Yamamoto Tadashi 4
Research Summary
AI-generated summary
MUFG Senior Managing Exec Tadashi Yamamoto Receives Award
What Happened
- Tadashi Yamamoto, Senior Managing Corporate Executive at Mitsubishi UFJ Financial Group (MUFG), received an award of 6,671 performance-based points on 2026-06-01. The grant was reported as a derivative award at $0.00 per share (total reported value $0 at grant).
- These points are part of MUFG’s stock compensation plan and will be exchangeable for one share per point following the end of the issuer’s current three-year medium-term business plan period ending March 31, 2027. The awards are subject to clawback and forfeiture for cause.
Key Details
- Transaction date: 2026-06-01; filing date: 2026-06-02 (timely filing).
- Transaction type/code: Award/Grant (A); 6,671 points granted @ $0.00 (derivative award).
- Reported value at grant: $0 (points convert to shares later, value depends on future share price).
- Shares owned after transaction: Not specified in the filing.
- Footnote: Points are annual performance-based awards under the issuer’s Plan; each point converts to one share after the three-year plan period ending 3/31/2027 and are subject to clawback/forfeiture.
Context
- This is a compensation award (not an open-market purchase or sale). Such grants are routine for executives and reflect pay structure rather than an immediate personal market bet.
- The economic value to the insider depends on MUFG’s stock price at the time the points convert into shares and on satisfaction of performance and forfeiture conditions.