Aflac (NYSE: AFL) CFO Max Broden sells 13,000 company shares

Rhea-AI Filing Summary

Aflac Senior Executive Vice President and Chief Financial Officer Max Broden reported a sale of company stock. On February 6, 2026, he sold 13,000 shares of Aflac common stock at a weighted average price of $117.665 per share in multiple transactions priced between $117.37 and $118.115.

After this sale, Broden directly beneficially owned 122,062 shares of Aflac common stock. In addition, there are 340 shares reported as indirectly owned through his spouse.

SEC Form 4

FORM 4

UNITED 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).

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^*

Broden Max

(Last) (First) (Middle)

C/O AFLAC INCORPORATED

1932 WYNNTON ROAD

(Street)

COLUMBUS GA 31999

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
AFLAC INC [ AFL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Sr. EVP, CFO

3. Date of Earliest Transaction (Month/Day/Year)
02/06/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/06/2026		S		13,000	D	$117.665(1)	122,062	D
Common Stock								340	I	Spouse

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The price is the weighted average sale price of the aggregate number of shares that were sold. These shares were sold in multiple transactions at prices ranging from $117.37 to $118.115. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.

Remarks:

	By: Brooke R. Phillips For: Max K. Broden	02/10/2026
	** Signature of Reporting Person	Date
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.

FAQ

What insider transaction did AFL CFO Max Broden report?

Max Broden reported selling 13,000 Aflac common shares. The sale occurred on February 6, 2026, at a weighted average price of $117.665 per share, through multiple trades executed between $117.37 and $118.115.

How many AFL shares does CFO Max Broden own after this Form 4?

After the transaction, Max Broden directly owns 122,062 AFL shares. The filing also reports an additional 340 Aflac common shares as indirectly owned through his spouse, reflecting his total reported beneficial holdings following the February 6, 2026 sale.

At what prices were the AFL shares sold by CFO Max Broden?

The reported weighted average sale price was $117.665 per share. According to the filing footnote, the 13,000 Aflac shares were sold in multiple transactions at prices ranging from $117.37 up to $118.115 on February 6, 2026.

What role does Max Broden hold at AFLAC INC (AFL)?

Max Broden serves as Senior Executive Vice President and Chief Financial Officer. The Form 4 identifies him as an officer of Aflac Inc., rather than a director or 10% owner, and reports his personal and spousal share holdings after the disclosed stock sale.

How is the indirect ownership in AFL shares reported for Max Broden?

The filing reports 340 indirectly owned Aflac shares attributed to his spouse. These shares are listed separately from his 122,062 directly owned shares, clarifying the distinction between his personal holdings and those held through an immediate family member.