MUFG (NYSE: MUFG) officer outlines detailed stock compensation point holdings
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
MITSUBISHI UFJ FINANCIAL GROUP INC officer Tanaka Takuya has filed an initial Form 3 detailing equity-linked holdings. As of April 1, 2026, he directly holds 41,559 shares of common stock and several categories of stock compensation plan points that are each generally exchangeable on a one-for-one basis into common shares at future dates.
The filing shows 83,442 non-adjustable points under MUFG’s stock compensation plan, plus 5,191 non-adjustable points scheduled in equal monthly installments through June 2026, and 4,218 annual performance-based points granted for performance from July 2024 to June 2025. These points are subject to clawback and forfeiture for cause and become exchangeable after retirement or after the issuer’s current three-year medium-term business plan period ending on March 31, 2027. Before delivery, shares corresponding to these points are held in a board incentive plan trust, which will sell 50% of such shares through pre-arranged open market sales in Japan and deliver cash proceeds plus the remaining 50% in shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Tanaka Takuya
Role
See Remarks
| 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 — 83,442 shares (Direct);
Common Stock — 41,559 shares (Direct)
Footnotes (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.
Key Figures
Direct common stock holding: 41,559 shares
Non-adjustable plan points: 83,442 points
Monthly installment points: 5,191 points
+3 more
6 metrics
Direct common stock holding
41,559 shares
Common stock held directly as of April 1, 2026
Non-adjustable plan points
83,442 points
Aggregate non-adjustable points exchangeable 1:1 into common stock after retirement
Monthly installment points
5,191 points
Non-adjustable points receivable in equal monthly installments through June 2026
Annual performance-based points
4,218 points
Points based on July 2024–June 2025 performance, convertible after March 31, 2027
Exercise price of plan points
0.0000
Exercise or conversion price per point under the stock compensation plan
Medium-term plan end date
March 31, 2027
End of MUFG’s three-year medium-term business plan period
Key Terms
Stock Compensation Plan Points, board incentive plan trust, annual performance-based points, medium-term performance-based points, +1 more
5 terms
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"
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"
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"
clawback and forfeiture for cause financial
"Subject to clawback and forfeiture for cause, each non-adjustable point held under the Plan will be exchangeable"
FAQ
What does MUFG’s Form 3 for Tanaka Takuya report?
The Form 3 reports Tanaka Takuya’s initial beneficial ownership in MUFG, including 41,559 common shares and multiple categories of stock compensation plan points. These points can convert into common stock later, subject to plan conditions and performance-based criteria.
What are MUFG non-adjustable stock compensation plan points for Tanaka Takuya?
Non-adjustable points represent fixed entitlements under MUFG’s stock compensation plan. Tanaka holds 83,442 such points plus 5,191 additional non-adjustable points vesting monthly, each generally exchangeable for one common share under conditions described in the plan and related footnotes.
How do MUFG annual performance-based points work in this Form 3?
Annual performance-based points depend on service-period performance. Tanaka holds 4,218 such points, granted June 1, 2025 for performance from July 2024 to June 2025. Subject to clawback, each point may convert into one common share after March 31, 2027.
What is the role of MUFG’s board incentive plan trust in this Form 3?
The board incentive plan trust holds shares corresponding to awarded points until delivery. After conversion events, it sells 50% of the shares via pre-arranged open market sales in Japan and then delivers cash proceeds and the remaining 50% in shares to Tanaka under plan terms.