Aflac EVP exercises options, sells 5,508 shares
Aflac Inc. executive Steven Kent Beaver, EVP and CFO of Aflac Japan, reported an exercise-and-sell transaction in company stock.
Rhea-AI Filing Summary
Aflac Inc. executive Steven Kent Beaver, EVP and CFO of Aflac Japan, reported an exercise-and-sell transaction in company stock. He exercised an employee stock option to acquire 5,508 shares of Common Stock at an exercise price of $35.52 per share, then sold the same 5,508 shares in an open-market transaction at a weighted average price of $117.81 per share, with individual sale prices ranging from $117.77 to $117.95. Following these transactions, he directly holds 40,537 shares of Aflac Common Stock, and the option covering these 5,508 shares has been fully exercised, leaving no remaining balance from that grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and Sale: 5,508 shares ($453K approx. pre-tax spread)
Exercise and Sale
3 txns
Insider
BEAVER STEVEN KENT
Role
EVP, CFO Aflac Japan
Sold
5,508 shs ($649K)
Approx. gross sale proceeds
$649K
Approx. exercise cost
$196K
Approx. pre-tax spread
$453K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (right to buy) | 5,508 | $0.00 | $0.00 |
| Exercise | Common Stock | 5,508 | $35.52 | $196K |
| Sale | Common Stock | 5,508 | $117.81 | $649K |
Holdings After Transaction:
Employee Stock Option (right to buy) — 0 contracts (Direct);
Common Stock — 40,537 shares (Direct)
Footnotes (2)
- F1. 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 $117.77 to $117.95. 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.
- F2. The option will vest 1,832 shares on 02/14/2018; 1,836 shares on 02/14/2019; and 1,840 shares on 02/14/2020.
Key Figures
Shares sold: 5,508 shares
Weighted average sale price: $117.81 per share
Option exercise price: $35.52 per share
+3 more
6 metrics
Shares sold
5,508 shares
Common Stock sold in open-market transaction
Weighted average sale price
$117.81 per share
Common Stock sale on 2026-05-22
Option exercise price
$35.52 per share
Employee Stock Option (right to buy) exercised
Shares held after transaction
40,537 shares
Direct Common Stock ownership after sale
Options exercised
5,508 options
Employee Stock Option converted into Common Stock
Option expiration date
February 14, 2027
Original expiration of exercised Employee Stock Option
Key Terms
weighted average sale price, Employee Stock Option (right to buy), derivative security, Common Stock
4 terms
weighted average sale price financial
"The price is the weighted average sale price of the aggregate number of shares that were sold."
Employee Stock Option (right to buy) financial
"Employee Stock Option (right to buy) with 5,508 underlying shares was exercised."
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
Common Stock financial
"security_title: Common Stock for both the exercise and sale entries."
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did AFL executive Steven Kent Beaver report?
Steven Kent Beaver reported exercising an employee stock option for 5,508 AFL shares, then selling those 5,508 shares in an open-market transaction, according to the Form 4. The filing describes this as an exercise of a derivative security followed by a sale of Common Stock.
What was the exercise price of Steven Kent Beaver’s AFL stock options?
The employee stock option exercised by Steven Kent Beaver had an exercise price of $35.52 per share for 5,508 underlying AFL shares. The option was structured to vest in tranches on 02/14/2018, 02/14/2019, and 02/14/2020, according to the disclosed footnote.
Did Steven Kent Beaver retain any AFL stock options after this transaction?
The Form 4 indicates that the specific employee stock option covering 5,508 shares now has a remaining balance of 0. The derivative summary is empty, and the option line shows 0.0000 derivative securities following the exercise, meaning that particular grant was fully exercised.
AI-generated analysis. How Rhea-AI works. Not financial advice.
