[Form 4] Aflac Inc. Insider Trading Activity

Rhea-AI Filing Summary

Bradley E. Dyslin, Executive Vice President of Aflac Incorporated, received a grant of 9,658 shares of Aflac common stock under the companys Long-Term Incentive Plan. The award was recorded as an acquisition and is listed at a price of $0, indicating a grant rather than a market purchase. Following this transaction, Mr. Dyslins reported beneficial ownership of Aflac common stock is 29,162 shares, held directly.

The Form 4 discloses the transaction class as common stock and cites the Long-Term Incentive Plan (as amended and restated February 14, 2017) as the grant source. The filing identifies Mr. Dyslin as an officer (Executive Vice President) of the issuer.

Positive

• Award of 9,658 common shares to Bradley E. Dyslin recorded as an acquisition under the companys LTIP
• Post-transaction beneficial ownership of 29,162 shares held directly by the reporting person
• Grant reported at $0, consistent with a non-cash equity award under the Long-Term Incentive Plan

Negative

• None.

Insights

Securities Analyst

TL;DR: Executive vice president granted 9,658 shares under the LTIP, raising direct holdings to 29,162; transaction appears routine and non-cash.

The transaction is recorded as an acquisition of 9,658 common shares at a reported price of $0, consistent with an equity award under a long-term incentive plan rather than an open-market purchase. The post-transaction beneficial ownership of 29,162 shares is held directly. For investors, this is a disclosure of insider compensation and ownership rather than a cash-based investment or sale; on its face it has limited immediate market impact.

Corporate Governance Expert

TL;DR: Aflac granted LTIP shares to an executive, showing compensation through equity awards; disclosure aligns with Section 16 reporting requirements.

The Form 4 explicitly attributes the grant to the Aflac Incorporated Long-Term Incentive Plan (as amended and restated February 14, 2017). The filing identifies the reporting persons role as Executive Vice President and shows direct beneficial ownership after the grant. This is a standard governance disclosure documenting executive equity compensation and ownership levels; the filing contains no additional governance actions or unusual terms.

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
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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^*

Dyslin Bradley Eugene

(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)
	Executive Vice President

3. Date of Earliest Transaction (Month/Day/Year)
08/12/2025

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	08/12/2025		A		9,658(1)	A	$0	29,162	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: Bradley E. Dyslin	08/14/2025
	** 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 transaction did Aflac (AFL) report by Bradley E. Dyslin?

The Form 4 reports an acquisition of 9,658 common shares by Bradley E. Dyslin, granted under Aflacs Long-Term Incentive Plan.

How many Aflac shares does Bradley E. Dyslin own after the reported transaction?

Following the reported transaction, Bradley E. Dyslins beneficial ownership is 29,162 shares, held directly.

What was the reported price for the shares granted to the Aflac executive?

The shares are reported at a price of $0, indicating they were granted rather than purchased on the open market.

Under what plan were the Aflac shares granted?

The grant was made under the Aflac Incorporated Long-Term Incentive Plan (as Amended and Restated February 14, 2017), as stated in the Form 4.

What is Bradley E. Dyslins role at Aflac as listed on the Form 4?

The Form 4 identifies Bradley E. Dyslin as an Executive Vice President of Aflac and reports the transaction as filed by one reporting person.