Tokuma Kensuke 4
4 · MITSUBISHI UFJ FINANCIAL GROUP INC · Filed Jul 2, 2026
Research Summary
AI-generated summary of this filing
MUFG Executive Tokuma Kensuke Receives 5,796-Share Award
What Happened
Tokuma Kensuke, a Managing Corporate Executive at Mitsubishi UFJ Financial Group (MUFG), was granted 5,796 deferred award points on 2026-07-01. The Form 4 reports these as an acquisition (award) at $0.00 per share because this is a derivative grant (points that convert to shares later), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-07-01; reported on Form 4 filed 2026-07-02. No late filing indicated in the document.
- Reported amount: 5,796 points/shares; reported price: $0.00 (award/derivative).
- Shares owned after transaction: Not specified in the filing.
- Footnote summary: The 5,796 points are non-adjustable and paid in equal monthly installments from July 2026 to June 2027. Points are exchangeable for one share each upon the reporting person’s retirement, subject to clawback/forfeiture. Before delivery, shares are held in a board incentive plan trust; upon retirement, 50% of the shares will be sold in a pre-arranged open market sale in Japan and the net cash from that sale plus the remaining 50% in shares will be delivered to the reporting person.
Context
This is an equity award/derivative grant rather than a market purchase or sale, so it represents deferred compensation rather than an immediate investment or disposition. Such awards are common for executives and become economically realized later, often contingent on continued service or retirement.
Insider Transaction Report
- Award
Stock Compensation Plan Points
[F1]2026-07-01+5,796→ 53,158 total→ Common Stock (5,796 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.