STOCK TITAN
  1. Home
  2. Sec-filings
  3. MUFG
  4. [Form 3] MITSUBISHI UFJ FINANCIAL GROUP INC Initial Statement of Beneficial Ownership

MUFG (NYSE: MUFG) executive discloses stock and performance plan points

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
3

Rhea-AI Filing Summary

Mitsubishi UFJ Financial Group Managing Corporate Executive Takayuki Sakurai filed an initial ownership report showing direct holdings of common stock and stock-based incentive points. He holds 61,300 shares of common stock directly.

He also holds non-adjustable and performance-based points under MUFG’s stock compensation plan, each generally exchangeable on a one-for-one basis into common shares at an exercise price of 0. As of April 1, 2026, these include 1,674 non-adjustable points already held, 966 non-adjustable points to be received in monthly installments through June 2026, and 2,034 annual performance-based points granted in June 2025.

According to the plan, shares corresponding to these points are held in a board incentive plan trust. When the exchange conditions are met (such as retirement or the end of MUFG’s current three-year medium-term business plan on March 31, 2027), half of the related shares will be sold in pre-arranged open market transactions in Japan, with cash proceeds plus the remaining half of the shares delivered to Sakurai, subject to clawback and forfeiture for cause. He may also receive additional performance-based and medium-term points, adjustable between 0% and 150%, based on future service-period performance.

Positive

  • None.

Negative

  • None.
Insider Sakurai Takayuki
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 — 1,674 shares (Direct); Common Stock — 61,300 shares (Direct)
Footnotes (1)
  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.
Direct common stock holdings 61,300 shares Direct ownership as of April 1, 2026
Non-adjustable plan points held 1,674 points Exchangeable 1:1 into common stock after retirement
Non-adjustable points to be received 966 points Equal monthly installments through June 2026
Annual performance-based points 2,034 points Granted June 1, 2025 for July 2024–June 2025 performance
Exercise price of plan points 0 Exercise price per share equivalent under the plan
Stock Compensation Plan Points financial
"Represents the aggregate non-adjustable points held by the reporting person as of April 1, 2026 under the Issuer's stock compensation plan"
annual performance-based points financial
"Represents the aggregate annual performance-based points held by the reporting person as of April 1, 2026."
medium-term performance-based points financial
"In addition to the non-adjustable points and annual performance-based points, the reporting person is entitled to medium-term performance-based points"
board incentive plan trust financial
"Prior to delivery, the 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 held under the Plan will be exchangeable"
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Understanding Insider Trading Forms →
SEC Form 3
FORM 3UNITED 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
OMB APPROVAL
OMB Number:3235-0104
Estimated average burden
hours per response:0.5
1. Name and Address of Reporting Person*
Sakurai Takayuki
(Last)(First)(Middle)
4-5, MARUNOUCHI 1-CHOME
(Street)
CHIYODA-KU, TOKYOJAPAN100-8330
(City)(State)(Zip)
JAPAN
(Country)		2. Date of Event Requiring Statement (Month/Day/Year)
04/01/2026		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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Managing Corporate Executive
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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 Stock61,300D
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 ExercisableExpiration DateTitleAmount or Number of Shares
Stock Compensation Plan Points(1) (1) (1)Common Stock1,674(1)D
Stock Compensation Plan Points(2) (2) (2)Common Stock966(2)D
Stock Compensation Plan Points(3)(4)(5) (3)(4) (3)(4)Common Stock2,034(3)(4)D
Explanation of Responses:
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.
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 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.
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:
Exhibit 24 - Power of Attorney
/s/ Kazutaka Kato, by Power of Attorney04/07/2026
** Signature of Reporting PersonDate
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)

Source: View Original Filing on SEC EDGAR

FAQ

What did MUFG executive Takayuki Sakurai report in this Form 3?

Takayuki Sakurai reported his initial ownership in MUFG, including 61,300 shares of common stock and several blocks of stock compensation plan points. These points are generally exchangeable one-for-one into MUFG common shares under specific retirement and performance conditions described in the company’s stock compensation plan.

How many MUFG common shares does Sakurai directly hold according to the filing?

Sakurai directly holds 61,300 shares of MUFG common stock as of April 1, 2026. This direct position is separate from his stock compensation plan points, which may convert into additional shares in the future if retirement or performance conditions under the plan are satisfied.

What are MUFG stock compensation plan points reported by Sakurai?

The stock compensation plan points are rights that can be exchanged into MUFG common shares on a one-for-one basis. Sakurai holds non-adjustable, annual performance-based, and medium-term performance-based points, each subject to clawback, forfeiture for cause, and specific timing tied to retirement or MUFG’s medium-term business plan.

When can Sakurai’s MUFG non-adjustable points be converted into shares?

Non-adjustable points become exchangeable for MUFG common shares after Sakurai retires from the position under which the points were granted. At that time, shares are delivered via a board incentive plan trust, with half sold in pre-arranged open market transactions in Japan and half delivered in shares plus cash proceeds.

How are MUFG annual performance-based points determined for Sakurai?

Annual performance-based points are granted based on performance over a defined service period. One block, granted June 1, 2025, reflects performance from July 2024 to June 2025. Additional annual performance-based points for July 2025 to June 2026 can be adjusted between 0% and 150% and fixed in June 2026 before later share exchange.

What is MUFG’s medium-term performance-based point system mentioned in the filing?

Medium-term performance-based points relate to MUFG’s current three-year medium-term business plan ending March 31, 2027. Sakurai’s entitlement under this program is adjustable from 0% to 150%, will be fixed after the plan period ends, and then may convert one-for-one into common shares with delivery terms similar to annual performance-based points.