SG CORPORATION Adjusts Stock Option Terms Due to Stock Merger
SG CORPORATION filed a correction report for stock options granted in March 2023, adjusting the exercise price and number of shares due to a 10-to-1 stock consolidation effective April 15, 2026.
The number of option shares decreased from 1,900,000 to 190,000, the exercise price increased from 537 KRW to 5,370 KRW, and the fair value per option was adjusted from 265 KRW to 2,650 KRW.
This is a mechanical adjustment due to the stock merger with no change in the total economic value of the options, and the original grant purpose and terms remain intact.
[AI Summary]This disclosure represents a mandatory adjustment following a stock consolidation, with negligible dilution relative to total outstanding shares, making it neutral for share value. The existing management incentive structure remains unchanged, posing no negative or positive impact on investment decisions.
KOSPI Filing Information
Filing: [Correction of Description] Report on Grant of Stock Options