Source disclosure: January 26, 2026
Rakuten Bank,Ltd. [5838.T]
TOKYO, Jan 26 (Pulse News Wire) – Rakuten Bank,ltd. (5838.T) resolved today to issue stock options, in the form of subscription rights, to its employees based on resolutions made during a board meeting held.
The bank plans to grant subscription rights to 316 employees totaling 319 units. Each subscription right entitles the holder to purchase ordinary shares at ¥1 per share, exercisable over a ten-year period beginning one year after issuance. Subscription rights will vest gradually, allowing partial exercise starting one year post-issuance, increasing incrementally until full exercise capability is achieved four years later.
This phased approach aims to enhance employee engagement and retention while aligning their interests with shareholder value. The total number of ordinary shares associated with these subscription rights is set at 31,900 shares, subject to adjustments due to corporate actions such as mergers or spin-offs. In addition, the bank outlined conditions for exercising the subscription rights, including restrictions on transferability and inheritance without special approval from the board.
Any taxes arising from the exercise of these rights would be borne by the recipients.
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