FilingReader Intelligence

Ofilm Group cancels stock options, first tranche conditions met

May 20, 2025 at 05:21 PM UTCBy FilingReader AI

OFILM Group [SZSE:002456] announced it will proceed with the first tranche exercise of its 2024 restricted stock and stock option incentive plan, following the cancellation of certain stock options. The decision, made on May 19, 2025, comes after 86 employees left the company, forfeiting 380,100 stock options, and 59 employees failing to meet 2024 performance goals, resulting in the cancellation of an additional 394,560 stock options. In total, 774,660 options were cancelled.

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

SZSE:002456Shenzhen Stock Exchange

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