Sony Group Corporation filed a Form 6-K on October 30, 2026, announcing the introduction of a new stock compensation plan based on Performance Share Units (PSUs) for directors, officers, and employees across the Sony Group.

Key Highlights

  • New plan approved: The Compensation Committee resolved at its October 30, 2026 meeting to introduce a PSU-based stock compensation plan.
  • Recipients: The plan covers directors (excluding outside directors), corporate executive officers, other officers, and employees of Sony Group Corporation and its subsidiaries.
  • Performance multiplier: The number of shares delivered will be determined by multiplying granted units by an achievement factor ranging from 0% to 200% based on performance conditions, including Total Shareholder Return.
  • Evaluation period: Each PSU grant covers a three-year Performance Evaluation Period consisting of three fiscal years commencing from the first day of the fiscal year in which the grant date falls.
  • Transition from stock options: According to the filing, the corporation plans to transition from granting stock options using stock acquisition rights to granting PSUs, while continuing to grant RSUs.
  • Share delivery method: Shares will be delivered by issuing new shares or transferring treasury stock, priced based on the closing price on the Tokyo Stock Exchange on the trading day immediately preceding the decision date.

Sony Group Replaces Stock Options With PSUs in Compensation Overhaul

According to the Form 6-K filed with the U.S. Securities and Exchange Commission and signed by Chief Financial Officer Lin Tao, Sony Group Corporation (NYSE:SONY) disclosed the introduction of a Performance Share Unit plan at its Compensation Committee meeting on October 30, 2026. The filing states that the purpose of the plan is to give recipients "an incentive to contribute towards the improvement of the business performance of the Sony Group" by aligning their economic interests more closely with the corporation's performance.

Under the plan as described in the filing, the corporation will grant each recipient a predetermined number of units. After a three-year Performance Evaluation Period, shares of common stock will be delivered in a quantity equal to the granted units multiplied by an achievement factor of between 0% and 200%, determined by performance conditions set out in the PSU Regulations, including the corporation's Total Shareholder Return. Recipients must, in principle, continuously hold a qualifying position at a Group Company throughout the Performance Evaluation Period in order to vest.

The filing also describes provisions for corporate events. If a merger, share exchange, share transfer, or other reorganization is approved, the corporation may deliver shares, money, or shares of the counterparty in an amount reasonably determined based on the elapsed time since the grant date and other factors, as resolved by the Compensation Committee or the Representative Corporate Executive Officer. Adjustments to share counts are also permitted in the event of a stock split or stock consolidation, based on the applicable ratio.

What Was Disclosed

Sony Group Corporation disclosed the introduction of a PSU stock compensation plan for Sony Group directors, officers, and employees, approved by the Compensation Committee on October 30, 2026, replacing the prior stock option program while retaining RSU grants.