Sony issues new stock options, adjusts restricted stock units after spin-off
Sony Group Corporation is set to issue 20,387 stock acquisition rights in its Fifty-Third Series and 9,383 in its Fifty-Fourth Series as stock options, effective November 25, 2025. These rights, allocated to corporate executive officers, employees, and directors of subsidiaries, aim to incentivize performance by linking economic interests to the Group's business results. The exercise period for both series runs from November 25, 2026, to November 24, 2035.
The exercise price for the Fifty-Third Series will be the average closing price of Sony's common stock over ten trading days prior to allotment, or the closing price on the day immediately preceding allotment if lower. For the Fifty-Fourth Series, the exercise price will be a U.S. dollar amount derived from the average of the closing prices over ten trading days, converted using a leading commercial bank's exchange rate. Payments for these rights will be offset by remuneration claims.
In a related development effective October 1, 2025, Sony also adjusted the number of shares delivered for restricted stock units due to the partial spin-off of Sony Financial Group Inc. RSUs granted on or before September 30, 2024, will now deliver 5.1465 shares per unit, up from 5 shares. RSUs granted between October 1, 2024, and September 30, 2025, will deliver 1.0293 shares per unit, an increase from 1 share.
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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