Togawa Jun 4
4 · MITSUBISHI UFJ FINANCIAL GROUP INC · Filed Jul 2, 2026
Research Summary
AI-generated summary of this filing
Mitsubishi UFJ (MUFG) Senior Exec Togawa Jun Receives 6,960-Point Award
What Happened Togawa Jun, a Senior Managing Corporate Executive of Mitsubishi UFJ Financial Group (MUFG), was granted an award of 6,960 points on July 1, 2026. The Form 4 reports the acquisition as a derivative award (code A) at $0.00 — i.e., these are compensation points that are not immediately valued as cash or delivered shares. The filing was made on July 2, 2026.
Key Details
- Transaction date: 2026-07-01; Filing date: 2026-07-02 (timely).
- Reported transaction: Grant/acquisition (derivative award) of 6,960 points at $0.00.
- Shares owned after transaction: not specified in the filing.
- Footnote summary: the 6,960 points represent non-adjustable points payable in equal monthly installments from July 2026 to June 2027; each point can be exchanged for one share following the reporting person’s retirement from the relevant role. Points are subject to clawback/forfeiture for cause. Prior to delivery, the underlying shares are held in a board incentive plan trust; upon retirement the trust will sell 50% via a pre-arranged open-market sale in Japan and deliver net cash plus the remaining 50% in shares.
Context This is a compensation award (derivative grant) rather than an open-market purchase or sale. Because the points convert to shares only upon retirement and are held in a trust with a planned partial sale, the grant does not represent an immediate cash transaction or straightforward ownership increase that would typically signal near-term trading intent.
Insider Transaction Report
- Award
Stock Compensation Plan Points
[F1]2026-07-01+6,960→ 30,945 total→ Common Stock (6,960 underlying)
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.