SILICON 2 Stock Option Grant Correction Reduces to 150,000 Shares Due to Resignation, Limited Dilution Impact on Shareholder Value
SILICON 2 filed a correction report on June 19, 2026 for its stock option grant, reducing the grant size from 200,000 shares to 150,000 shares due to a resignation of a grantee.
The exercise price of 45,261 KRW is above the current stock price of 33,800 KRW, making the options out-of-the-money; the 150,000 options represent only about 0.23% of total outstanding shares, implying minimal dilution risk.
The stock options are granted via new share issuance to incentivize long-term service of employees including unregistered executives, approved by the board of directors.
No separate shareholder return policies such as share buybacks or dividends were mentioned in this filing.
[AI Summary]The reduction in SILICON 2 stock option grant is a routine adjustment due to resignation, and the new grant amount is negligible relative to total shares, limiting dilution concerns. The out-of-the-money exercise price further lowers immediate shareholder value impact.
KOSDAQ Filing Information
[Correction of Description] Report on Grant of Stock Options