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Share Issuance and Disposal6890Ferrotec CorporationElectrical Equipment and Precision Instruments

Notice Concerning the Disposal of Treasury Shares as Restricted Stock Units (RSUs)

As a portion of the RSUs has vested, the Company has decided to deliver 5,169 treasury shares to 6 employees of its overseas subsidiary in exchange for the in-kind contribution of monetary compensation receivables. The shares delivered will not be subject to transfer restrictions.

Worth reading
46Recurring
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Direction
Neutral
Direction inferred from the company’s description.
Scale
5169
Shares
Wording
Definitive
How definitive the wording is.

Details of issuance or disposal

Disposal of treasury shares as RSUs

Who receives how much5,169Shares

Treasury shares of common stock: 5,169 shares

6 employees of the Company's overseas subsidiary5,169 shares

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

¥6,930 per share
Total issue value

¥35,821,170

Amount of funds to be raised
Total payment amount: ¥35,821,170; estimated net proceeds: Not disclosed (as the shares are disposed of through the in-kind contribution of compensation receivables)
Total Stock-Based Compensation
Total monetary compensation receivables: ¥35,821,170
発行済株式総数

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

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
No transfer restrictions
Conditions for lifting transfer restrictions
Not applicable (the shares delivered are not subject to transfer restrictions)
Reason for acquisition without consideration
The RSUs are subject to forfeiture events, including termination of employment and misconduct. The grounds for the Company's gratuitous acquisition of shares after the disposal of treasury shares are Not disclosed.
Categories and Number of Persons Covered
6 employees of the Company's overseas subsidiary, 5,169 shares
Intended allottee's holding policy
The Company's shares delivered through this disposal of treasury shares will not be subject to transfer restrictions or any other encumbrances or restrictions. Other information regarding the recipients' holding policy is Not disclosed.
Payment date
14 May 2026
Basis for determining the amount to be paid
The closing price of the Company's common stock on the Tokyo Stock Exchange on 14 April 2026 was ¥6,930. The discount and premium rates are 0%.
Details of issuance or disposal
ItemDetails
Type of issuance or disposalDisposal of treasury shares as RSUs
Number of shares to be issued or disposed ofTreasury shares of common stock: 5,169 shares
Issue price and disposal price¥6,930 per share
Total issue value¥35,821,170
Amount of funds to be raisedTotal payment amount: ¥35,821,170; estimated net proceeds: Not disclosed (as the shares are disposed of through the in-kind contribution of compensation receivables)
Payment date14 May 2026
Intended allotteeName 6 employees of the Company's overseas subsidiary / Number of Shares 5,169 shares
Intended allottee's holding policyThe Company's shares delivered through this disposal of treasury shares will not be subject to transfer restrictions or any other encumbrances or restrictions. Other information regarding the recipients' holding policy is Not disclosed.
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 the Company's common stock on the Tokyo Stock Exchange on 14 April 2026 was ¥6,930. The discount and premium rates are 0%.
Transfer restriction periodNo transfer restrictions
Conditions for lifting transfer restrictionsNot applicable (the shares delivered are not subject to transfer restrictions)
Reason for acquisition without considerationThe RSUs are subject to forfeiture events, including termination of employment and misconduct. The grounds for the Company's gratuitous acquisition of shares after the disposal of treasury shares are Not disclosed.
Categories and Number of Persons Covered6 employees of the Company's overseas subsidiary, 5,169 shares
Total Stock-Based CompensationTotal monetary compensation receivables: ¥35,821,170
Items this document does not state (13)
Estimated issuance expensesSpecific use of fundsDilution RateExercise 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.

A portion of the RSUs granted in March 2023 has vested. The Company's shares will be delivered through the in-kind contribution of all monetary compensation receivables granted to the eligible recipients.

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 Units (RSUs) | Ferrotec Corporation (6890) timely disclosure | Komori