TOKYO, Mar 19 (Pulse News Wire) – Unicharm Corporation (8113.T) resolved to sell restricted stock as part of its long-term incentive program during a board meeting held. The sale will take place on April 16, 2026, involving 1,200,000 shares at a price of ¥1,000 per share, totaling ¥1,200,000,000.
The proceeds will benefit 24 executives, including directors, executive officers without director status, and senior managers. Under the newly introduced Restricted Stock Compensation Program, eligible recipients will hold the shares subject to vesting conditions tied to their service duration. Directors will retain the shares until March 18, 2029, while executive officers and senior managers will maintain control until April 15, 2029.
In case of significant misconduct or substantial losses, the company reserves the right to reclaim the vested shares free of charge. The shares will be managed through dedicated accounts set up with Nomura Securities Co., Ltd., ensuring compliance with restrictions against transfers, pledges, or other disposals throughout the vesting period. Upon fulfillment of the vesting requirements, the shares will be released from restrictions, allowing holders to dispose of them according to the agreed-upon conditions.
🟡 Confidence: Standard AI-translated content.