SBB’s Management Buys Stock Options Under New Incentive Plan

Embattled landlord SBB could issue up to 4.8 million new class B shares in 2027 after top management rolled out a new incentive program using stock options.

Executives at Samhallsbyggnadsbolaget i Norden AB — as the company is formally known — last week bought about 4.8 million warrants in SBB, a single one of which gives the holder the right to subscribe to one new Class B share in the Swedish real estate group, according to a regulatory filing with Sweden’s financial watchdog.

SBB’s incentive program was approved at an extraordinary general meeting in March. The rationale for the plan ...