Fact Source: Financial Supervisory Service DART
💡 3-Second Summary
HPSP has decided to dispose of 76,617 treasury common shares (valued at approximately KRW 2.63B) via off-market transfer to 41 executives and employees to fulfill its stock compensation program (RSU and stock options).
📊 [Key Disclosure Details & Financial Figures]
- Details and Scale of Disposal
- Number of Shares Scheduled for Disposal: 76,617 common shares (52,550 shares for RSU, 24,067 shares for stock options for 1 employee)
- Disposal Price per Share: KRW 34,350 (based on the closing price on the day prior to the board resolution date)
- Total Estimated Disposal Amount: KRW 2,631,793,950 (KRW 2.63B)
- 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) and stock option programs 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: 41 executives and employees of HPSP (individuals who have met the vesting and payout conditions)
- Scheduled Disposal Period: September 29, 2025 – October 30, 2025 (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): 2,812,867 common shares (3.37% of the total 83,498,568 issued shares)
- Other Acquisitions: None
- Board Resolution and Other Details
- Board Resolution Date: September 26, 2025
- Attendance of Outside Directors: 3 present / 0 absent
- Attendance of Audit Committee: –
- Dilution Effect: The scheduled disposal volume accounts for 0.09% of total issued shares and involves direct account transfers to recipients rather than open market selling, resulting in an expected negligible dilution effect on stock value.
- 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 Completion of Treasury Stock Disposal and Verification of Remaining Holdings
This disposal of treasury stock involves transferring company-held shares directly to recipient accounts for employee compensation (RSU and stock options). Verifying whether the planned 76,617 shares are fully distributed without variations caused by employee turnover during the disposal period (September 29, 2025 – October 30, 2025) is important for confirming the completion of equity compensation and tracking changes in remaining 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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