Nakahama Fumitaka 4
Research Summary
AI-generated summary
MUFG Senior Executive Nakahama Receives Award of 8,316 Points
What Happened Fumitaka Nakahama, a Senior Managing Corporate Executive at Mitsubishi UFJ Financial Group (MUFG), was granted 8,316 derivative award points on 2026-07-01 (reported on Form 4 filed 2026-07-02). The award is recorded at $0.00 per share (a non-cash grant). These points are not immediate common-stock transfers but represent rights that can be converted into one share per point after the reporting person’s retirement from the position tied to the grant.
Key Details
- Transaction date: 2026-07-01 (Form 4 filed 2026-07-02) — timely filing.
- Transaction type: Grant / Award (code A); 8,316 derivative points recorded at $0.00.
- Ownership after transaction: the filing does not list final share count held by Nakahama after this grant.
- Footnote summary: points are paid in equal monthly installments from July 2026 to June 2027, are subject to clawback/forfeiture for cause, and each point is exchangeable for one share upon retirement. Prior to delivery, shares are held in a board incentive plan trust; 50% of those shares will be sold via a pre-arranged open market sale in Japan after retirement and the net cash proceeds plus the remaining 50% in shares will be delivered to the reporting person.
Context This is a deferred-compensation award (derivative point grant), not an open-market purchase or sale of shares. Such grants are common executive compensation and do not by themselves indicate immediate buying or selling in the market.