TOKYO, Mar 26 (Pulse News Wire) – FINDEX Inc. (3649.T) announced today that its board of directors resolved to distribute restricted stock awards to executives as part of its incentive compensation program.
The distribution will take place on April 13, 2026, involving 1,234,567 ordinary shares at a price of ¥1,234 per share, totaling ¥1,523,456,789. The recipients include five directors and two executive officers. The purpose of this initiative is to align executive interests with shareholder value and promote sustainable growth. Under the restricted stock plan introduced on February 13, 2023, the awarded shares cannot be transferred, pledged, or gifted during the restriction period from April 13, 2026, to June 30, 2029.
Restrictions will lift upon completion of the designated service period or earlier under certain conditions, such as resignation due to valid reasons or death. Additionally, FINDEX reserves the right to acquire any untransferred shares at no cost once restrictions expire. Shares will be managed through Mizuho Securities' dedicated accounts until the lifting of restrictions. The valuation of ¥1,234 per share was based on the closing price of FINDEX's ordinary shares on the Tokyo Stock Exchange on March 25, 2026, ensuring fairness and alignment with market prices.
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