[Form 3] MITSUBISHI UFJ FINANCIAL GROUP INC Initial Statement of Beneficial Ownership
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Mitsubishi UFJ Financial Group director Hiroshi Kubota reports direct ownership of 53,364 shares of common stock and several categories of stock compensation plan points that are linked to future delivery of common shares.
The non-adjustable points and annual performance-based points are generally exchangeable for common stock on a one-for-one basis after retirement or following the issuer’s three-year medium-term business plan period ending on March 31, 2027. Shares corresponding to these points are held in a board incentive plan trust, which will sell 50% of the shares through pre-arranged open market sales in Japan, delivering cash proceeds plus the remaining shares to Kubota, subject to clawback and forfeiture conditions.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Kubota Hiroshi
Role
Director
| 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 — 131,840 shares (Direct);
Common Stock — 53,364 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 did MUFG director Hiroshi Kubota report in this insider disclosure?
Hiroshi Kubota reported direct ownership of 53,364 MUFG common shares and multiple stock compensation plan points. These points can later be exchanged one-for-one into common stock, subject to retirement or performance conditions, clawback provisions, and specific delivery schedules outlined under MUFG’s stock compensation plan.
What are MUFG non-adjustable stock compensation plan points reported by Kubota?
Non-adjustable points represent fixed amounts granted under MUFG’s stock compensation plan. Kubota holds an aggregate of 131,840 such points as of March 18, 2026, plus 1,962 points to be received in equal monthly installments until June 2026, each generally exchangeable into one MUFG common share after retirement.
How do MUFG annual performance-based points work for Hiroshi Kubota?
Annual performance-based points depend on MUFG’s performance over specified service periods. Kubota holds 8,000 such points granted June 1, 2025, for performance from July 2024 to June 2025. These points, and additional adjustable points through June 2026, can convert one-for-one into common shares after March 31, 2027.
What are MUFG medium-term performance-based points mentioned for Hiroshi Kubota?
Medium-term performance-based points are tied to MUFG’s current three-year medium-term business plan ending March 31, 2027. Kubota is entitled to such points, adjustable from 0% to 150%, which will be fixed after that period and can then be exchanged one-for-one into MUFG common stock under the plan.