Aflac (NYSE: AFL) holder Japan Post sells 13,000 shares
Rhea-AI Filing Summary
Japan Post Holdings Co., Ltd., a more than 10% indirect owner of AFLAC INC, reported selling 13,000 shares of common stock on 2026-08-13. The shares were sold at a weighted average price of $121.09 per share, with individual sale prices ranging from $120.68 to $121.55, pursuant to a Rule 10b5-1 trading plan. After this transaction, entities associated with Japan Post report indirect holdings of 50,872,690 shares, held through J&A Alliance Holdings Corporation as trustee of the J&A Alliance Trust, with multiple parties, including Japan Post, disclaiming beneficial ownership except to the extent of their pecuniary interests.
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Insights
Analyzing...
Insider Trade Summary 10b5-1
Net Seller: 13,000 shares
Net Sell
1 txn
Insider
Japan Post Holdings Co., Ltd.
Role
10% Owner
Sold
13,000 shs ($1.57M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 13,000 | $121.09 | $1.57M |
Holdings After Transaction:
Common Stock — 50,872,690 shares (Indirect, See footnote)
Footnotes (2)
- F1. The price reported represents the weighted average price of shares of Common Stock of Aflac Inc. (the "Issuer") sold in multiple transactions at prices ranging from $120.68 to $121.55 per share. The reporting person will provide to the Issuer, or the Securities and Exchange Commission staff, upon request, information regarding the number of shares sold at each price within the range.
- F2. The reported securities are held directly by J&A Alliance Holdings Corporation ("J&A Holdings"), in its capacity as the trustee of the J&A Alliance Trust (the "Trust"). General Incorporated Association J&A Alliance ("General Incorporated"), Kenji Sano and Tetsuya Numaguchi each may be deemed to beneficially own the securities held by J&A Holdings (in its capacity as trustee of the Trust) because (i) General Incorporated owns J&A Holdings and (ii) Kenji Sano and Tetsuya Numaguchi each own 50% of the equity interests in General Incorporated. Japan Post Holdings Co., Ltd. ("Japan Post") may be deemed to beneficially own the shares of common stock owned directly by J&A Holdings, in its capacity as the trustee of the Trust, due to its role as the sole settlor and beneficiary of the Trust. Each of General Incorporated, Kenji Sano, Tetsuya Numaguchi and Japan Post expressly disclaim beneficial ownership of the reported securities except to the extent of its pecuniary interest therein.
Key Figures
Shares sold: 13,000 shares
Weighted average sale price: $121.09 per share
Sale price range: $120.68–$121.55 per share
+3 more
6 metrics
Shares sold
13,000 shares
Common Stock sold on 2026-08-13 by entity associated with Japan Post
Weighted average sale price
$121.09 per share
Average price for 13,000 shares of AFL common stock sold
Sale price range
$120.68–$121.55 per share
Range of prices for multiple sale transactions on 2026-08-13
Shares owned after transaction
50,872,690 shares
Indirectly held AFL common stock position reported after the sale
Ownership status
More than 10% owner
Japan Post identified as a 10% or greater shareholder of AFL
Rule 10b5-1 plan
Affirmed
Document-level Rule 10b5-1 checkbox marked true for this transaction
Key Terms
Rule 10b5-1 trading plan, weighted average price, beneficially own, pecuniary interest, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"The filing indicates the transaction was made under a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"The price reported represents the weighted average price of shares of Common Stock"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
beneficially own regulatory
"each may be deemed to beneficially own the securities held by J&A Holdings"
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.
pecuniary interest financial
"expressly disclaim beneficial ownership of the reported securities except to the extent of its pecuniary interest"
indirect ownership regulatory
"The reported securities are held directly by J&A Alliance Holdings Corporation ... as trustee of the Trust"
FAQ
What insider transaction did Japan Post report in AFL (AFLAC INC) on this Form 4?
Japan Post reported a sale of 13,000 AFL common shares on 2026-08-13. The transaction was executed at a weighted average price of $121.09 per share, with prices ranging between $120.68 and $121.55.
How is Japan Post’s ownership in AFL (AFLAC INC) structured according to this Form 4?
The reported AFL shares are held directly by J&A Alliance Holdings Corporation as trustee of the J&A Alliance Trust. General Incorporated Association J&A Alliance and two individuals, along with Japan Post as settlor and beneficiary, may be deemed owners but disclaim beneficial ownership except for pecuniary interests.
AI-generated analysis. How Rhea-AI works. Not financial advice.
