SOLUM CEO Seongho Jeon Marginally Increases Stake via Open Market Purchases

Seongho Jeon, CEO and de facto controlling shareholder of SOLUM CO., LTD., purchased an additional 20,928 common shares on the open market on June 25 and 26, 2026.
As a result, his ownership of specific securities rose from 15.20% to 15.24%, an increase of 0.04 percentage points, while the equity stake based on common shares increased from 13.29% to 13.33%.
The purchase prices were 16,906 KRW and 16,259 KRW per share, totaling approximately 350 million KRW, representing a slight premium to the current market price of 15,980 KRW.
The report also includes 1,047,302 call options on the company's common stock, which are derivative instruments and not actual equity ownership.
[AI Summary]The CEO's small open-market purchase is a mildly positive signal of management confidence, but the negligible scale limits any material impact on stock price. The call options represent potential future dilution if exercised, but the current risk is low.