TOKYO, Jun 24 (Pulse News Wire) – Rohm Company Limited (6963.T) resolved at today's board meeting to dispose of shares as part of its performance-based compensation program. The disposition will occur on July 22, 2026, involving ordinary shares totaling 8,805.
Each share will be sold at ¥5,444 per share, resulting in a total amount of ¥47.9 million. The shares will be distributed to three directors excluding audit committee members and outside directors. This move follows the introduction of a performance-linked restricted stock unit (PSRU) remuneration system aimed at aligning executive incentives with long-term corporate value enhancement and shareholder alignment. Under this system, directors receive cash awards convertible into company shares based on performance metrics over four fiscal years ending March 31, 2026.
Details of the PSRU agreement stipulate a restriction period from July 22, 2026, to July 22, 2056, during which transferred shares cannot be traded, pledged, or otherwise disposed of without permission. Restrictions will lift upon continued directorship until the end of the restriction period or earlier due to retirement or resignation under valid circumstances. In case of misconduct, the company reserves the right to reclaim the shares free of charge. Shares will also be managed through a dedicated account at Nomura Securities to ensure compliance with restrictions.
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