MUFG (MBFJF) CEO reports stock compensation plan points and share holdings

Rhea-AI Filing Summary

MITSUBISHI UFJ FINANCIAL GROUP INC President & Group CEO Hironori Kamezawa filed an initial insider report detailing his equity interests. He directly holds 247,339 shares of common stock and several categories of stock compensation plan points tied to future share delivery.

The filing shows 437,429 non-adjustable points, 2,658 non-adjustable points scheduled in equal monthly installments through June 2026, and 20,808 annual performance-based points granted on June 1, 2025. These points are generally exchangeable on a one-for-one basis into common stock after retirement or after the medium-term business plan period ending on March 31, 2027, with 50% of related shares sold by a board incentive trust in pre-arranged open-market sales in Japan and the remainder delivered as cash and shares, all subject to clawback and forfeiture for cause.

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^*

KAMEZAWA HIRONORI

(Last) (First) (Middle)

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

(Street)

TOKYO 100-8330

(City) (State) (Zip)

UNITED STATES

(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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President & Group CEO

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	247,339	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	437,429	(1)	D
Stock Compensation Plan Points(2)	(2)	(2)	Common Stock	2,658	(2)	D
Stock Compensation Plan Points(3)(4)(5)	(3)(4)	(3)(4)	Common Stock	20,808	(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:

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 report for Hironori Kamezawa?

The Form 3 reports Hironori Kamezawa’s existing equity interests in MUFG, including common stock and stock compensation plan points. It establishes his baseline holdings as President & Group CEO, rather than describing new market transactions or changes in ownership.

How many MUFG (MBFJF) common shares does Hironori Kamezawa hold directly?

Hironori Kamezawa directly holds 247,339 MUFG common shares according to the filing. This direct ownership sits alongside multiple categories of stock compensation plan points that may convert into additional shares in the future under specified plan conditions.

What are MUFG (MBFJF) non-adjustable stock compensation plan points in this filing?

Non-adjustable points represent rights under MUFG’s stock compensation plan that can convert one-for-one into common shares after retirement. The filing shows 437,429 such points plus 2,658 additional non-adjustable points to be received monthly through June 2026, all subject to clawback and forfeiture for cause.

How do MUFG (MBFJF) performance-based points convert into shares for the CEO?

Annual and medium-term performance-based points can convert one-for-one into MUFG common shares after the three-year medium-term business plan period ending March 31, 2027. Many of these points are subject to 0–150% adjustment, clawback, and forfeiture based on performance and plan terms.

What role does the board incentive plan trust play in MUFG (MBFJF) share delivery?

Shares corresponding to the CEO’s points are initially held by a board incentive plan trust. After retirement or specified future dates, the trust sells 50% of these shares in pre-arranged open-market sales in Japan, then delivers net cash plus the remaining 50% in shares to him.

Does the MUFG (MBFJF) Form 3 indicate insider buying or selling activity?

The Form 3 does not describe new buying or selling; it sets out Hironori Kamezawa’s existing holdings and stock compensation plan points. It functions as an initial ownership snapshot rather than a record of recent open-market trades or option exercises.