Sony Group Corp Files June 2024 6-K Report
Ticker: SNEJF · Form: 6-K · Filed: Jun 28, 2024 · CIK: 313838
Sentiment: neutral
Topics: regulatory-filing, 6-K
Related Tickers: SONY
TL;DR
Sony Group Corp filed its June 6-K, standard regulatory update.
AI Summary
Sony Group Corporation filed a Form 6-K on June 28, 2024, to report its activities for the month of June 2024. The filing was signed by Hiroki Totoki, President, Chief Operating Officer, and Chief Financial Officer. This report is filed pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934.
Why It Matters
This filing provides an update on Sony's regulatory reporting for June 2024, indicating ongoing compliance and transparency for investors.
Risk Assessment
Risk Level: low — This is a routine regulatory filing and does not contain new financial information or significant operational updates.
Key Players & Entities
- Sony Group Corporation (company) — Registrant
- Hiroki Totoki (person) — President, Chief Operating Officer and Chief Financial Officer
FAQ
What is the purpose of a Form 6-K filing?
A Form 6-K is a report of foreign private issuers that provides information which the issuer would be required to disclose to its security holders or make public pursuant to the laws of its home country or a foreign stock exchange on which it is listed.
Who signed this specific Form 6-K filing for Sony Group Corporation?
The filing was signed by Hiroki Totoki, who holds the positions of President, Chief Operating Officer, and Chief Financial Officer for Sony Group Corporation.
What period does this Form 6-K report cover?
This Form 6-K report is for the month of June 2024.
Under which rules is this report filed?
This report is filed pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934.
Does Sony Group Corporation file annual reports under Form 20-F?
Yes, the filing indicates that the registrant files annual reports under cover of Form 20-F.
Filing Stats: 2,627 words · 11 min read · ~9 pages · Grade level 20 · Accepted 2024-06-28 10:48:38
Filing Documents
- tm2418498d1_6k.htm (6-K) — 51KB
- 0001104659-24-076126.txt ( ) — 52KB
From the Filing
SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D. C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER Pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934 For the month of June 2024 Commission File Number: 001-06439 SONY GROUP CORPORATION (Translation of registrant’s name into English) 1-7-1 KONAN, MINATO-KU, TOKYO, 108-0075, JAPAN (Address of principal executive offices) The registrant files annual reports under cover of Form 20-F. Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F, Form 20-F Form 40-F SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. SONY GROUP CORPORATION (Registrant) By: /s/ Hiroki Totoki   (Signature) Hiroki Totoki President, Chief Operating Officer and Chief Financial Officer Date: June 28, 2024 List of Materials Documents attached hereto: i) Granting of Restricted Stock Units (“RSUs”) June 28, 2024 Sony Group Corporation Granting of Restricted Stock Units (“RSUs”) In June 2022, Sony Group Corporation (the “Corporation”) introduced a stock compensation plan under which shares of its common stock are delivered after the vesting of RSUs (the “Plan”), and today the Corporation announces that it has decided to grant RSUs to the directors, corporate executive officers and employees of the Corporation, and the directors, officers and employees of the subsidiaries of the Corporation (the “Recipients”) under the Plan, as follows. 1. Summary of Seventh Series RSUs (1) Designation of the Recipients, the number of Recipients and the number of RSUs to be granted Directors of the Corporation 8 persons (RSUs corresponding to a total of up to 9,920 shares) (2) Method of Vesting On the condition that the Recipient holds, throughout the period between the date of grant of the RSUs and the first day of the month following the month of the ninth anniversary of the date of grant (if such date falls on a holiday of the Corporation, the following business day), a position as a director of the Corporation, all RSUs held by the Recipient shall vest on the first day of the month following the month of the ninth anniversary of the date of grant (if such date falls on a holiday of the Corporation, the following business day); provided, however, if, before the vesting, the Recipient ceases to hold his or her position as a director of the Corporation (and if such Recipient is a U.S. taxpayer, the Recipient ceases to hold his or her position in a way that such loss of position constitutes a “separation from service” as defined under U.S. Treasury Regulation Section 1.409A-1(h)), due to his or her death or any other justifiable reason that is approved by the Compensation Committee (which shall be accepted by the Compensation Committee unless there is a special circumstance) at a certain time after the loss of such position with the Corporation as stated in Section 6. below, the outstanding RSUs at the time of the loss of such position shall vest and the same number of shares shall be delivered. 2. Summary of Eighth Series RSUs (1) Designation of the Recipients, the number of Recipients and the number of RSUs to be granted Corporate executive officers of the Corporation 6 persons (RSUs corresponding to a total of up to 170,300 shares) Employees of the Corporation 3 persons (RSUs corresponding to a total of up to 14,200 shares) Directors and any other officers of the subsidiaries of the Corporation 7 persons (RSUs corresponding to a total of up to 127,362 shares) Total 16 persons (RSUs corresponding to a total of up to 311,862 shares) (2) Method of Vesting On the condition that the Recipient holds, throughout the period between the date of grant of the RSUs and the first day of the month following the month of the third anniversary of the date of grant (if such date falls on a holiday of the Corporation, the following business day), a position as a director, a corporate executive officer and/or any other officer at, or an employee of, the Corporation and/or a Related Company of the Corporation (a “Related Company” means a “subsidiary ( kogaisha )” as defined in Article 8, Paragraph 3 of the Ordinance on the Terminology, Forms and Preparation Methods of Financial Statements, etc. or an “affiliated company ( kanren kaisha )” as defined in Paragraph 5 of such Article (hereinafter the same shall apply); and together with the Corporation, the “Group Companies”), all RSUs held by the Recipient shall vest on the first day of the month following the month of the third anniversary of the date of grant (if such date falls on a holiday of the Corporation, the following business day); provid