares come with conditions such as a three-year holding period from March 27, 2026 to April 24, 2026.
During this period, the shares cannot be transferred except under certain circumstances, such as the executive continuing their role within the group until the end of the restriction period. In case of early termination due to death or resignation, a portion of the shares will be released based on the duration of service. Additionally, the company retains the right to reclaim all restricted shares if the recipient engages in illegal activities or breaches contract terms. The shares will be managed through SMBC Nikko Securities according to the agreement signed by the recipients.
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