[Form 4] AFLAC INC Insider Trading Activity

Rhea-AI Filing Summary

Aflac Inc. officer reports stock option exercise and share sale

A senior executive vice president of Aflac Inc. (AFL) reported a same-day stock option exercise and sale. On 11/18/2025, the officer exercised an employee stock option to acquire 15,862 shares of Aflac common stock at an exercise price of $28.965 per share, then sold 15,862 shares of common stock at a price of $112 per share. After these transactions, the officer directly owned 230,688 shares of Aflac common stock, with additional indirect holdings of 17,899 shares through a 401(k) plan and 9 shares held by children.

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^*

TILLMAN AUDREY B

(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)
	Sr. Executive Vice President

3. Date of Earliest Transaction (Month/Day/Year)
11/18/2025

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	11/18/2025		M		15,862	A	$28.965	246,550	D
Common Stock	11/18/2025		S		15,862	D	$112	230,688	D
Common Stock								17,899	I	401(K) Plan
Common Stock								9	I	By Children

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
Employee Stock Option (right to buy)	$28.965	11/18/2025		M			15,862	02/09/2019	02/09/2026	Common Stock	15,862	$0	0	D

Explanation of Responses:

Remarks:

	By: Brooke R. Phillips For: Audrey B. Tillman	11/20/2025
	** 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 on this Form 4?

The senior executive vice president of Aflac Inc. (AFL) reported exercising an employee stock option for 15,862 shares and selling 15,862 shares of common stock on 11/18/2025.

At what prices did the AFL executive exercise options and sell shares?

The employee stock option was exercised at an exercise price of $28.965 per share, and 15,862 shares of Aflac common stock were sold at $112 per share.

How many AFL shares does the reporting person own after the transaction?

Following the reported transactions, the executive owned 230,688 shares of Aflac common stock directly, plus 17,899 shares indirectly through a 401(k) plan and 9 shares held by children.

What derivative security did the AFL executive exercise?

The executive exercised an employee stock option (right to buy) covering 15,862 shares of Aflac common stock at an exercise price of $28.965 per share, with an expiration date of 02/09/2026.

What is the executive’s role at AFL mentioned in this filing?

The reporting person is identified as an officer of Aflac Inc., holding the title of Senior Executive Vice President.

Is this AFL Form 4 filed by one or multiple reporting persons?

The Form 4 is indicated as being filed by one reporting person, not by a group.