AFLAC (NYSE: AFL) director receives 3,795-share equity grant

Rhea-AI Filing Summary

BOWERS WILLIAM P reported acquisition or exercise transactions in this Form 4 filing.

AFLAC INC director William P. Bowers received 3,795 shares of Common Stock as a grant under the company’s long-term incentive plan. This award is compensation-related rather than an open-market purchase and brings his directly held stake to 75,666 shares after the transaction.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider BOWERS WILLIAM P

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	3,795	$0.00	--

Holdings After Transaction: Common Stock — 75,666 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Shares granted: 3,795 shares Post-transaction holdings: 75,666 shares Price per share in grant: $0.00 per share

3 metrics

Shares granted 3,795 shares Common Stock grant to director William P. Bowers

Post-transaction holdings 75,666 shares Direct Common Stock ownership after grant

Price per share in grant $0.00 per share Compensation award, no purchase price

Key Terms

Form 4, Common Stock, Long-Term Incentive Plan

3 terms

Form 4 regulatory

"The AFLAC INC Form 4 shows a grant, not an open-market purchase."

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Common Stock financial

"AFLAC INC reported that director William P. Bowers received 3,795 shares of Common Stock as a grant."

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.

Long-Term Incentive Plan financial

"Granted under the Aflac Incorporated Long-Term Incentive Plan (as Amended and Restated February 14, 2017)."

A long-term incentive plan is a company program that pays executives or employees with stock, options, or cash tied to multi-year performance goals, where the rewards become theirs only after meeting conditions over time. Think of it as a delayed bonus or retirement-style reward that aligns employees’ interests with shareholders by encouraging them to boost long-term value; investors watch these plans because they affect pay costs, share dilution and management incentives.

Form 4 Insider Transactions: What Each Field Means →

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^*

BOWERS WILLIAM P

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/04/2026

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

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/04/2026		A		3,795(1)	A	$0	75,666	D

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. Granted under the Aflac Incorporated Long-Term Incentive Plan (as Amended and Restated February 14, 2017).

Remarks:

	By: Brooke R. Phillips For: William Paul Bowers	05/06/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did AFL (AFLAC INC) report for William P. Bowers?

AFLAC INC reported that director William P. Bowers received 3,795 shares of Common Stock as a grant. The shares were awarded as part of his compensation, not bought on the open market, increasing his directly held position to 75,666 shares.

Was the recent AFLAC (AFL) Form 4 transaction an open-market purchase?

No, the AFLAC INC Form 4 shows a grant, not an open-market purchase. Director William P. Bowers received 3,795 Common Stock shares as a compensation award under the company’s long-term incentive plan, with no price paid per share in this transaction.

How many AFLAC INC (AFL) shares does William P. Bowers hold after this grant?

After receiving 3,795 granted shares, director William P. Bowers directly holds 75,666 AFLAC INC Common Stock shares. This total reflects his position immediately following the reported Form 4 transaction and represents his direct ownership only.

What plan governed the recent stock grant to AFL director William P. Bowers?

The stock grant to William P. Bowers was made under the Aflac Incorporated Long-Term Incentive Plan, as amended and restated on February 14, 2017. This plan provides equity-based compensation awards like the 3,795-share grant reported in the Form 4 filing.

Does the AFL (AFLAC INC) Form 4 show any insider share sales?

The Form 4 for AFLAC INC shows no insider share sales. It reports only one acquisition transaction, a grant of 3,795 Common Stock shares to director William P. Bowers, increasing his directly held ownership to 75,666 shares with no dispositions disclosed.