SUN-WA TECHNOS CORPORATION [8137.T]
TOKYO, Jun 26 (Pulse News Wire) – Sun-Wa Technos Corporation (8137.T) resolved at today’s board meeting to issue restricted shares to its executives and employees as part of its incentive program. The share issuance will take place on July 24, 2026, with a total of 73,000 ordinary shares being distributed among five directors, eight executive officers, and seven employees.
Each share will be priced at ¥3,700, based on the closing price of the company's stock on the Tokyo Stock Exchange on June 25, 2026. Under the new compensation system, directors and senior management will receive equity grants subject to vesting conditions tied to their continued service until July 1, 2027. Full vesting requires continuous employment through the end of the fiscal year 2027.
Any unvested shares will revert to the company upon termination of employment during the vesting period. This move aims to align long-term interests of executives with shareholders while fostering greater value-sharing among stakeholders. The company also amended the annual limit for monetary compensation bonds associated with the restricted share plan to within a certain amount per year.
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