ZOZO (JP:3092) has released an update.
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ZOZO, Inc. has announced the disposal of treasury stocks as part of a performance-linked restricted stock compensation plan for executive officers, aimed at incentivizing long-term corporate value enhancement and aligning management interests with those of shareholders. A total of 14,100 shares will be disposed of at a price of 3,971 yen per share, with the disposal period set from July 12 to July 25, 2024. Restrictions on share transfers will be in place until July 17, 2026, with release conditions based on continuous service and achievement of performance targets.
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