NGK Restricts Share Transfer for Executives and Directors

TOKYO, Jul 21 (Pulse News Wire) – NGK Corporation (5333.NG) completed the payment procedures for restricted share awards to executives and directors on Friday, July 21, 2026. The resolution was made during the board meeting held on July 6, 2026.

Under the agreement, NGK distributed ordinary shares totaling 119,500. Each share was sold at ¥7,473 per unit, resulting in a total transaction value of ¥893.0 million.

The shares were transferred to six internal directors and 23 executive officers who do not concurrently hold director positions, excluding those residing overseas permanently. The payment completion date was set.