RS Technologies Co.,Ltd. [3445.T]
TOKYO, Apr 24 (Pulse News Wire) – RS Technologies CO.,LTD. (3445.T) announced today that its board of directors decided to issue restricted shares as compensation to four executives and four directors on May 21, 2026.
The issuance involves 20,574 ordinary shares at a price of ¥1,000 per share, totaling 20.574 million yen. Under the restricted stock award program approved at the company's 13th annual shareholders' meeting in 2023, RS Technologies aims to align executive interests with shareholder value by requiring recipients to hold the shares until their departure from management roles.
The restricted period runs from May 21, 2026, to the day the recipient leaves any position within the company. Additionally, the company will acquire unrestricted shares free of charge if recipients leave their positions prematurely without valid reasons recognized by the board.
The total monetary compensation equivalent to the shares is set at 200 million yen, distributed based on individual contributions and performance.
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