[Form 3] MITSUBISHI UFJ FINANCIAL GROUP INC Initial Statement of Beneficial Ownership
Rhea-AI Filing Summary
Mitsubishi UFJ Financial Group director Yasuda Takayuki reports initial equity holdings, including common stock and stock compensation plan points. The filing shows direct ownership of 130,200 shares of common stock. In addition, he holds 28,719 non-adjustable points and 6,079 annual performance-based points under the issuer's stock compensation plan, each generally exchangeable one-for-one into common shares under specified conditions.
The non-adjustable points become exchangeable for common stock after he retires from the role tied to the grant, with shares held in a board incentive plan trust until delivery. Upon delivery, 50% of those shares will be sold by the trust through pre-arranged open market sales in Japan, and the cash proceeds plus the remaining 50% in shares will be delivered to him.
The annual performance-based points were granted on June 1, 2025, based on performance from July 2024 to June 2025, and are exchangeable into common shares after the issuer's current three-year medium-term business plan ends on March 31, 2027, with similar trust arrangements and scheduled sales on the tenth business day in June 2027. The notes also describe potential additional annual and medium-term performance-based points, subject to 0%–150% adjustment and the same exchange and delivery framework.
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