ITM Semiconductor Corrects Stock Option Grant Due to Resignations, Slightly Reducing Total Grants to 169,000 Shares with Limited Impact on Stock Price

On June 22, 2026, ITM Semiconductor filed a correction to its stock option grant disclosure, reducing the number of grantees from 43 to 41 and the number of granted shares from 75,500 to 72,000 due to resignations.
After the correction, total outstanding options decreased from 175,500 to 169,000 shares, representing approximately 0.75% of total outstanding shares of 22,682,934, indicating minimal dilution risk.
The exercise price of 36,200 won significantly exceeds the current stock price of 10,130 won, making exercise unlikely and limiting the impact on the stock price.
[AI Summary]ITM Semiconductor's correction to its stock option grant is a minor adjustment due to cancellations for resignations, with total grants below 1% of outstanding shares, posing no dilution concern. The exercise price being above the current price means no additional downside risk for shareholders.