QuotaLab "Korea's First Stock-Linked Cash Reward Phantom Stock Management Service"

"Introducing and Managing Stock Compensation Plans, Solved at Once"

QuotaLab, an unlisted financial infrastructure company, announced on the 16th that it has recently launched Korea's first stock-linked cash reward Phantom Stock management service. This expands the service lineup following the existing Restricted Stock Units (RSU) and Stock Options.

On the same day, QuotaLab stated, "We plan to actively promote our domestic stock-based compensation management business-to-business (B2B) Software as a Service (SaaS) offering." They added, "As more companies and their employees adopt Phantom Stock, one of the recent stock compensation plans, the demand for systematic management has increased," explaining that "we developed a service to comprehensively monitor and manage stock-based compensation systems according to the company's requirements and characteristics."

Phantom Stock is a system that grants virtual shares rather than actual stocks or stock purchase rights. Companies grant employees stock appreciation rights, which entitle them to receive cash in the future based on the increase in the company's stock price over a specific period. Since these are virtual shares, the number of issued shares does not change, so there is no dilution of equity. It also does not affect stock price, capital policies, or voting rights at shareholders' meetings, making it a recently spotlighted stock-based compensation plan.

QuotaLab's Phantom Stock management service supports the entire process of virtual shares, including ▲grant history ▲planned grants ▲exercise management. Through this service, venture and startup companies can maximize operational efficiency and secure performance-driven compensation competitiveness, thereby enhancing corporate value in the mid to long term. This is because complex matters required at each stage from virtual share granting to exercise can be comprehensively managed according to the company’s needs.

In particular, the service supports functions such as notifying exercise candidates, automatic document form generation, and electronic signatures. With the value simulation feature, users can also check the value of virtual shares at the current time compared to the initial grant based on the set per-share price. Employees can immediately view their virtual share holdings on the screen and exercise their rights.

Choi Dong-hyun, CEO of QuotaLab, said, "In the recent challenging investment environment, activating stock-based compensation plans is essential to attract top talent." He added, "We will quickly respond to various forms of stock-based compensation plans according to corporate demand and trends and continue to advance our services."