Komori
Share Issuance and Disposal3984User Local,Inc.Information and Communications, Services and Others

Notice Regarding Completion of Payment for the Disposal of Treasury Shares as Restricted Stock to the Company's Employees and Partial Forfeiture

In connection with the planned disposal of treasury shares as restricted stock to employees, the number of shares to be disposed of decreased from 90,200 to 89,400 and the number of eligible recipients decreased from 63 to 62 due to the forfeiture of eligibility by 1 employee. Payment was completed on 9 June 2026.

Worth reading
30Immaterial
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Neutral
Direction inferred from the company’s description.
Scale
800
decrease in shares
Wording
Definitive
How definitive the wording is.

Details of issuance or disposal

Disposal of treasury shares as restricted stock compensation

Who receives how much

89,400 shares of the Company's common stock (90,200 shares before the change)

62 employees, 89,400 shares

The lower thin line represents the existing number of shares to which these shares will be added.

¥1,540 per share
Total issue value

¥137,676,000 (¥138,908,000 before the change)

Categories and Number of Persons Covered
62 employees, 89,400 shares
Payment date
9 June 2026
Procedures under the Corporate Code of Conduct
Filing of an extraordinary report under the Financial Instruments and Exchange Act
Impact on Business Performance
The impact of this change on results for the current fiscal year is minor.
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 of89,400 shares of the Company's common stock (90,200 shares before the change)
Issue price and disposal price¥1,540 per share
Total issue value¥137,676,000 (¥138,908,000 before the change)
Payment date9 June 2026
Intended allottee62 employees, 89,400 shares
Categories and Number of Persons Covered62 employees, 89,400 shares
Procedures under the Corporate Code of ConductFiling of an extraordinary report under the Financial Instruments and Exchange Act
Impact on Business PerformanceThe impact of this change on results for the current fiscal year is minor.
Items this document does not state (19)
Amount of funds to be raisedEstimated issuance expensesSpecific use of fundsIntended allottee's holding policyDilution RateTotal number of issued sharesBasis for determining the amount to be paidExercise priceExercise periodNumber of Stock Acquisition RightsTransfer restriction periodConditions for lifting transfer restrictionsReason for acquisition without considerationTotal Stock-Based CompensationUnderwriter / lead underwriterOverallotmentStock Split RatioMost recent equity financingMajor shareholders after the offering

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.

This was because 1 of the employees scheduled to receive an allocation at the time the disposal of treasury shares was approved forfeited eligibility. The impact of this change on results for the current fiscal year is minor.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
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 Regarding Completion of Payment for the Disposal of Treasury Shares as Restricted Stock to the Company's Employees and Partial Forfeiture | User Local,Inc. (3984) timely disclosure | Komori