ESOPJun 30, 2026, 10:16 AM
Sony Group to Grant Restricted Stock Units to Employees and Officers
AI Summary
Sony Group Corporation announced the granting of Restricted Stock Units (RSUs) to its directors, corporate executive officers, other officers, and employees, as well as those of its subsidiaries. This initiative is part of a stock compensation plan introduced in the fiscal year ended March 31, 2023. The grants are divided into four series with varying vesting schedules and recipient groups, with the scheduled grant date set for July 24, 2026. The plan aims to deliver common stock after vesting, with provisions for cash in lieu under specific circumstances.
Key Highlights
- Sony Group announced the granting of Restricted Stock Units (RSUs) to employees and officers.
- Twentieth Series grants up to 44,400 RSUs to 8 directors, vesting after 9 years.
- Twenty-First Series grants up to 1,244,188 RSUs to 14 officers/employees, vesting after 3 years.
- Twenty-Second Series grants up to 1,975,856 RSUs to 434 employees/officers, vesting over 3 years.
- Twenty-Third Series grants up to 60,860 RSUs to 4 corporate executive officers, vesting upon cessation of senior executive position.
- Total of approximately 3,325,304 RSUs are being granted across all series.
- The scheduled grant date for all Restricted Stock Units is July 24, 2026.
- Shares will be delivered via treasury shares or equivalent cash compensation upon vesting.
Price Impact
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