MUFG (OTC: MBFJF) executive details stock and incentive plan points
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
MITSUBISHI UFJ FINANCIAL GROUP INC managing corporate executive Tadashi Yamamoto filed an initial statement of beneficial ownership. The filing shows direct holdings of 37,400 shares of Common Stock.
Yamamoto also holds stock compensation plan points that are exchangeable on a one-for-one basis into Common Stock. These include non-adjustable points and performance-based points representing 115,027, 11,803 and 3,853 underlying shares, subject to clawback and forfeiture for cause. For these plans, shares are held in a board incentive plan trust, with 50% to be sold through pre-arranged open market sales in Japan at set delivery dates tied to retirement or the issuer’s medium-term business plan period ending on March 31, 2027, and the remainder delivered in shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Yamamoto Tadashi
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 — 115,027 shares (Direct);
Common Stock — 37,400 shares (Direct)
Footnotes (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. 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 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. (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.
FAQ
What does Tadashi Yamamoto’s Form 3 filing for MITSUBISHI UFJ (MBFJF) show?
The Form 3 shows Tadashi Yamamoto’s initial beneficial ownership in MITSUBISHI UFJ. He directly holds 37,400 Common Stock shares and multiple stock compensation plan points that can each convert into one share under specified retirement and performance conditions.
What are the stock compensation plan points reported by Yamamoto at MITSUBISHI UFJ (MBFJF)?
The filing lists stock compensation plan points that are exchangeable one-for-one into common shares. These include non-adjustable and performance-based points tied to service and performance periods, representing 115,027, 11,803 and 3,853 underlying shares, subject to clawback and forfeiture for cause.
When can Yamamoto’s non-adjustable stock compensation points at MITSUBISHI UFJ convert to shares?
Non-adjustable points become exchangeable for common shares following Yamamoto’s retirement from the role on which the points were based. Before delivery, shares are held in a board incentive plan trust that will sell 50% through pre-arranged open market sales in Japan.
How are Yamamoto’s annual performance-based points at MITSUBISHI UFJ (MBFJF) structured?
Annual performance-based points were granted June 1, 2025 based on July 2024–June 2025 performance. Each point can convert into one common share after the issuer’s three-year medium-term business plan period ending March 31, 2027, with delivery split between cash from trust sales and remaining shares.
What are the medium-term performance-based points mentioned in Yamamoto’s MITSUBISHI UFJ Form 3?
Medium-term performance-based points depend on performance over the three-year medium-term business plan ending March 31, 2027. They are adjustable from 0% to 150% and, once fixed, will each be exchangeable into one common share under the same delivery terms as annual performance-based points.