TOKYO, Apr 24 (Pulse News Wire) – Trade Works Co.,ltd (3997.T) resolved today to distribute restricted shares worth approximately ¥12,121,000 among three directors as part of its share-based compensation plan. The distribution will take place on May 22, 2026, involving 30,300 ordinary shares at a price of ¥401 per share.
The purpose of this distribution is to incentivize long-term value creation and promote alignment with shareholders' interests. Each director receiving shares must adhere to a restriction period lasting from May 22, 2026, until April 23, 2026, during which time they cannot sell, pledge, or otherwise dispose of the shares without approval from the board.
Under the agreement, restrictions will be lifted upon completion of the stipulated service period, subject to certain conditions such as continued employment or resignation due to death or other valid reasons recognized by the company's board. In case of early termination, a prorated portion of the shares will be released based on the duration of service completed.
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