Tanaka Takuya 4
Research Summary
AI-generated summary
MUFG Senior Exec Tanaka Takuya Receives 8,316-Point Award
What Happened
Tanaka Takuya, a Senior Managing Corporate Executive at Mitsubishi UFJ Financial Group (MUFG), was granted 8,316 derivative award points on 2026-07-01. The grant is reported as an acquisition (award) at $0.00 per share (no cash paid). This is a deferred equity-type award rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-07-01; Form 4 filed 2026-07-02 (appears timely).
- Transaction type/code: Award/Grant (A).
- Amount/points granted: 8,316 (reported as derivative points convertible to shares).
- Price reported: $0.00; reported transaction value $0.
- Shares owned after transaction: not disclosed in the filing.
- Footnote summary: points are non-adjustable, paid in equal monthly installments from July 2026 to June 2027; subject to clawback/forfeiture for cause; each point converts to one common share upon the reporting person’s retirement. Before delivery, shares are held by a board incentive plan trust; 50% of those shares will be sold in a pre-arranged open-market sale in Japan after retirement, with net proceeds in cash plus the remaining 50% in shares delivered to the recipient.
Context
This is a deferred/derivative award tied to future service and retirement, not an immediate market purchase or sale. Because shares are converted and partially sold only upon retirement and are subject to forfeiture and trust-handling rules, this grant does not indicate an immediate change in the insider’s cash position or an open-market stake change today.