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[KNJ] Registered Executive Vice President Won Jong-hwa Exercises Stock Purchase Rights

A filing-based note on Vice President Won Jong-hwa's stock purchase rights exercise and shareholding change

Date: 2025-01-23 · Executive ownership change review · Naver Blog

Investment decisions are your own responsibility. This material is research and is not a buy or sell recommendation.

0. Bottom line first

KNJ registered executive Vice President Won Jong-hwa increased his holdings from 30,000 shares to 50,000 shares through a stock purchase rights exercise. The added amount was 20,000 shares, the acquisition price was KRW 4,000, and the acquisition funding was KRW 80 million.

Attached image related to KNJ Vice President Won Jong-hwa's stock purchase rights exercise

1. Executive profile

Official fact: Won Jong-hwa is a registered executive of KNJ and is described as heading the semiconductor process-parts business division. He is classified as a specially related party in the filing.

  • Date of birth: July 5, 1972
  • Residence: Buldang-dong, Cheonan-si, Chungnam
  • Current occupation: KNJ executive
Stock purchase rights exercise flowChange from holding to ownership
Before30,000 shares
Added20,000 shares × KRW 4,000
FundingKRW 80mn, existing cash
After50,000 shares · 0.62%
Exercise date: January 16, 2025

2. Shareholding status

ItemDetails
Holding before exercise30,000 shares
Holding after exercise50,000 shares
Additional shares20,000 shares
Acquisition priceKRW 4,000
Acquisition fundingKRW 80 million, funded from existing cash
Total ownership ratio0.62%

3. Exercise details and interpretation

Official fact: The exercise date was January 16, 2025. The method is described as a change in holding form through the exercise of stock purchase options, from holding to ownership.

Interpretation: This stock purchase rights exercise has the character of an incentive for long-term service and performance as a company executive. It can also be read as a signal that reflects a positive view of the company's future value.

4. Review points

  • This was not an open-market purchase; it was an increase in shares from exercising stock purchase rights.
  • The KRW 4,000 acquisition price and KRW 80 million funding amount are the key numbers for sizing the transaction.
  • The 0.62% ownership ratio is not large by itself, but the change is worth tracking because it involves a registered executive's economic interest.

Sources

Naver original