HYBE will transfer 24,420 of its own common shares to 28 people between September 1 and November 25 — one registered executive (3,350 shares), one unregistered executive (1,202), two affiliate executives (11,879) and 24 employees (7,989) — worth ₩4.26bn at the ₩174,600 close on August 24. The recipients are those who met the vesting conditions of the company's share-based compensation plan, and the shares move directly from HYBE's treasury account into their brokerage accounts. Dilution is 0.06% of shares outstanding. The origin matters more than the payout: the board resolved on February 12 and again on May 19 that HYBE's largest shareholder would give the company 738,246 of his own HYBE shares for no consideration, on condition they be used to reward staff at HYBE and its affiliates. That gift has completed, and these 24,420 shares come out of it. HYBE held 712,974 treasury shares before this, 619,137 of them from the gift.