Komori
Share Issuance and Disposal4165PLAID,Inc.Information and Communications, Services and Others

Notice Concerning the Disposal of Treasury Shares as Restricted Stock-Based Compensation for Executive Officers

The company resolved to dispose of 280,100 treasury shares to 10 executive officers as restricted stock compensation. The shares will be divided into 5 tranches, with the transfer restrictions lifted in stages from the end of June 2027 through the end of June 2029.

Worth reading
37Immaterial
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
0.68
% (percentage of total shares outstanding)
Wording
Definitive
How definitive the wording is.

Details of issuance or disposal

Disposal of treasury shares as restricted stock compensation

Who receives how much280,100Shares

280,100 treasury shares

10 executive officers280,100 shares

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

¥738 per share
Total issue value

¥206,713,800

Total Stock-Based Compensation
¥206,713,800 in monetary claims paid
発行済株式総数

The total number of issued shares will not increase because this is a disposal of treasury shares.

0.68% (percentage of total shares issued)

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 11 December 2026 through 30 June 2027, 31 December 2027, 30 June 2028, 31 December 2028, and 30 June 2029, respectively, for each share tranche
Conditions for lifting transfer restrictions
The recipient must continuously hold the position of executive officer or employee of the company or one of its subsidiaries during each transfer-restricted period. In cases such as retirement upon expiration of the employment term, death, or other departure for reasons deemed legitimate by the Board of Directors, the restrictions will be partially lifted in proportion to the period of service.
Reason for acquisition without consideration
The company will automatically acquire without consideration any shares whose transfer restrictions have not been lifted when the transfer-restricted period expires or upon departure or other such event during the period.
Categories and Number of Persons Covered
10 executive officers, 280,100 shares
Payment date
11 December 2026
Basis for determining the amount to be paid
The closing price of ¥738 for the common shares on the Tokyo Stock Exchange on 11 November 2026, the business day preceding the date of the Board of Directors' resolution. No discount or premium.
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 of280,100 treasury shares
Issue price and disposal price¥738 per share
Total issue value¥206,713,800
Payment date11 December 2026
Intended allotteeName 10 executive officers / Number of Shares 280,100 shares
Dilution Rate0.68% (percentage of total shares issued)
Total number of issued sharesThe total number of issued shares will not increase because this is a disposal of treasury shares.
Basis for determining the amount to be paidThe closing price of ¥738 for the common shares on the Tokyo Stock Exchange on 11 November 2026, the business day preceding the date of the Board of Directors' resolution. No discount or premium.
Transfer restriction periodFrom 11 December 2026 through 30 June 2027, 31 December 2027, 30 June 2028, 31 December 2028, and 30 June 2029, respectively, for each share tranche
Conditions for lifting transfer restrictionsThe recipient must continuously hold the position of executive officer or employee of the company or one of its subsidiaries during each transfer-restricted period. In cases such as retirement upon expiration of the employment term, death, or other departure for reasons deemed legitimate by the Board of Directors, the restrictions will be partially lifted in proportion to the period of service.
Reason for acquisition without considerationThe company will automatically acquire without consideration any shares whose transfer restrictions have not been lifted when the transfer-restricted period expires or upon departure or other such event during the period.
Categories and Number of Persons Covered10 executive officers, 280,100 shares
Total Stock-Based Compensation¥206,713,800 in monetary claims paid
Items this document does not state (14)
Amount of funds to be raisedEstimated issuance expensesSpecific use of fundsIntended allottee's holding policyExercise 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 an incentive to promote the sustained enhancement of the corporate value of the Company Group and to advance the sharing of value with shareholders. The grant is also intended to encourage medium- to long-term and continuous service.

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 Concerning the Disposal of Treasury Shares as Restricted Stock-Based Compensation for Executive Officers | PLAID,Inc. (4165) timely disclosure | Komori