Samsung Electronics Announces Decision to Dispose of Treasury Shares for Employee Incentives (4,690 Common Shares)

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DART Filing Β· Auto-translated

πŸ“… Filing Date: October 29, 2026 | πŸ”— Original Source: DART (Samsung Electronics)

πŸ“Œ Key Filing Highlights

  • Event Type: Disposal of Treasury Shares (Common Stock) to employees as performance incentives.
  • Total Disposal Amount: 1,134,980,000 KRW (~$851,559 USD based on 1334 KRW/USD) for 4,690 shares.
  • Execution Date: October 30, 2026.
  • Recipients: 29 executives and employees who achieved specific development project goals.

Filing Overview and Core Decision

On October 29, 2026, Samsung Electronics officially reported its decision to dispose of a portion of its treasury shares. The Board of Directors approved the transfer of 4,690 shares of Common Stock to 29 eligible executives and employees. This action is part of a previously announced incentive program (originally disclosed on October 30, 2025) to reward personnel who successfully achieved targets for specific development projects. The shares will be transferred directly from the company’s treasury account to the individual accounts of the recipients.

Detailed Filing Terms and Specifications

Metric Details
Shares to be Disposed 4,690 Common Shares
Price per Share 242,000 KRW (~$181.41 USD)
Total Estimated Value 1,134,980,000 KRW (~$851,559 USD)
Disposal Period October 30, 2026 (Single Day)
Disposal Method Other (Direct transfer from treasury account to individual accounts)
Counterparties 29 Executives and Employees
Brokerage Firms Samsung Securities, Shinhan Securities, KB Securities
Treasury Holdings (Pre-disposal) 136,727,099 Common Shares (2.3% of total)
Dilution Effect 0.00008% of total issued shares (Negligible)

Operational Purpose and Company Rationale

The company stated that the purpose of this disposal is to provide performance incentives to development personnel who have achieved the goals of specific projects, thereby encouraging achievement and providing motivation. This specific issuance represents the remaining balance of the incentive quantity agreed upon in the decision and disclosure made on October 30, 2025. The price was determined based on the closing price of the Korea Exchange on October 28, 2026, the day preceding the board resolution.

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