Aflac officer plans $1.6M stock sale under Rule 144

AFLAC INC (AFL) received a notice under Rule 144 that officer Masatoshi Koide, through Fidelity Brokerage Services LLC as broker, plans to sell 13,201 shares of AFLAC common stock.

Available on EDGAR 09/16/2026 - 12:11 PM EDT Accepted by SEC EDGAR 09/16/2026 - 12:11 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

AFLAC INC (AFL) received a notice under Rule 144 that officer Masatoshi Koide, through Fidelity Brokerage Services LLC as broker, plans to sell 13,201 shares of AFLAC common stock. The shares have an aggregate market value of $1,557,895.62 based on prices as of September 16, 2026.

The securities include 10,000 shares from restricted stock vesting on February 13, 2023 and 3,201 shares from a stock option exercise on September 16, 2026. AFLAC common shares outstanding were 501,343,298 as of September 16, 2026; this is a baseline figure, not the amount being sold.

Key Figures

Shares to be sold: 13,201 shares Aggregate market value: $1,557,895.62 Shares from restricted stock vesting: 10,000 shares +3 more

6 metrics

Shares to be sold 13,201 shares Total AFLAC common shares covered by the Rule 144 notice

Aggregate market value $1,557,895.62 Market value of 13,201 AFLAC shares as of September 16, 2026

Shares from restricted stock vesting 10,000 shares Common shares from restricted stock vesting on February 13, 2023

Shares from stock option exercise 3,201 shares Common shares from stock option exercise on September 16, 2026

Shares outstanding 501,343,298 shares AFLAC common shares outstanding as of September 16, 2026

Planned sale date reference September 16, 2026 Date used for market value and NYSE reference in the notice

Key Terms

Rule 144, Restricted Stock Vesting, Stock Option Exercise, attorney-in-fact

4 terms

Rule 144 regulatory

"See the definition of "person" in paragraph (a) of Rule 144."

Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

Restricted Stock Vesting financial

"Common | 02/13/2023 | Restricted Stock Vesting | Issuer"

Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.

Stock Option Exercise financial

"Common | 09/16/2026 | Stock Option Exercise | Issuer"

A stock option exercise is the act of using a previously granted right to buy shares of a company's stock at a specific, predetermined price by paying that price and receiving the shares. It matters to investors because exercising changes who owns the shares (which can dilute existing ownership), can trigger taxable events and shift potential gains or losses, and affects voting power and the company’s outstanding share count—like turning a voucher into an actual product that becomes part of circulating supply.

attorney-in-fact regulatory

"as a duly authorized representative of Fidelity Brokerage Services LLC, as attorney-in-fact for Masatoshi Koide"

An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the Form 144 filing mean for AFL (AFLAC INC)?

It reports that officer Masatoshi Koide intends to sell 13,201 shares of AFLAC common stock under Rule 144 through Fidelity Brokerage Services LLC. This is a notice of a potential sale by an affiliate, not by AFLAC itself.

How many AFL shares are covered by Masatoshi Koide’s Form 144?

The notice covers 13,201 shares of AFLAC common stock. This consists of 10,000 shares from restricted stock vesting on February 13, 2023 and 3,201 shares issued from a stock option exercise on September 16, 2026.

What is the aggregate market value of the AFL shares in this Form 144?

The Form 144 states an aggregate market value of $1,557,895.62 for the 13,201 shares of AFLAC common stock to be sold, based on market prices as of September 16, 2026.

How does the planned sale compare to AFLAC’s total shares outstanding?

AFLAC had 501,343,298 shares of common stock outstanding as of September 16, 2026. The 13,201 shares in the Form 144 represent a small portion of this baseline share count.

Who is handling the sale of AFL shares for Masatoshi Koide?

The Form 144 lists Fidelity Brokerage Services LLC as the broker for the planned sale of 13,201 AFLAC common shares on the NYSE. The form is signed by a Fidelity representative acting as attorney-in-fact for Masatoshi Koide.

What types of equity awards are being sold in this AFL Form 144?

The notice covers shares from Restricted Stock Vesting dated February 13, 2023 and a Stock Option Exercise dated September 16, 2026, both issued by AFLAC as compensation to officer Masatoshi Koide.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001705261
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	AFLAC INC
SEC File Number	001-07434
Address of Issuer	1932 WYNNTON RD COLUMBUS GEORGIA 31999
Phone	7063233431
Name of Person for Whose Account the Securities are To Be Sold	Koide Masatoshi
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Officer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917	13201	1557895.62	501343298	09/16/2026	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	02/13/2023	Restricted Stock Vesting	Issuer			10000	02/13/2023	Compensation
Common	09/16/2026	Stock Option Exercise	Issuer			3201	09/16/2026	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks
Date of Notice	09/16/2026
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	/s/ Gary Redman, as a duly authorized representative of Fidelity Brokerage Services LLC, as attorney-in-fact for Masatoshi Koide
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)