Nissan Motor Co (JP:7201) has released an update.
Nissan Motor Co., Ltd. has announced the grant of restricted stock units (RSUs) to select officers and employees as part of their stock-based compensation plan aimed at aligning their interests with shareholders and motivating them to enhance corporate value. The RSUs, totaling up to 4,610,000 shares, will vest over three years, with provisions including a malus and clawback policy to improve corporate governance. Additionally, the company has filed a Shelf Registration Statement for the disposal of treasury stock in relation to the plan.
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