MUFG (NYSE: MUFG) executive awarded 3,792 stock compensation plan points

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Filing Sentiment

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Form Type

Rhea-AI Filing Summary

Kuniyuki Masahiro reported acquisition or exercise transactions in this Form 4 filing.

Mitsubishi UFJ Financial Group managing corporate executive Masahiro Kuniyuki received a grant of 3,792 Stock Compensation Plan Points. These points represent non-adjustable awards that will be earned in equal monthly installments during his service period from July 2026 to June 2027.

After his retirement from the relevant position, each point can be exchanged for one share of MUFG common stock, with the underlying shares currently held in a board incentive plan trust. Following retirement, the trust will sell 50% of the related shares in pre-arranged open market sales in Japan and deliver the cash proceeds plus the remaining 50% in shares to him, subject to clawback and forfeiture for cause. After this award, Kuniyuki is reported as holding 49,257 points.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Kuniyuki Masahiro

Role Managing Corporate Executive

Type	Security	Shares	Price	Value
Grant/Award	Stock Compensation Plan Points	3,792	$0.00	--

Holdings After Transaction: Stock Compensation Plan Points — 49,257 shares (Direct)

Footnotes (1)

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Key Figures

Stock compensation points granted: 3,792 points Total points after grant: 49,257 points Vesting service period: July 2026 to June 2027 +1 more

4 metrics

Stock compensation points granted 3,792 points Grant of Stock Compensation Plan Points reported on Form 4

Total points after grant 49,257 points Stock Compensation Plan Points held following the reported transaction

Vesting service period July 2026 to June 2027 Points earned in equal monthly installments over this period

Share delivery split 50% cash / 50% shares Trust sells half the shares and delivers remaining half in stock at retirement

Key Terms

Stock Compensation Plan Points, board incentive plan trust, clawback, forfeiture for cause, +1 more

5 terms

Stock Compensation Plan Points financial

"Represents the aggregate non-adjustable points that the reporting person is entitled to receive"

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 financial

"Subject to clawback and forfeiture for cause, each point will be exchangeable"

A clawback is a contractual or legal right to recover money that was already paid out—often executive bonuses, incentives, or erroneous payments—when certain conditions change, such as fraud, accounting mistakes, or failure to meet performance targets. It matters to investors because clawbacks protect shareholder value by discouraging risky or misleading behavior, can affect future cash flow and executive incentives, and signal stronger governance, much like a store recalling a refund after discovering it was issued in error.

forfeiture for cause financial

"Subject to clawback and forfeiture for cause, each point will be exchangeable"

open market sale financial

"50% of such shares will be sold by the trust through a pre-arranged open market sale in Japan"

An open market sale is when a company or a shareholder sells shares through the regular stock market to any willing buyer, using ordinary exchange trading rather than private deals. It matters to investors because it increases the number of shares available and can push the price down or change ownership balance—think of it like someone putting extra items on a supermarket shelf for any shopper to buy, which can lower the item's price if supply suddenly grows.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/02/2026 - 07:30 AM Accepted by SEC EDGAR 07/02/2026 - 07:30 AM

FAQ

What did MUFG executive Masahiro Kuniyuki receive in this Form 4 filing?

Masahiro Kuniyuki received a grant of 3,792 Stock Compensation Plan Points. These non-adjustable points vest in equal monthly installments and are designed to be exchangeable into MUFG common stock after his retirement from the relevant executive position.

How do MUFG Stock Compensation Plan Points work for MUFG (MUFG)?

Each Stock Compensation Plan Point can be exchanged for one share of MUFG common stock after retirement. The underlying shares are held by a board incentive plan trust, with eventual delivery split between cash from share sales and remaining shares.

Over what period will Masahiro Kuniyuki’s MUFG stock points vest?

The 3,792 Stock Compensation Plan Points vest in equal monthly installments from July 2026 through June 2027. This structure ties compensation to continued service during that specific one-year period, aligning awards with his ongoing executive role.

What happens to the MUFG shares underlying these compensation points at retirement?

Upon retirement from the relevant position, the trust will sell 50% of the MUFG shares in pre-arranged open market sales in Japan. The net cash proceeds plus the remaining 50% of shares will then be delivered to Masahiro Kuniyuki.

Are the MUFG Stock Compensation Plan Points subject to clawback or forfeiture?

Yes. The points are explicitly subject to clawback and forfeiture for cause. This means that under certain misconduct or cause-related conditions, MUFG may cancel or reclaim the compensation associated with these stock-based awards.

How many stock compensation points does Masahiro Kuniyuki hold after this MUFG grant?

Following this award of 3,792 points, the Form 4 reports that Masahiro Kuniyuki holds a total of 49,257 Stock Compensation Plan Points. This figure reflects his aggregate position in this specific compensation plan after the new grant.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Kuniyuki Masahiro

(Last)

(First)

(Middle)

4-5, MARUNOUCHI 1-CHOME

(Street)

CHIYODA-KU, TOKYO

JAPAN

100-8330

(City)

(State)

(Zip)

JAPAN

(Country)

2. Issuer Name and Ticker or Trading Symbol
MITSUBISHI UFJ FINANCIAL GROUP INC [ MUFG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Managing Corporate Executive

2a. Foreign Trading Symbol
[8306 (TSE)]

3. Date of Earliest Transaction (Month/Day/Year)
07/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Stock Compensation Plan Points⁽¹⁾	⁽¹⁾	07/01/2026		A		3,792		⁽¹⁾	⁽¹⁾	Common Stock	3,792	$0	49,257	D

Explanation of Responses:

1. 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 July 2026 to June 2027. Subject to clawback and forfeiture for cause, each point 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 a 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.

	/s/ Kazutaka Kato, by Power of Attorney	07/02/2026
	** 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 4 (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 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR