STOCK TITAN

[Form 4] AFLAC INC Insider Trading Activity

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Aflac Inc. director Joseph L. Moskowitz reported an open-market sale of 600 shares of Aflac common stock. The shares were sold on May 8, 2026 at an average price of $113.73 per share. After this transaction, he directly holds 25,368 Aflac shares. The filing notes that the sale was effected under a pre-established Rule 10b5-1 trading plan, indicating it was executed pursuant to a pre-arranged schedule rather than discretionary market timing.

Positive

  • None.

Negative

  • None.
Insider MOSKOWITZ JOSEPH L
Role null
Sold 600 shs ($68K)
Type Security Shares Price Value
Sale Common Stock 600 $113.73 $68K
Holdings After Transaction: Common Stock — 25,368 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares sold 600 shares Open-market sale of Aflac common stock on May 8, 2026
Sale price per share $113.73 per share Average price for the 600 Aflac shares sold
Shares held after transaction 25,368 shares Direct Aflac common stock holdings following the sale
Net insider share change 600 shares net sold Net-sell direction from transaction summary
Rule 10b5-1 trading plan regulatory
"The sales reported in this Form 4 were effected pursuant to 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.
open-market sale financial
"transaction_action: "open-market sale" with transaction code "S" for Common Stock"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
"security_title: "Common Stock" for the non-derivative Aflac transaction"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
MOSKOWITZ JOSEPH L

(Last)(First)(Middle)
C/O AFLAC INCORPORATED
1932 WYNNTON ROAD

(Street)
COLUMBUS GEORGIA 31999

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
AFLAC INC [ AFL ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/08/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock05/08/2026S600(1)D$113.7325,368D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person dated as of December 4, 2025.
Remarks:
By: Brooke R. Phillips For: Joseph L. Moskowitz05/11/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Aflac (AFL) disclose for Joseph L. Moskowitz?

Aflac disclosed that director Joseph L. Moskowitz sold 600 shares of Aflac common stock in an open-market transaction. The sale was reported on a Form 4 insider filing and classified as a non-derivative transaction in the company’s common stock.

At what price did Joseph L. Moskowitz sell Aflac (AFL) shares?

Joseph L. Moskowitz sold 600 Aflac shares at an average price of $113.73 per share. This price reflects the reported transaction value for the May 8, 2026 open-market sale as disclosed in the Form 4 insider trading report.

How many Aflac (AFL) shares does Joseph L. Moskowitz hold after this sale?

Following the reported sale, Joseph L. Moskowitz directly owns 25,368 Aflac common shares. This post-transaction holding is disclosed in the Form 4 and shows he retained the large majority of his previously held Aflac position.

Was the Aflac (AFL) insider sale made under a Rule 10b5-1 plan?

Yes. The footnote states the sale was effected under a Rule 10b5-1 trading plan adopted by Joseph L. Moskowitz. Such plans pre-schedule trades, indicating the transaction followed a predetermined trading arrangement rather than opportunistic market timing.

What does the transaction code "S" mean in the Aflac (AFL) Form 4?

In this Aflac Form 4, the transaction code “S” indicates a sale of common stock in the open market or a private transaction. The filing further clarifies it as an open-market sale of 600 shares executed on May 8, 2026.