TOKYO, May 21 (Pulse News Wire) – Soliton Systems K.K. (3040.T) resolved today to distribute restricted shares to its employees as part of its equity incentive program.
The distribution, scheduled for June 18, 2026, involves issuing ordinary shares worth ¥2,061 per share, totaling ¥20.4 million. The shares will be distributed to 16 employees based on their contributions and performance during the fiscal period from April 1, 2026, to March 31, 2029. Under the program, employees receiving these restricted shares cannot sell, pledge, or gift them until the respective holding periods end.
The holding periods are defined as follows: - From May 21, 2026 to March 31, 2027, for the first tranche, - From May 21, 2026 to March 31, 2028, for the second tranche, - And from May 21, 2026 to March 31, 2029, for the final tranche. In addition, the company retains the right to reclaim the shares if an employee leaves the organization prematurely without valid reasons. Upon completion of the holding periods, the restrictions on transferring the shares will be lifted, allowing employees to fully benefit from their holdings.
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