TOKYO, Apr 17 (Pulse News Wire) – Cyberlinks CO.,LTD. (3683.T) announced today that its board of directors has resolved to issue restricted shares as compensation.
The issuance will take place on May 15, 2026, involving the distribution of ordinary shares worth ¥1,031 per share to eight executives of its subsidiary companies. A total of 6,501 shares will be issued, amounting to a total value of ¥6.7 million. The restricted shares will be granted to the executives based on their agreement to exchange monetary compensation received from the subsidiary companies for these shares. The shares will carry restrictions until the executives resign from their positions as directors of the subsidiaries.
During this period, the executives cannot transfer, pledge, or dispose of the shares without approval from the company's board of directors. In addition, if an executive resigns within the initial period ending on the day prior to the subsidiary’s annual shareholders' meeting, the company will acquire the restricted shares free of charge unless there are valid reasons recognized by the board. Upon expiration of the restriction period, any remaining restricted shares will also be acquired by the company at no cost. However, if an executive remains in office through the end of the restriction period, the restrictions will be lifted entirely.
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