House Foods Group to Distribute Restricted Shares to Executives on Aug 5
TOKYO, Jul 17 (Pulse News Wire) – House Foods Group Inc. (2810.T) decided to distribute restricted shares to seven executives on August 5, 2026.
The distribution includes pre-delivery and performance-linked restricted stock options based on monetary compensation totaling ¥47.6 million. Pre-delivery shares involve issuing ordinary shares worth ¥3,873 per share, while performance-linked shares are contingent upon achieving non-financial metrics set forth in the medium-term plan. Under the pre-delivery program, executives will receive ordinary shares up to a limit of 14,000 annually, with the per-share payment amount determined based on the closing price of the company's ordinary shares on the Tokyo Stock Exchange prior to the board resolution date.
Performance-linked shares have similar conditions but are based on the previous fiscal year’s performance period. Executives will hold these shares in a dedicated account managed by Nomura Securities during the restriction period, which ends when their position as directors ceases. In case of organizational restructuring, some restrictions may be lifted earlier according to predefined criteria.
