"Executives Holding Samsung Electronics and SK hynix Shares Hit the Jackpot"...Top Returns Exceed 400%

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\r\n[Financial News] As Samsung Electronics and SK hynix shares have recently rallied, the return on treasury shares held by executives at the two companies has reportedly ranged from at least 180% to as much as 400%.
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\r\nAccording to a report by Korea Economic TV on the 1st, the market value of treasury shares held by key registered executives at Samsung Electronics and SK hynix totaled 101.2 billion won. Based on disclosures in the Financial Supervisory Service (FSS)'s Data Analysis, Retrieval and Transfer System (DART), the outlet analyzed the shareholdings of three Samsung Electronics registered executives at the president level or higher and two SK hynix registered executives over the past 10 years.
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\r\nThe analysis found that Samsung Electronics executives benefited mainly from steadily buying treasury shares when the stock price was low, while SK hynix executives saw gains largely from acquiring shares through stock options.
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\r\nThe executive with the largest valuation was Noh-Jung Kwak, CEO of SK hynix. He held 14,312 shares. Based on the closing price on the 29th, 2.333 million won, the shares were worth 33.39 billion won. With an average purchase price, converted from the acquisition cost to the closing price on the acquisition date, of about 680,000 won, the unrealized gain came to 23.6 billion won and the return stood at 241%. He also recorded the largest absolute gain. The highest return rate belonged to Cha Sun-yong, president of SK hynix, at more than 400%. His 6,834 shares had an average purchase price of about 430,000 won, and their market value reached 15.9 billion won, leaving a gain of 13 billion won.
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\r\nIn this regard, stock option exercises on the 6th of last month had the biggest impact on the two executives' returns. At the time, when the stock price was 886,000 won, Kwak and Cha are said to have exercised stock options for 2,329 shares each at 138,980 won per share.
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\r\nAt Samsung Electronics, the valuation of Roh Tae-moon, CEO and head of the Device eXperience Division (DX Division), exceeded 30 billion won at 31.2 billion won. Roh is said to have personally bought 28,000 shares in 2021-2024, when Samsung Electronics shares traded between 60,000 won and 81,700 won, as part of his commitment to responsible management. The average purchase price for those shares was about 71,000 won, which means an unrealized gain of about four times, or 347%, compared with the closing price on the 29th, 317,000 won. If the remaining roughly 70,000 shares he received as bonuses last year and this year are included, with an average purchase price of 126,000 won, the return falls to the 180% range.
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\r\nMeanwhile, Jun Young-hyun, CEO and head of the Device Solutions Division (DS Division) at Samsung Electronics, and Kim Yong-kwan, head of DS Division management strategy, held 32,787 shares and 32,158 shares, respectively. Their valuations were estimated at 10.4 billion won and 10.2 billion won, respectively. Their returns were 182% and 241%, respectively.
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hsg@fnnews.com Han Seung-gon Reporter