Katayama Miki 4
Research Summary
AI-generated summary
MUFG Managing Executive Katayama Miki Receives Award of 3,502 Shares
What Happened Katayama Miki, a Managing Corporate Executive at Mitsubishi UFJ Financial Group (MUFG), received an award of 3,502 performance-based points (reported as a derivative grant) on 2026-06-01. The grant is reported at $0.00 per share because these are performance-based award points rather than an open-market purchase or sale. Each point will be exchangeable for one share of MUFG common stock after the end of the issuer’s current three-year medium-term business plan (ending March 31, 2027).
Key Details
- Transaction date: 2026-06-01; Form 4 filed: 2026-06-02 (timely filing).
- Transaction type/code: A = Award/Grant (derivative/performance points).
- Amount granted: 3,502 points (each point = one share upon conversion); reported price: $0.00; immediate cash value: none.
- Shares owned after transaction: Not specified in the provided filing.
- Footnote: Awards are subject to clawback and forfeiture for cause; conversion to shares occurs after the plan period ends (Mar 31, 2027).
Context This is a standard performance-based equity award tied to MUFG’s multi-year plan, not an open-market purchase or sale. Such grants are common compensation for executives and do not indicate an immediate cash investment or sale — the economic interest depends on future vesting/conversion and any forfeiture conditions.