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Share Issuance and Disposal1833OKUMURA CORPORATIONConstruction and Materials

Notice Concerning the Disposal of Treasury Shares as Restricted Stock Compensation

The Company resolved to dispose of 28,907 treasury shares as restricted stock compensation for 7 directors and 25 executive officers. The shares may not be transferred until the recipient leaves office, and the Company will acquire them without consideration if certain events occur, including leaving office for specified reasons or misconduct.

Worth reading
47Recurring
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Direction
Neutral
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Scale
28907
Shares
Wording
Definitive
How definitive the wording is.

Details of issuance or disposal

Disposal of treasury shares as restricted stock compensation

Who receives how much28,907Shares

28,907 treasury shares

7 directors, excluding directors who are Audit and Supervisory Committee members and outside directors9,141 shares
25 executive officers19,766 shares

The height of each bar represents the proportion of shares received by each allottee. The thin line below represents the number of existing shares to which these shares are added.

¥5,610 per share
Total issue value

¥162,168,270

Amount of funds to be raised
Total payment amount: ¥162,168,270; estimated net proceeds: Not disclosed
Total Stock-Based Compensation
Total monetary compensation receivables: ¥162,168,270
発行済株式総数

As this is a disposal of treasury shares, the total number of issued shares will not increase

Not applicable (disposal of treasury shares)

The dilution rate shows what proportion the newly issued shares represent of the existing shares. The higher the proportion, the more the value and voting rights per share are diluted.

Conditions on transfer restrictions

Restricted stock is stock awarded as compensation that cannot be sold during a specified period, with the restrictions lifted once the applicable conditions are met.

Transfer restriction period
From the allocation date until the recipient leaves office
Conditions for lifting transfer restrictions
The restrictions will generally be lifted when the restricted period expires, provided that the eligible director or other recipient leaves office for a reason deemed legitimate by the Board of Directors.
Reason for acquisition without consideration
If the recipient leaves office during the period of performance of duties, commits misconduct or otherwise falls under certain specified circumstances, or if the restrictions have not been lifted when the restricted period expires.
Categories and Number of Persons Covered
7 directors: 9,141 shares; 25 executive officers: 19,766 shares
Intended allottee's holding policy
During the restricted period, the shares may not be transferred, pledged or otherwise disposed of. The restricted period runs from the allocation date until the recipient leaves office.
Payment date
31 July 2026
Basis for determining the amount to be paid
The closing price of ¥5,610 on the business day immediately preceding the date of the Board of Directors' resolution. No discount or premium applies.
Details of issuance or disposal
ItemDetails
Type of issuance or disposalDisposal of treasury shares as restricted stock compensation
Number of shares to be issued or disposed of28,907 treasury shares
Issue price and disposal price¥5,610 per share
Total issue value¥162,168,270
Amount of funds to be raisedTotal payment amount: ¥162,168,270; estimated net proceeds: Not disclosed
Payment date31 July 2026
Intended allotteeName 7 directors, excluding directors who are Audit and Supervisory Committee members and outside directors / Number of Shares 9,141 shares, Name 25 executive officers / Number of Shares 19,766 shares
Intended allottee's holding policyDuring the restricted period, the shares may not be transferred, pledged or otherwise disposed of. The restricted period runs from the allocation date until the recipient leaves office.
Dilution RateNot applicable (disposal of treasury shares)
Total number of issued sharesAs this is a disposal of treasury shares, the total number of issued shares will not increase
Basis for determining the amount to be paidThe closing price of ¥5,610 on the business day immediately preceding the date of the Board of Directors' resolution. No discount or premium applies.
Transfer restriction periodFrom the allocation date until the recipient leaves office
Conditions for lifting transfer restrictionsThe restrictions will generally be lifted when the restricted period expires, provided that the eligible director or other recipient leaves office for a reason deemed legitimate by the Board of Directors.
Reason for acquisition without considerationIf the recipient leaves office during the period of performance of duties, commits misconduct or otherwise falls under certain specified circumstances, or if the restrictions have not been lifted when the restricted period expires.
Categories and Number of Persons Covered7 directors: 9,141 shares; 25 executive officers: 19,766 shares
Total Stock-Based CompensationTotal monetary compensation receivables: ¥162,168,270
Items this document does not state (12)
Estimated issuance expensesSpecific use of fundsExercise priceExercise periodNumber of Stock Acquisition RightsUnderwriter / lead underwriterOverallotmentStock Split RatioProcedures under the Corporate Code of ConductMost recent equity financingMajor shareholders after the offeringImpact on Business Performance

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

To provide incentives for the sustained enhancement of corporate value and promote value sharing between the eligible directors and other recipients and shareholders.

How to read this page

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Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Concerning the Disposal of Treasury Shares as Restricted Stock Compensation | OKUMURA CORPORATION (1833) timely disclosure | Komori