Katayama Miki 4

What Happened
Katayama Miki, a Managing Corporate Executive of Mitsubishi UFJ Financial Group (MUFG), was granted an award of 5,796 equity points on 2026-07-01 (reported as a derivative award, transaction code A). The reported acquisition price is $0.00, so no cash was exchanged; these points are not immediate free-standing shares but are convertible into common stock under plan terms.

Key Details

• Transaction date: 2026-07-01; filing date: 2026-07-02.
• Transaction type: Award/Grant (derivative), 5,796 points/shares reported at $0.00.
• Shares owned after transaction: not specified in the filing.
• Footnote summary: the 5,796 represents aggregate non-adjustable points payable in equal monthly installments from July 2026 to June 2027. Each point is exchangeable for one share following the reporting person’s retirement; points are subject to clawback/forfeiture for cause. Before delivery, the underlying shares are held in a board incentive plan trust. Upon the reporting person’s retirement, 50% of those shares will be sold by the trust in a pre-arranged open-market sale in Japan; net cash proceeds plus the remaining 50% in shares will be delivered to the reporting person.
• Timeliness: filing was submitted the day after the transaction (no late-filing indication in the provided data).

Context
This is a deferred equity-style award (points convertible to shares on retirement), not an immediate open-market purchase or sale. Such awards are common for long-term incentive and retention purposes and do not represent an immediate vote of confidence via a buy, nor an immediate dilution event until conversion and delivery occur per the plan terms.