Fact Source: Financial Supervisory Service DART
💡 3-Second Summary
HPSP has decided to dispose of 4,410 treasury common shares (valued at approximately KRW 190.5M) via off-market transfer to 3 executives and employees to fulfill its restricted stock unit (RSU) compensation program.
📊 [Key Disclosure Details & Financial Figures]
- Details and Scale of Disposal
- Number of Shares Scheduled for Disposal: 4,410 common shares
- Disposal Price per Share: KRW 43,200 (based on the closing price on the day prior to the board resolution date)
- Total Estimated Disposal Amount: KRW 190,512,000 (KRW 190.5M)
- Calculated by multiplying the number of shares by the disposal price; actual total amount may vary depending on execution results.
- Purpose and Method of Disposal
- Purpose of Disposal: Distribution of treasury stock under the Restricted Stock Unit (RSU) program for executives and employees
- Method of Disposal: Off-market disposal (direct account transfer from the company’s treasury stock account to the recipients’ accounts without an entrusted broker)
- Counterparty of Disposal: 3 executives and employees of HPSP (individuals who have met the vesting and payout conditions under the RSU program)
- Scheduled Disposal Period: March 02, 2026 – June 02, 2026 (to be distributed according to individual contracts following the board resolution)
- Treasury Stock Holdings Prior to Disposal
- Acquired within Distributable Profit Scope (In-kind Holdings): 2,736,250 common shares (3.26% of the total 83,999,120 issued shares)
- Other Acquisitions: None
- Board Resolution and Other Details
- Board Resolution Date: February 12, 2026
- Attendance of Outside Directors: 3 present / 0 absent
- Attendance of Audit Committee: All Audit Committee members consist of Outside Directors
- Dilution Effect: The scheduled disposal volume accounts for 0.005% of total issued shares and involves direct transfer to recipient accounts rather than open market selling, resulting in a negligible dilution effect.
- Potential Quantity Variation: The final number of disposed shares may vary due to potential changes in eligible recipients, such as unmet vesting conditions or resignations.
📝 Editor’s Comment (Key Follow-up Checkpoint)
📌 Actual Execution and Final Verification of Treasury Stock Disposal
This disposal of treasury stock is an internal account transfer for employee compensation (RSU) rather than a direct open-market sale, and its small proportion relative to total issued shares (0.005%) minimizes market supply-and-demand impact. Verifying whether the planned 4,410 shares are fully distributed without variations caused by employee turnover during the disposal period (March 2, 2026 – June 2, 2026) is important for confirming the completion of equity compensation and changes in treasury stock inventory. The actual execution details can be verified in subsequent official disclosures regarding treasury stock or periodic regulatory filings (such as Annual, Quarterly, or Half-Yearly Reports).
📢 Disclaimer & Source Notice
Source: This content was newly generated and structured based on officially submitted data from the Financial Supervisory Service’s Data Analysis, Retrieval and Transfer System (DART).
Investment Risk Warning: This content is provided solely for informational and linguistic reference purposes. Under no circumstances does it constitute financial advice or a recommendation to buy or sell specific securities. All investment decisions and financial responsibilities rest entirely with the individual investor.
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