UTI CEO Park Deokyoung Plans to Gift 700,000 Shares to Company, Reducing Stake from 16.83% to 13.29%
According to the report on transaction plan for specific securities by executives and major shareholders, UTI CEO Park Deokyoung plans to gift 700,000 common shares to the company on August 6, 2026, at a gift price of 4,510 KRW per share based on the previous closing price, totaling approximately 3.157 billion KRW.
After the gift, Park's stake will decrease from 16.83% to 13.29%, a reduction of 3.54 percentage points, reflecting his commitment to management stabilization.
The company is the recipient of the gift, so this transaction involves a direct transfer of shares to the company without new issuance, altering the capital structure.
[AI Summary]CEO Park Deokyoung's plan to gift 700,000 shares to the company aims at management stabilization through stake reduction, with no dilution from new shares, which could be positive for existing shareholders. However, the impact depends on the future use of the donated shares.
KOSDAQ Filing Information
Report On Transaction Plan Of Specific Securities By Executives And Major Shareholders