Rockchip: 2024 equity incentive plan reserved rights expire

Rockchip Electronics Co., Ltd. (SSE: 603893) announced the expiration of its reserved equity incentives under the 2024 stock option and restricted stock incentive plan, as detailed in an exchange filing today. The incentive plan, initially approved in February 2024 and by shareholders in March 2024, included a provision requiring the company to identify beneficiaries for the reserved portion within 12 months of shareholder approval. As of March 18, 2025, the company had not designated beneficiaries for the reserved 1.2 million stock options and 30,000 restricted shares, leading to their expiration. This decision was made public by Rockchip's board of directors.