FilingReader Intelligence

Pasona Group announces executive restricted stock compensation plan

September 19, 2025 at 12:04 PM UTCBy FilingReader AI

Pasona Group Inc. announced on September 19, 2025, the disposal of 20,400 shares of its common stock as restricted stock compensation, effective October 17, 2025. This disposal is part of a new incentive plan targeting 16 eligible directors and executive officers, with a total value of JPY 44,961,600. The disposal price is set at JPY 2,204 per share, reflecting the closing price on the Tokyo Stock Exchange Prime Market on September 18, 2025, to ensure fairness and market alignment.

The compensation allocates 6,500 shares to five directors (excluding audit and supervisory committee members), 8,900 shares to five directors who are audit and supervisory committee members, and 5,000 shares to six executive officers who do not concurrently serve as directors. The plan, approved by the board of directors on July 15, 2025, and by shareholders on August 22, 2025, aims to enhance corporate value and align executive interests with shareholders.

The restricted stock allotment agreement includes a transfer restriction period from October 17, 2025, until immediately after the recipient's resignation or retirement. Transfer restrictions will be lifted conditional on continuous service during a specified period. The company will acquire shares without compensation if terms are violated or restrictions are not lifted. Nomura Securities Co., Ltd. will manage the shares in dedicated accounts to ensure compliance with transfer restrictions.

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

TSE:2168Tokyo Stock Exchange

News Alerts

Get instant email alerts when Pasona Group publishes news

Free account required • Unsubscribe anytime

Filing Activity Timeline

View Complete Filing History →