The Ogaki Kyoritsu Bank Grants Equity-Based Stock Options to Executives

TOKYO, Jul 28 (Pulse News Wire) – The Ogaki Kyoritsu Bank,ltd. (8361.NG) announced the final determination of equity-based stock options granted to directors and executive officers during a board meeting held on June 23, 2026.

Under the resolution, the bank will issue 509 stock options, each allowing the holder to purchase 10 shares of common stock. The options will be distributed among 15 internal directors and executives. Each option comes with a subscription price of ¥74,550 per share, calculated based on the Black-Scholes model on July 28, 2026.

The total number of ordinary shares associated with these options is 5,090. Recipients will settle their payment obligation through offset against compensation receivables owed to the bank. This issuance marks the completion of the previously undecided aspects of the stock option program.