Kobayashi Makoto 4

What Happened Kobayashi Makoto, a director of Mitsubishi UFJ Financial Group (MUFG), was granted 25,640 performance-based points on 2026-06-01 under the issuer's stock compensation plan. The grant was reported as an award/acquisition (code A) at $0.00 per share (derivative award), so no cash was paid. The points are each exchangeable for one share of common stock after the issuer's current three-year medium-term business plan period ends on March 31, 2027.

Key Details

• Transaction date: 2026-06-01; Filing date: 2026-06-02 (appears timely).
• Security: Performance-based points exchangeable 1:1 for common stock; reported amount = 25,640 points/shares.
• Price reported: $0.00 per share; reported value: $0 (derivative award).
• Shares owned after transaction: Not specified in this Form 4.
• Footnote: Grant is subject to clawback and forfeiture for cause; conversion to actual shares occurs after the plan period ending 2027-03-31.

Context This was a non-cash, performance-based award rather than an open-market purchase or sale. The award vests/convertibility depends on the issuer's medium-term plan period and potential forfeiture/clawback conditions, so it does not represent immediate stock ownership or liquidity. For retail investors, such grants disclose executive compensation practices but are not a direct buy/sell signal.