ESOPApr 29, 2026, 04:38 PM
WTO Grants 200,000 RSUs to Each of 5 Directors
AI Summary
UTime Limited granted 200,000 restricted stock units (RSUs) to each of its five directors on April 29, 2026. Each RSU represents one Class A ordinary share and vested immediately upon issuance, as per the grant agreements.
Key Highlights
- UTime granted 200,000 restricted stock units (RSUs) to each of its five directors.
- A total of 1,000,000 RSUs were granted (5 directors * 200,000 RSUs/director).
- Each RSU represents one Class A ordinary share of the Company.
- The granted RSUs vested immediately upon issuance.
Price Impact
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