TOKYO, Jun 23 (Pulse News Wire) – Pegasus CO.,LTD. (6262.T) resolved today during its board meeting to distribute restricted stock awards to executives and employees as part of its compensation program.
The distribution will take place on July 22, 2026, involving 38,677 shares of common stock valued at ¥530 per share, totaling ¥26.0 million. The awards will be granted to three directors and four executive officers, along with three employees. The purpose of this initiative is to align the interests of management with those of shareholders by ensuring they share the risks and benefits associated with changes in the stock price. Directors and executives will hold these shares until their departure from any position within the company or its subsidiaries, subject to certain conditions outlined in the agreement.
If a recipient leaves before the end of the restriction period, except for valid reasons recognized by the board, the company will acquire the shares free of charge. Additionally, the company will lift restrictions on the awarded shares once recipients maintain their positions through the next annual general meeting scheduled for June 2027. In cases where recipients depart early due to valid reasons, partial lifting of restrictions based on tenure will apply. Shares will be managed through accounts set up with SMBC Nikko Securities Co., Ltd., ensuring compliance with the stipulated holding requirements.
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