TOKYO, Jun 19 (Pulse News Wire) – Himacs,ltd. (4299.T) resolved to distribute restricted share awards totaling 34,800 shares of its common stock on July 17, 2026.
Each share will be sold at ¥1,131 per share, resulting in a total distribution amount of ¥39.4 million. The shares will be distributed to four directors excluding outside directors and twelve executive officers who do not concurrently hold director positions. The purpose of this distribution is to enhance motivation among these executives based on the long-term incentive program introduced in May 2020. Under this program, HIMACS granted monetary compensation bonds up to ¥25 million annually to eligible directors and executive officers, which were used to acquire restricted shares subject to vesting conditions.
The restricted period for these shares begins on July 17, 2026, and ends upon the resignation of the recipients from their respective roles. During this period, the shares cannot be transferred, pledged, or otherwise disposed of without approval. In case of early termination due to valid reasons such as retirement, the restrictions will be lifted proportionally based on the duration of service. Additionally, the company will manage these shares through a dedicated account opened with Nomura Securities Co., Ltd., ensuring compliance with the restrictions until the end of the vesting period.
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