JOYWORKS&Co Vice President Lee Mun-gi Increases Stake by 24,000 Shares via 1:3 Stock Dividend, Ownership Ratio Slightly Up, No Change in Shareholder Value
Vice President Lee Mun-gi of JOYWORKS&Co increased his shareholding from 8,000 to 32,000 shares (up 24,000 shares) due to a 1:3 stock dividend on May 28, 2026, with his ownership ratio rising from 0.16% to 0.17%.
The stock dividend grants new shares to existing shareholders without additional cash, increasing total shares outstanding without diluting per-share value or altering enterprise value.
New shares are scheduled for delivery on June 22, 2026, bringing total outstanding shares to 19,258,502, which may lead to a short-term price adjustment due to the increased share count.
[AI Summary]This disclosure is a routine report of an executive's share change due to a stock dividend, which is neutral for shareholder value and does not constitute a significant event for investors.
KOSDAQ Filing Information
Filing: Report on Ownership of Specific Securities by Executives and Major Shareholders