Source disclosure: February 26, 2026, 16:30 JST
SpiderPlus & Co. [4192.T]
TOKYO, Feb 26 (Pulse News Wire) – SpiderPlus & Co. (4192.T) announced today that its board of directors has approved the introduction of a restricted share compensation plan aimed at enhancing long-term corporate value and fostering closer alignment with shareholders.
The plan, which requires shareholder approval at the upcoming annual general meeting scheduled for March 25, proposes granting restricted shares worth up to ¥60 million per year to executives, with separate allocations for external directors amounting to ¥12 million. Under the proposed scheme, executives would receive monetary compensation bonds convertible into restricted shares, subject to a three-year holding period during which the shares cannot be transferred, pledged, or otherwise disposed of. Should an executive leave their position within this period without valid reasons, the company reserves the right to reclaim the shares.
However, continuous service until the end of the restriction period could lead to lifting the restrictions on the shares. The company's capital structure remains unchanged, with the total number of ordinary shares issuable to executives capped at 200,000 per year, including 40,000 for external directors. The issuance price per share will be determined based on the closing price of SpiderPlus & Co.'s ordinary shares on the Tokyo Stock Exchange prior to the board resolution date, ensuring fair valuation.
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