TOKYO, Mar 16 (Pulse News Wire) – Money Forward,inc. (3994.T) resolved to issue restricted shares as compensation to its employees and subsidiary executives during a board meeting held.
The issuance will follow the previously announced plan dated January 14, 2026. Under the plan, 93,015 ordinary shares will be issued to 148 employees and 30,915 shares to seven directors and 57 employees of its subsidiaries. Each share will be priced at ¥1,000, totaling ¥93.02 million. The shares will be transferred in exchange for monetary compensation bonds worth ¥93.02 million, which the recipients will contribute to the company through physical capital contribution.
Three types of restricted stock plans will be implemented, with restriction periods ranging from April 10, 2026, to April 9, 2031. The restrictions will lift upon completion of service as a director or employee within the respective holding periods. In case of loss of position due to valid reasons recognized by the board, the restrictions will also be lifted accordingly. Additionally, should the recipient lose their position as a director or employee prior to the expiration of the restriction periods, the company reserves the right to acquire the shares without payment, except for cases approved by the board.
The shares will be managed through accounts set up with SMBC Nikko Securities until the lifting of restrictions.
🟢 Confidence: High AI-translated content.