Sony Group (TYO:6758) will grant a total of up to 2.8 million restricted stock units (RSUs) to its executives and employees, as well as to those of its subsidiaries, under its stock compensation plan, according to a Tokyo bourse filing on Wednesday.
The grants are divided across four series, with vesting periods ranging from three to nine years, depending on the recipient's role and tenure.
The 13th series will be granted to Sony directors, while the 14th to 16th series cover corporate executives, officers, and employees across the group.
Shares will be delivered after the RSUs vest, with conditions varying by series. RSUs will be forfeited in certain cases, such as criminal penalties or bankruptcy.
Delivery will be made via treasury shares, with adjustments for stock splits or consolidations.
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