Cyber Security Cloud,Inc. [4493.T]
TOKYO, Apr 21 (Pulse News Wire) – Cyber Security Cloud,inc. (4493.T) announced today that its board of directors resolved to issue restricted shares as part of an incentive program for executives.
The issuance will take place on May 21, 2026, involving 1,000 ordinary shares per executive at a price of ¥1,000 per share, totaling ¥1 million. The shares will be distributed to three named executives, excluding external directors. The purpose of this issuance is to incentivize long-term value creation and enhance shareholder alignment.
The program was approved during a February 19, 2026, board meeting and ratified at the company's annual general meeting held on March 31, 2021. Under the agreement, the executives will hold the shares for a restriction period from May 21, 2026, to May 20, 2030, barring certain conditions such as continued employment with the company or its subsidiaries. The valuation for the share issuance is based on the closing price of Cyber Security Cloud’s stock on the Tokyo Stock Exchange on April 20, 2026, which was set at ¥1,000 per share.
This price reflects fair market value and ensures there is no undue advantage to the recipients.
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