Nitta Corp Completes Executives' Restricted Share Award Settlement

TOKYO, Apr 28 (Pulse News Wire) – Nitta Corporation (5186.T) completed the settlement of restricted share awards for executives. The transaction involved the issuance of 6,699 ordinary shares to seven executive members at a price of ¥4,545 per share, totaling ¥30.4 million.

According to the resolution made during the board meeting held on April 3, 2026, the shares are subject to restrictions until the semi-annual report for the fiscal year containing the delivery date is filed. Additionally, since the total amount of the share award does not exceed ¥100 million, there was no need to file securities notification documents or interim reports under the Financial Instruments and Exchange Act.

This completes the key details of the share award settlement process for Nitta Corporation's executives.