MUFG (NYSE: MUFG) executive details stock awards and share holdings in Form 3
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
MITSUBISHI UFJ FINANCIAL GROUP INC executive Tokuma Kensuke filed an initial ownership report showing holdings in stock-based compensation and common stock. He directly holds 15,200 shares of common stock and stock compensation plan points representing 38,849, 8,513 and 1,662 underlying shares of common stock. These points can convert one-for-one into common stock after specified service and performance periods, with deliveries partly in cash and partly in shares through a board incentive plan trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Tokuma Kensuke
Role
Managing Corporate Executive
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Compensation Plan Points | -- | -- | -- |
| holding | Stock Compensation Plan Points | -- | -- | -- |
| holding | Stock Compensation Plan Points | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Compensation Plan Points — 38,849 shares (Direct);
Common Stock — 15,200 shares (Direct)
Footnotes (1)
- Represents the aggregate non-adjustable points held by the reporting person as of April 1, 2026 under the Issuer's stock compensation plan (the "Plan"). Subject to clawback and forfeiture for cause, each non-adjustable point held under the Plan will be exchangeable for one share of the Issuer's common stock following the reporting person's retirement from the position with responsibilities based on which the points were granted. Prior to delivery, the shares to be exchanged for the received points are held by a board incentive plan trust, and 50% of such shares will be sold by the trust through pre-arranged open market sale in Japan in accordance with the Plan on a specific date following the reporting person's retirement from the relevant position. Net proceeds from such sale in cash, together with the remaining 50% in shares, will be delivered to the reporting person. Represents the aggregate non-adjustable points that the reporting person is entitled to receive in equal monthly installments on the first day of each month during the reporting person's service period from the date hereof to June 2026. Represents the aggregate annual performance-based points held by the reporting person as of April 1, 2026. These annual performance-based points were granted on June 1, 2025, based on certain performance criteria applied during the reporting person's service period from July 2024 to June 2025 under the Plan. Subject to clawback and forfeiture for cause, each annual performance-based point received under the Plan will be exchangeable for one share of the Issuer's common stock following the end of the Issuer's current three-year medium-term business plan period ending on March 31, 2027. Prior to delivery, the shares to be exchanged for the received points are held by a board incentive plan trust, and 50% of such shares will be sold by the trust through pre-arranged open market sale in Japan in accordance with the Plan on the tenth business day in June 2027. Net proceeds from such sale in cash, together with the remaining 50% in shares, will be delivered to the reporting person. (Continued from footnote 3) Separate from the reported amounts, the reporting person is entitled to additional annual performance-based points based on the reporting person's performance during the service period from July 2025 to June 2026. Those annual performance points are subject to an adjustment ranging from 0% to 150% and will be determined and fixed in June 2026 and, subject to clawback and forfeiture for cause, will also be exchangeable into shares of the Issuer's common stock on a one for one basis following the end of the Issuer's current three-year medium-term business plan period ending on March 31, 2027 and delivered based on the same delivery terms as other annual performance-based points. In addition to the non-adjustable points and annual performance-based points, the reporting person is entitled to medium-term performance-based points based on the reporting person's performance during the Issuer's current three-year medium-term business plan period ending March 31, 2027. These points are subject to an adjustment ranging from 0% to 150% and will be determined and fixed following the end of the Issuer's current three-year medium-term business plan period ending on March 31, 2027. Subject to clawback and forfeiture for cause, these medium-term performance-based points will also be exchangeable into shares of the Issuer's common stock on a one for one basis following the end of the Issuer's current three-year medium-term business plan period ending on March 31, 2027 and delivered based on the same delivery terms as annual performance-based points.
Key Figures
Non-adjustable points underlying shares: 38,849 shares
Additional plan points underlying shares: 8,513 shares
Additional plan points underlying shares: 1,662 shares
+5 more
8 metrics
Non-adjustable points underlying shares
38,849 shares
Underlying MUFG common stock for one stock compensation plan block
Additional plan points underlying shares
8,513 shares
Underlying MUFG common stock for a second plan points block
Additional plan points underlying shares
1,662 shares
Underlying MUFG common stock for a third plan points block
Direct common stock holding
15,200 shares
MUFG common stock held directly by Tokuma Kensuke
Performance adjustment range
0%–150%
Adjustment range for certain annual and medium-term performance-based points
Medium-term plan end date
March 31, 2027
End of MUFG’s current three-year medium-term business plan period
Grant date for annual performance points
June 1, 2025
Grant date for annual performance-based points tied to July 2024–June 2025 service
Scheduled sale date
Tenth business day in June 2027
Date when 50% of certain shares will be sold by the trust in Japan
Key Terms
stock compensation plan, annual performance-based points, medium-term business plan period, board incentive plan trust, +1 more
5 terms
stock compensation plan financial
"under the Issuer's stock compensation plan (the "Plan")."
annual performance-based points financial
"Represents the aggregate annual performance-based points held by the reporting person"
medium-term business plan period financial
"the Issuer's current three-year medium-term business plan period ending on March 31, 2027."
board incentive plan trust financial
"shares to be exchanged for the received points are held by a board incentive plan trust"
clawback and forfeiture for cause financial
"Subject to clawback and forfeiture for cause, each non-adjustable point"
FAQ
What does the MUFG (MUFG) Form 3 filing by Tokuma Kensuke show?
The Form 3 shows Tokuma Kensuke’s initial ownership in MUFG securities. He holds 15,200 common shares and several blocks of stock compensation plan points that can convert into common stock after service and performance conditions, reflecting his incentive-based alignment with company performance.
What are MUFG stock compensation plan points reported on this Form 3?
Stock compensation plan points are awards that can be exchanged one-for-one for MUFG common shares. The filing lists non-adjustable, annual performance-based and medium-term performance-based points, each tied to service or performance periods and subject to clawback and forfeiture for cause before conversion and delivery.
When can MUFG annual performance-based points be exchanged into common stock?
Annual performance-based points can be exchanged for MUFG common stock after the issuer’s current three-year medium-term business plan period ending on March 31, 2027. These points are based on performance criteria and are subject to adjustment between 0% and 150% and to clawback and forfeiture for cause.