Core Viewpoint - The company announced a restricted stock unit incentive plan approved by the shareholders' meeting on December 4, 2025, involving the grant of a total of 1.162 million restricted stock units to employee participants [1] Group 1 - The board of directors resolved to grant a total of 1.162 million restricted stock units to employees of the company and its subsidiaries [1] - The restricted stock units will be purchased from the secondary market to satisfy the plan [1] - The purchases will be directed by the board of directors and/or authorized persons under reasonable circumstances [1]

Group 1 - The company announced the vesting of restricted stock units on November 13, 2025, under a new settlement plan, resulting in the issuance of 4,329 new ordinary shares [1] - On the same date, the company will also vest restricted stock units under a previous settlement plan, leading to the issuance of 789,900 new ordinary shares [1]

Group 1 - Citigroup announced the election of Jane Fraser as the Chair of the Board, marking a significant leadership change within the company [1] - The Board granted Fraser a one-time equity award, which includes restricted stock units valued at $25 million and 1.055 million stock options [1] - John Dugan, who has served as the Chair of the Board since 2019, will transition to the role of Lead Independent Director [1]

Core Viewpoint - Semiconductor Manufacturing International Corporation (SMIC) announced the issuance of ordinary shares due to the exercise of restricted stock units by non-directors under two different stock incentive plans [1] Group 1: Stock Incentive Plans - On October 10, 2025, SMIC will issue 9,296 ordinary shares as a result of non-directors exercising restricted stock units granted under the 2014 Share Award Plan, which was adopted on June 13, 2013 [1] - On the same date, SMIC will also issue 81,100 ordinary shares due to the exercise of restricted stock units granted under the 2024 Share Award Plan, which was adopted on June 28, 2023 [1]

Core Points - The article emphasizes the importance of Equity Incentive Plans (EIPs) in attracting and retaining key talent during the Nasdaq IPO process, balancing compliance, tax optimization, and shareholder interests [2][5] Group 1: Types of Incentive Tools - Common equity incentive tools for Nasdaq-listed companies include Stock Options, Restricted Stock Units (RSUs), Restricted Stock (RS), and Employee Stock Purchase Plans (ESPP) [2][4] Group 2: Grant Recipients and Eligibility - The core recipients of equity incentives typically include executives, key employees, critical technical personnel, and directors, with specific eligibility criteria [4][5] Group 3: Pricing and Fair Value - Incentive Stock Options (ISOs) must have an exercise price at or above the fair market value on the grant date, while Non-Qualified Stock Options (NSOs) do not have such restrictions [4] Group 4: Vesting and Performance Conditions - The most common vesting schedule is "4-year vesting with a 1-year cliff," and some plans may include performance milestones linked to the IPO or financial metrics [4][5] Group 5: Disclosure Requirements - The S-1 filing must disclose the overall framework of the equity incentive plan, including types, sizes, and remaining option pool [5] Group 6: Tax Treatment - ISOs allow for capital gains tax benefits if holding period requirements are met, while NSOs and RSUs are taxed as ordinary income upon exercise or vesting [5] Group 7: Lock-Up Period and Trading Restrictions - Typically, there is a 180-day lock-up period for founders and executives post-IPO, during which they cannot transfer shares [5] Group 8: Dilution and Shareholder Interests - Companies usually reserve 10%-20% of the option pool pre-IPO to avoid frequent dilution of existing shareholders [5] Group 9: Compliance and Risk Mitigation - Nasdaq rules require that equity incentive plans be approved by the compensation committee, ensuring proper governance and compliance with SEC regulations [5]

Core Viewpoint - The company, Shangmei Co., Ltd. (stock code: 02145), announced the grant of a total of 51,100 restricted stock units to five grantees under its restricted stock unit incentive plan, representing 0.01% of the total issued shares as of the announcement date [1] Summary by Category - **Company Announcement** - Shangmei Co., Ltd. will grant 51,100 restricted stock units to five individuals [1] - The granted units correspond to 51,100 shares, which is 0.01% of the total issued shares as of the announcement date [1]