Togawa Jun 4
Research Summary
AI-generated summary
Mitsubishi UFJ (MUFG) Senior Managing Exec Jun Togawa Receives Award
What Happened
- Jun Togawa, Senior Managing Corporate Executive at Mitsubishi UFJ Financial Group (MUFG), was granted 8,373 performance-based award points on June 1, 2026. The filing reports the award as a derivative acquisition at $0.00 (no cash outlay); the points are exchangeable for common shares after the issuer’s three-year medium-term business plan period ending March 31, 2027. The award is subject to clawback and forfeiture for cause.
Key Details
- Transaction date and type: 2026-06-01 — Grant/award (code A), 8,373 points/shares, $0.00 per share reported.
- Post-transaction ownership: Filing does not disclose total MUFG shares owned after this grant.
- Footnote: F1 — Points represent annual performance-based awards under MUFG’s stock compensation plan; each point converts to one share after the plan period (ending 3/31/2027); subject to clawback/forfeiture.
- Filing timeliness: Reported on 2026-06-02 covering the 6/1/2026 grant (no late filing indicated).
Context
- This was a performance-based equity grant, not an open-market purchase or sale. Such awards vest or convert based on time and/or performance and do not necessarily indicate near-term buying or selling intent. The ultimate value to the insider will depend on MUFG’s stock price at conversion and satisfaction of performance/forfeiture conditions.