Chairman Lee Sang-woo Increases Stake via Open Market Purchase But Ownership Percentage Dips Due to Conversion-Linked Share Dilution

Lee Sang-woo, registered executive and de facto controlling shareholder of Nuriplan, purchased an additional 48,658 common shares at 1,971 KRW per share through open market on July 10, 2026.
While his total holdings increased from 3,752,104 to 3,800,762 shares, the ownership percentage dropped from 26.05% to 25.18% due to an increase in total outstanding shares from conversion requests.
The insider purchase signals confidence, but the dilution from conversion rights requires monitoring.
[AI Summary]This report shows the largest shareholder increasing his stake via open market purchase, but his ownership percentage fell due to conversion-driven share count growth. Potential dilution from convertible instruments remains a risk factor for existing shareholders.