MUFG grants 3324 stock plan points to executive
Kamioka Tomoyuki reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Kamioka Tomoyuki reported acquisition or exercise transactions in this Form 4 filing.
Mitsubishi UFJ Financial Group reported that Managing Corporate Executive Tomoyuki Kamioka received a grant of 3324 Stock Compensation Plan Points. These points are scheduled to vest in equal monthly installments during his service period from July 2026 to June 2027.
Each point corresponds to one share of common stock, deliverable after he retires from the position tied to this award. The shares backing the points are currently held in a board incentive plan trust. After retirement, the trust will sell 50% of the related shares in a pre-arranged open market sale in Japan and deliver the cash proceeds plus the remaining 50% of shares to him. Following this grant, Kamioka holds 38233 points under the plan.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Compensation Plan Points | 3,324 | $0.00 | $0.00 |
Footnotes (1)
- F1. 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.
Key Figures
Key Terms
Stock Compensation Plan Points financial
board incentive plan trust financial
clawback and forfeiture for cause financial
pre-arranged open market sale financial
FAQ
What insider transaction did MUFG report for Tomoyuki Kamioka?
How will the 3324 Stock Compensation Plan Points at MUFG vest?
What does each MUFG Stock Compensation Plan Point represent?
How will MUFG deliver value from the stock plan points to Kamioka?
What clawback or forfeiture terms apply to MUFG’s stock plan points?
How many Stock Compensation Plan Points does Kamioka hold after this MUFG grant?
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