Aflac (NYSE: AFL) director granted 1,721 shares, with 523 withheld for taxes

Rhea-AI Filing Summary

Aflac Inc. director Miwako Hosoda received a compensation-related grant of 1,721 shares of common stock under the Aflac Incorporated Long-Term Incentive Plan. On the following day, 523 shares were disposed of to cover tax obligations, leaving Hosoda with 7,986 directly held shares.

Insights

Equity compensation specialist

Routine director equity grant with tax withholding, not an open-market trade.

Miwako Hosoda, a director of Aflac Inc., received 1,721 shares of common stock as a grant under the company’s Long-Term Incentive Plan. The grant price is shown as $0.0000, consistent with a non-cash equity award.

The next day, 523 shares were disposed of at $114.46 per share to satisfy tax obligations, a standard F-code tax-withholding transaction rather than an open-market sale. After these entries, Hosoda directly holds 7,986 shares, indicating a relatively small, routine adjustment to her equity position.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Hosoda Miwako

Role null

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	523	$114.46	$60K
Grant/Award	Common Stock	1,721	$0.00	--

Holdings After Transaction: Common Stock — 7,986 shares (Direct, null)

Footnotes (1)

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Key Figures

Equity grant: 1,721 shares Tax-withholding shares: 523 shares Tax-withholding price: $114.46/share +2 more

5 metrics

Equity grant 1,721 shares Common Stock award under Long-Term Incentive Plan

Tax-withholding shares 523 shares Disposed to cover tax liability on 2026-05-05 at $114.46

Tax-withholding price $114.46/share Value assigned to 523 shares used for tax withholding

Post-transaction holdings 7,986 shares Common Stock directly held after Form 4 transactions

Grant price $0.00/share Recorded price for 1,721-share compensation grant

Key Terms

Long-Term Incentive Plan, tax-withholding disposition, Grant, award, or other acquisition, Payment of exercise price or tax liability by delivering securities

4 terms

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.

tax-withholding disposition financial

"transaction_action": "tax-withholding disposition""

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

Grant, award, or other acquisition financial

"transaction_code_description": "Grant, award, or other acquisition""

Payment of exercise price or tax liability by delivering securities financial

"transaction_code_description": "Payment of exercise price or tax liability by delivering securities""

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^*

Hosoda Miwako

(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		1,721(1)	A	$0	8,509	D
Common Stock	05/05/2026		F		523	D	$114.46	7,986	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: Miwako Hosoda	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 transactions did AFL (Aflac Inc.) director Miwako Hosoda report?

Director Miwako Hosoda reported two transactions in Aflac common stock. She received an award of 1,721 shares under the Long-Term Incentive Plan, then 523 shares were disposed of the next day to cover tax liabilities associated with the equity compensation.

Was the AFL director’s share disposition an open-market sale?

No, the disposition was a tax-withholding transaction coded “F.” The filing describes it as payment of tax liability by delivering securities, meaning shares were withheld rather than sold voluntarily in the open market, a routine equity-compensation mechanism.

How many AFL shares does director Miwako Hosoda hold after these transactions?

After the reported transactions, director Miwako Hosoda directly holds 7,986 shares of Aflac common stock. This figure reflects the 1,721-share grant she received and the 523 shares disposed of for tax withholding, as shown in the Form 4 totals.

What was the size and nature of the AFL stock grant to Miwako Hosoda?

Hosoda received a grant of 1,721 AFL common shares with a recorded price of $0.00 per share. The footnote states the award was granted under the Aflac Incorporated Long-Term Incentive Plan, confirming it as a compensation-related equity award, not a market purchase.

At what price were the AFL shares used for tax withholding valued?

The 523 Aflac shares disposed of for tax withholding were valued at $114.46 per share. This valuation is used to satisfy the reporting person’s tax liability on the equity grant and is reported as part of the routine F-code tax-withholding disposition.