[Edaily Reporter JAEMIN SONG ] SamsungElectronics’ executive team received a large block of company stock as part of their Long-Term Incentive (LTI) plan. Roh Tae-moon, CEO of SamsungElectronics and Head of the Device Experience (DX) Division, received shares worth approximately 5.7 billion won, while Jeon Young-hyun, CEO and Head of the Device Solutions (DS) Division (Vice Chairman), received shares worth approximately 2.6 billion won.

According to the Financial Supervisory Service’s electronic disclosure system on the 21st, SamsungElectronics distributed company stock to 928 individuals, including executives, under the LTI program. The shares distributed totaled 1,132,477 common shares.

CEO Noh received 22,678 shares of SamsungElectronics common stock. Based on the grant price of 254,500 won per share, this amounts to 5.77155 billion won. With this grant, CEO Noh’s holdings of SamsungElectronics stock increased from 98,557 shares to 121,235 shares.

Former Vice Chairman Jeon received 10,469 shares, worth approximately 2.66436 billion won. His total holdings also increased from 32,787 shares to 43,256 shares.

Vice Chairman Jeong Hyun-ho, who serves as an aide to SamsungElectronics Chairman Lee Jae-yong, received 13,419 shares. Based on the stock price at the time of the allocation, this amounts to approximately 3.41514 billion won. Kim Yong-kwan, President in charge of Business Strategy for the DS Division, received 9,990 shares worth approximately 2.54246 billion won, while Park Hak-kyu, President and Head of Business Support, received 9,819 shares worth approximately 2.49894 billion won.

Song Jae-hyuk, Chief Technology Officer (CTO) of the DS Division, received 7,649 shares, securing company stock worth approximately 1.94667 billion won. However, on the 16th—three days after receiving the shares—CTO Song sold 4,100 common shares at 268,000 won per share. The proceeds from the sale totaled approximately 1.0988 billion won. As a result, he currently holds 20,649 shares.

SamsungElectronics determines Long-Term Incentives (LTI) for executives who have been with the company for at least three years by evaluating their business performance over the previous three years, and distributes these incentives over the following three years. The payment amount is determined based on performance, ranging from 0% to 300% of the average annual salary.

Starting last year, SamsungElectronics revised its system to allow a portion of the LTI to be paid in company stock rather than cash, with the aim of strengthening executives’ accountability and encouraging long-term growth in corporate value. The intent is to align the interests of management and shareholders by linking performance-based compensation to the stock price.