MUFG (MBFJF) officer details stock compensation plan points and share holdings

Rhea-AI Filing Summary

MITSUBISHI UFJ FINANCIAL GROUP INC officer Ihara Takafumi has filed an initial ownership report detailing equity-based compensation holdings. As of March 18, 2026, he holds 52,120 shares of common stock and multiple blocks of stock compensation plan points that each may convert into one common share under the issuer’s stock compensation plan.

The points include non-adjustable and performance-based awards tied to service and performance periods through June 2026 and to the issuer’s three-year medium-term business plan ending March 31, 2027. Upon retirement or plan milestones, a trust will deliver value using a mix of pre-arranged open market sales in Japan and share delivery, subject to clawback and forfeiture conditions.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Ihara Takafumi

(Last) (First) (Middle)

4-5, MARUNOUCHI 1-CHOME, CHIYODA-KU

(Street)

TOKYO JAPAN 100-8330

(City) (State) (Zip)

JAPAN

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
MITSUBISHI UFJ FINANCIAL GROUP INC [ MUFG ]

3a. Foreign Trading Symbol
[8306 (TSE)]

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	See Remarks

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	52,120	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Compensation Plan Points(1)	(1)	(1)	Common Stock	93,378	(1)	D
Stock Compensation Plan Points(2)	(2)	(2)	Common Stock	1,578	(2)	D
Stock Compensation Plan Points(3)(4)(5)	(3)(4)	(3)(4)	Common Stock	5,432	(3)(4)	D

Explanation of Responses:

1. Represents the aggregate non-adjustable points held by the reporting person as of March 18, 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.

2. 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.

3. Represents the aggregate annual performance-based points held by the reporting person as of March 18, 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.

4. (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.

5. 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.

Remarks:

Senior Managing Corporate Executive This statement on Form 3 is filed upon effectiveness of the U.S. Holding Foreign Insiders Accountable Act. Exhibit 24 - Power of Attorney

	/s/ Kazutaka Kato, by Power of Attorney	03/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

FAQ

What does the MUFG (MBFJF) Form 3 filing for Ihara Takafumi show?

The Form 3 shows Ihara Takafumi’s initial ownership in MUFG, including 52,120 common shares and several stock compensation plan point awards. These points can convert one-for-one into common stock under defined service and performance conditions with potential pre-arranged open market sales in Japan.

How many MUFG common shares does Ihara Takafumi directly hold on this Form 3?

The filing reports that Ihara Takafumi directly holds 52,120 MUFG common shares as of March 18, 2026. This is separate from his stock compensation plan points, which represent potential future share deliveries subject to retirement, performance periods, and clawback provisions.

What are MUFG stock compensation plan points reported for Ihara Takafumi?

The points are under MUFG’s stock compensation plan, each generally exchangeable for one common share. They include non-adjustable, annual performance-based, and medium-term performance-based points, all subject to clawback, forfeiture for cause, and conversion only after specified service or business plan periods.

How will MUFG deliver value from the stock compensation plan points to Ihara Takafumi?

Before delivery, shares for the points are held in a board incentive plan trust. On specified dates, 50% of those shares will be sold via pre-arranged open market sales in Japan, and cash proceeds plus the remaining 50% in shares will be delivered to him.

What performance periods affect Ihara Takafumi’s MUFG performance-based points?

Annual performance-based points relate to service periods such as July 2024–June 2025 and July 2025–June 2026, while medium-term performance-based points depend on MUFG’s three-year medium-term business plan period ending March 31, 2027. These points can be adjusted from 0% to 150% based on performance.

Are Ihara Takafumi’s MUFG stock compensation points already fixed in amount?

Some amounts are fixed as of March 18, 2026, including non-adjustable and certain annual performance-based points. Additional annual and medium-term performance-based points will be determined later, with adjustments between 0% and 150% based on performance over the defined business plan periods.