Waton Financial Ltd (WTF) AI Dilution Summary

Dilution here is driven primarily by equity-plan awards, which account for all 803,196 potential new shares, equal to 1.7% of the 48,237,472 shares outstanding. The award terms fix the number of shares underlying these restricted share units at grant, so the number issuable does not move with the market price. No instrument in the stated structure is price-linked.