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Share Issuance and Disposal9057ENSHU TRUCK CO.,LTD.Transportation and Logistics

Notice Regarding the Disposal of Treasury Shares as Restricted Stock to Directors and Executive Officers

The Company resolved to dispose of 2,814 shares of restricted stock as treasury shares to 1 director and 5 executive officers, with monetary compensation receivables contributed in kind. The transfer restrictions will generally remain in place from the payment date until the date on which the recipient ceases to hold the position of director or executive officer.

Worth reading
46Recurring
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Direction
Neutral
Direction inferred from the company’s description.
Scale
2814
Shares
Wording
Definitive
How definitive the wording is.

Details of issuance or disposal

Disposal of treasury shares as restricted stock compensation

Who receives how much2,814Shares

2,814 common shares of the Company (treasury shares)

The Company's directors1 / 938 shares
Executive officers who are not directors of the Company5 / 1,876 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.

¥3,195 per share
Total issue value

¥8,990,730

Amount of funds to be raised
Total payment amount: ¥8,990,730; estimated net proceeds: Not disclosed (disposal of treasury shares through an in-kind contribution of compensation receivables)
Total Stock-Based Compensation
Total monetary compensation receivables: ¥8,990,730
発行済株式総数

Not applicable (disposal of treasury shares only)

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 23 July 2026 until the date on which the recipient ceases to hold either the position of director or executive officer of the Company
Conditions for lifting transfer restrictions
The recipient must continuously hold the position of director or executive officer of the Company from 23 July 2026 until the conclusion of the annual general meeting of shareholders for the fiscal year ending March 2027. If the recipient ceases to hold the position due to death or another reason deemed legitimate by the Company's Board of Directors, all transfer restrictions will also be lifted upon expiry of the transfer restriction period.
Reason for acquisition without consideration
At the expiry of the transfer restriction period or another specified time prescribed in the agreement, the Company will automatically acquire for no consideration any of the allocated shares for which the transfer restrictions have not been lifted.
Categories and Number of Persons Covered
Category Directors (excluding outside directors) / Number of Employees 1 / Number of allocated shares 938 shares, Category Executive officers (excluding directors) / Number of Employees 5 / Number of allocated shares 1,876 shares
Intended allottee's holding policy
From 23 July 2026 until the date on which the recipient ceases to hold either the position of director or executive officer of the Company, the shares may not be transferred, pledged as collateral or otherwise disposed of.
Payment date
23 July 2026
Basis for determining the amount to be paid
The closing price of the Company's common shares on the Tokyo Stock Exchange on 23 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥3,195. No discount or premium rate was stated.
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 of2,814 common shares of the Company (treasury shares)
Issue price and disposal price¥3,195 per share
Total issue value¥8,990,730
Amount of funds to be raisedTotal payment amount: ¥8,990,730; estimated net proceeds: Not disclosed (disposal of treasury shares through an in-kind contribution of compensation receivables)
Payment date23 July 2026
Intended allotteeCategory The Company's directors / Number of Employees 1 / Number of Shares 938 shares, Category Executive officers who are not directors of the Company / Number of Employees 5 / Number of Shares 1,876 shares
Intended allottee's holding policyFrom 23 July 2026 until the date on which the recipient ceases to hold either the position of director or executive officer of the Company, the shares may not be transferred, pledged as collateral or otherwise disposed of.
Dilution RateNot applicable (disposal of treasury shares only)
Basis for determining the amount to be paidThe closing price of the Company's common shares on the Tokyo Stock Exchange on 23 June 2026, the business day preceding the date of the Board of Directors' resolution, was ¥3,195. No discount or premium rate was stated.
Transfer restriction periodFrom 23 July 2026 until the date on which the recipient ceases to hold either the position of director or executive officer of the Company
Conditions for lifting transfer restrictionsThe recipient must continuously hold the position of director or executive officer of the Company from 23 July 2026 until the conclusion of the annual general meeting of shareholders for the fiscal year ending March 2027. If the recipient ceases to hold the position due to death or another reason deemed legitimate by the Company's Board of Directors, all transfer restrictions will also be lifted upon expiry of the transfer restriction period.
Reason for acquisition without considerationAt the expiry of the transfer restriction period or another specified time prescribed in the agreement, the Company will automatically acquire for no consideration any of the allocated shares for which the transfer restrictions have not been lifted.
Categories and Number of Persons CoveredCategory Directors (excluding outside directors) / Number of Employees 1 / Number of allocated shares 938 shares, Category Executive officers (excluding directors) / Number of Employees 5 / Number of allocated shares 1,876 shares
Total Stock-Based CompensationTotal monetary compensation receivables: ¥8,990,730
Items this document does not state (13)
Estimated issuance expensesSpecific use of fundsTotal number of issued sharesExercise 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 sustainable enhancement of corporate value and shareholder value over the medium to long term and to further promote value sharing with shareholders. The Company also took into consideration the purpose of the system, the Company's performance, the scope of the responsibilities of each recipient and other relevant factors.

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Notice Regarding the Disposal of Treasury Shares as Restricted Stock to Directors and Executive Officers | ENSHU TRUCK CO.,LTD. (9057) timely disclosure | Komori