[Form 4] AFLAC INC Insider Trading Activity

Rhea-AI Filing Summary

Frederic Simard, listed as EVP, COO & CFO, Aflac U.S., reported a sale of 493 shares of AFL common stock on 09/15/2025 at a price of $108.41 per share. After the sale he beneficially owns 3,086 shares directly and holds 589 shares indirectly through a 401(k) plan. The Form 4 was signed on 09/17/2025.

Positive

• Transaction disclosure filed promptly (trade 09/15/2025, form signed 09/17/2025).
• Clear breakdown of holdings: 3,086 shares direct and 589 shares indirect via a 401(k) plan.

Negative

• Disposition of shares: the reporting person sold 493 shares, reducing direct holdings.
• No information provided on whether the sale was part of a pre-arranged trading plan.

Insights

Securities Analyst

TL;DR: An officer sold a small block of shares; holdings remain modest.

The filing shows a single non-derivative sale of 493 shares at $108.41 on 09/15/2025, leaving 3,086 shares held directly and 589 indirectly via a 401(k). The disclosed transaction size appears small relative to typical executive holdings; there are no derivative transactions or other material changes reported.

Corporate Governance Expert

TL;DR: Disclosure was filed promptly; transaction is routine insider activity.

The Form 4 records a routine disposition by an executive and includes an electronic signature date of 09/17/2025, two days after the trade date. No amendments, option exercises, or related-party transfers are shown, and the indirect holding is limited to a 401(k) plan.

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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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^*

Simard Frederic Jean Guy

(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)
	EVP, COO & CFO, Aflac U.S.

3. Date of Earliest Transaction (Month/Day/Year)
09/15/2025

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	09/15/2025		F		493	D	$108.41	3,086	D
Common Stock								589	I	401(K) Plan

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:

Remarks:

	By: Brooke R. Phillips For: Frederic Simard	09/17/2025
	** 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 insider transaction did AFL (AFLAC INC) report?

The Form 4 reports that Frederic Simard sold 493 shares of AFL common stock on 09/15/2025 at $108.41 per share.

How many AFL shares does Frederic Simard own after the reported trade?

Following the reported transaction he beneficially owns 3,086 shares directly and holds 589 shares indirectly via a 401(k) plan.

When was the Form 4 for this AFL transaction signed?

The Form 4 bears a signature date of 09/17/2025 (signed by Brooke R. Phillips for Frederic Simard).

Did the filing show any derivative transactions for AFL insiders?

No. Table II shows no derivative securities acquired, disposed of, or beneficially owned in this filing.

What is Frederic Simard's role at AFL as listed on the Form 4?

He is identified as EVP, COO & CFO, Aflac U.S. on the Form 4.