Tokuma Kensuke 4

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.