Fact Source: Financial Supervisory Service DART
💡 Summary
SK Square’s subsidiary, SK Hynix, is disposing of 191 treasury shares to settle a retired executive’s stock option exercise, while reporting the entire remaining pool of 114,209 shares granted at the same general meeting pursuant to disclosure regulations.
📊 Key Disclosure Contents & Financial Highlights
- Submitting Company: SK Square Co., Ltd. (Subsidiary: SK Hynix Inc.)
- Scheduled Number of Shares to Dispose: 114,209 common shares (less than 0.02% of total issued shares)
- Disposal Price per Share: KRW 124,220 (exercise price of stock options granted at the March 2022 general meeting)
- Total Estimated Disposal Amount: KRW 14.19B (KRW 14,187,041,980)
- Scheduled Disposal Period: May 20, 2026 – March 30, 2027
- Purpose of Disposal: Delivery of treasury shares as cash-difference settlement upon the first exercise of stock options granted at the 2022 annual general meeting, and full disclosure of remaining granted options from the same meeting
- Method of Disposal: Direct transfer from the company’s treasury account to the individual’s personal brokerage account
- Counterparty: Executives (including retired executives)
- Confirmed Disposal Quantity: 191 shares (calculated based on the price differential for 210 options exercised by 1 retired executive, subject to tax withholdings)
- Unconfirmed Remaining Quantity: 113,999 shares (subject to change based on future stock option exercises and settlement methods)
- Treasury Stock Holding Prior to Disposal: 1,630,448 common shares (0.2% stake)
📝 Editor’s Comment (Key Follow-up Checkpoint)
📌 Monitoring Stock Option Exercises and Treasury Share Changes in Periodic Reports
This treasury share disposal disclosure represents a regulatory reporting requirement covering all remaining options from the same shareholder meeting upon the initial exercise by a retired executive, with only 191 shares actually being delivered at present.
Tracking actual future stock option exercises and the resulting changes in remaining treasury shares is important to understand the accurate share count dynamics and financial impact on the subsidiary.
Detailed updates regarding treasury share balances and equity incentive settlements can be verified in future annual, half-year, or quarterly reports and subsequent disclosures of SK Hynix and SK Square.
📢 Disclaimer & Source Notice
Source: This content was structured and newly generated based on official filing data from the Financial Supervisory Service’s DART system.
Investment Risk Warning: This content is provided for informational and linguistic reference purposes only. Differences in vocabulary or structure may exist, and under no circumstances does this constitute financial advice or a recommendation to buy or sell specific stocks. All investment decisions and financial responsibilities rest entirely with the investor.
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