SAKATA INX CORPORATION [4633.T]
TOKYO, Mar 26 (Pulse News Wire) – SAKATA INX CORPORATION (4633.T) resolved to issue restricted stock as compensation during its board meeting held. The company plans to distribute ordinary shares worth ¥2,285 per share to 14 executives and non-executive directors on April 24, 2026.
The total value of the distribution is expected to be ¥41.6 million. The issuance is part of a long-term incentive program aimed at aligning executive interests with shareholder value.
Under this program, the restricted stock will be subject to a 30-year holding period, with restrictions lifted upon continued employment until the end of the period. In case of resignation due to reasons deemed legitimate by the board, the company will acquire the shares free of charge.
This move reflects the company's commitment to fostering motivation among key personnel while ensuring alignment with shareholders' interests over the long term.
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