Hashimoto Sogyo Holdings Soyo Holdings to Issue Restricted Share Awards to Executives and Directors
TOKYO, Jun 26 (Pulse News Wire) – Hashimoto Sogyo Holdings CO.,LTD. (7570.T) resolved to issue restricted share awards to executives and directors during a board meeting held on June 26, 2026. The sha
TOKYO, Jun 26 (Pulse News Wire) – Hashimoto Sogyo Holdings CO.,LTD. (7570.T) resolved to issue restricted share awards to executives and directors during a board meeting held on June 26, 2026.
The shares will be paid up on July 22, 2026, totaling 20,400 ordinary shares valued at ¥1,377 per share, amounting to ¥28.1 million. The awards are part of a long-term incentive program introduced in May 2020 aimed at aligning executive interests with shareholder value. Under this program, the company grants restricted stock units to directors and auditors based on their performance and responsibilities. The shares are subject to vesting conditions tied to continued service until retirement or resignation.
In addition, the company decided to grant cash compensation bonds worth 28,090,800 to ten directors and four auditors, which will be converted into ordinary shares. Ten directors will receive 17,063 shares, four auditors will get 652 shares, and four subsidiary directors will obtain 2,685 shares, summing up to 20,400 shares in total. Each recipient will enter into individual agreements prohibiting the sale, pledge, or transfer of the awarded shares until the end of the restriction period, which runs from July 22, 2026 until the respective director's or auditor’s departure from their position. Upon fulfillment of the vesting requirements, restrictions will be lifted, allowing free disposal of the shares.
In case of premature termination due to death or other valid reasons, partial lifting of restrictions will apply based on the duration of service.
