Grandy House Completes Restricted Share Disposal Following Board Resolution

TOKYO, Jul 24 (Pulse News Wire) – Grandy House Corporation (8999.T) completed the payment procedures related to the disposal of restricted shares as part of share-based compensation . The resolution was made during the board meeting held on June 26, 2026.

Details of the transaction are available in the June 26, 2026, press release. The disposal involved ordinary shares totaling 55,773. Each share was sold at ¥502 per share, resulting in a total amount of ¥28.0 million.

The shares were distributed among five directors, two appointed executive officers, and seven directors of subsidiary companies, excluding outside directors. This action aligns with the company's strategy to manage employee incentives through equity-based rewards while adhering to regulatory requirements. The completion of the payment marks a significant milestone in the execution of the compensation plan.