Fact Source: Financial Supervisory Service DART
💡 3-Second Summary
HPSP has decided to dispose of 4,290 treasury common shares (valued at approximately KRW 132.13M) via direct account transfer to fulfill its employee Restricted Stock Unit (RSU) compensation plan.
📊 [Key Disclosure Contents & Summary Metrics]
1. Shares and Amount to be Disposed
- Disclosure Type: Major Matters Report (Decision on Disposal of Treasury Stocks)
- Shares to be Disposed: 4,290 Common Shares
- Target Price per Share: KRW 30,800 (Closing price of the day prior to the Board resolution date)
- Estimated Total Amount: KRW 132,132,000 (Approximately KRW 132.13M)
2. Purpose and Disposal Period
- Purpose of Disposal: Granting treasury shares upon the exercise of the employee stock compensation plan (Restricted Stock Unit, RSU)
- Planned Disposal Period: March 1, 2025 – March 31, 2025
3. Method of Disposal
- Disposal Method: Other (Direct transfer from the company’s treasury account to eligible employees’ accounts, without brokerage services)
4. Treasury Stock Holdings Prior to Disposal & Board Decision
- Treasury Shares Held Before Disposal: 2,846,637 Common Shares (3.41% of total 83,498,568 outstanding shares)
- Decision Date (Board Resolution Date): February 13, 2025
- Outside Directors Attendance: 3 Present, 0 Absent
📝 Editor’s Comment (Key Follow-up Checkpoint)
📌 Execution of RSU-based Treasury Stock Disposal and Outstanding Shares Dynamics
This filing details the disposal of treasury shares to fulfill RSU-based employee stock compensation, which will be executed via direct share account transfers. Tracking whether the scheduled volume of shares is fully transferred to the eligible recipients during the planned period is important for understanding minor changes in share liquidity and verifying the proper execution of the company’s employee compensation policy. The actual disposal results can be confirmed in the subsequent “Treasury Stock Disposal Result Report” or under the “Status of Acquisition and Disposal of Treasury Stocks” section in future Regular Business Reports.
📢 Disclaimer and Source Information
Source: This content was structured and generated based on official submission data from the Financial Supervisory Service’s Data Analysis, Retrieval and Transfer System (DART).
Investment Risk Notice: 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 stocks. All investment decisions and financial liabilities rest entirely with the individual investor.
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