FilingReader Intelligence

SG Micro issues stock options to boost employee incentives

May 6, 2025 at 05:16 PM UTCBy FilingReader AI

SG Micro Corp (SZSE:300661) announced the initial grant of its 2025 stock option incentive plan, issuing 10 million stock options to 1,466 eligible employees, including senior management, core members, and technical staff. The options are priced at CNY 96.00 each, with vesting scheduled over four years, contingent on the company's and individual's performance. The company must achieve set revenue targets, for 2025 and cumulatively through 2028, with the first vesting period beginning in May 2026 and continuing year on year. The goal is to create stronger alignment between employee contributions and shareholder value by rewarding employees for achieving company-wide objectives.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

SZSE:300661Shenzhen Stock Exchange

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