Osawa Masakazu 4

What Happened
Osawa Masakazu, a director of Mitsubishi UFJ Financial Group, was granted 11,208 award points (reported as a derivative award) on 2026-07-01. The award was recorded at $0.00 per point (no immediate cash purchase). This is a grant/award—not an open-market buy or sale.

Key Details

• Transaction date: 2026-07-01; Form 4 filed 2026-07-02 (appears timely).
• Transaction type: Award/Grant (code A); 11,208 points granted at $0.00.
• Shares owned after transaction: not specified in the filing summary provided.
• Footnote summary: points are non-adjustable and will be delivered in equal monthly installments on the first day of each month during the service period from July 2026 to June 2027; subject to clawback/forfeiture for cause. Each point can be exchanged for one common share following the reporting person’s retirement from the role. Prior to delivery, shares are held by a board incentive plan trust; 50% of those shares will be sold by the trust in a pre-arranged open market sale in Japan after retirement, and the reporting person will receive the net cash proceeds from that sale plus the remaining 50% in shares.

Context
This is a deferred, derivative award tied to future service and retirement conditions rather than an immediate purchase of stock. Such awards are common for directors and are not an immediate market signal (they do not represent an open-market purchase or sale).