Zacros grants restricted stock compensation to employees
Zacros Corporation announced on October 9, 2025, that its board of directors resolved to dispose of 18,942 shares of common stock as restricted stock compensation for 48 employees. This initiative is part of a Restricted Stock Grant Program introduced on September 11, 2024, to foster management participation, raise awareness of business performance and stock price, and share value with shareholders. The disposal value is 1,113 yen per share, totaling 21,082,446 yen.
The shares will be allotted on November 4, 2025, with a transfer restriction period extending until November 4, 2028. This restriction will be lifted if the employee remains with the company throughout the period, with exceptions for employment expiration, death, or other justifiable reasons. The disposal price of 1,113 yen per share is based on the closing price of Zacros common shares on the Tokyo Stock Exchange on October 8, 2025, ensuring a fair valuation.
During the restriction period, shares will be managed in dedicated accounts to prevent transfer or disposal. In cases of organizational restructuring, such as mergers or share exchanges, the transfer restrictions may be lifted earlier. The company will acquire any shares for which transfer restrictions are not lifted without consideration at the period's end.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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