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Aflac (NYSE: AFL) director Moskowitz sells 600 shares under 10b5-1 plan

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

AFLAC INC board member Joseph L. Moskowitz reported an open-market sale of Common Stock. On March 9, 2026, he sold 600 shares at an average price of $110.09 per share. After this transaction, he directly owns 24,247 AFLAC shares.

The sale was carried out under a pre-arranged Rule 10b5-1 trading plan adopted on December 4, 2025, indicating the trade was scheduled in advance rather than timed discretionarily.

Positive

  • None.

Negative

  • None.
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).
X
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*
MOSKOWITZ JOSEPH L

(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)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
03/09/2026
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 03/09/2026 S 600(1) D $110.09 24,247 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. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person dated as of December 4, 2025.
Remarks:
By: Brooke R. Phillips For: Joseph L. Moskowitz 03/11/2026
** 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.

FAQ

What insider transaction did AFL (AFLAC INC) report for Joseph L. Moskowitz?

AFLAC INC reported that director Joseph L. Moskowitz sold 600 shares of Common Stock in an open-market transaction. The sale occurred on March 9, 2026 at an average price of $110.09 per share.

How many AFLAC (AFL) shares does Joseph L. Moskowitz hold after this Form 4 sale?

After selling 600 shares, Joseph L. Moskowitz directly owns 24,247 AFLAC INC Common Stock shares. This post-transaction holding is disclosed in the Form 4 as the total shares beneficially owned following the reported trade.

Was Joseph L. Moskowitz’s AFL (AFLAC INC) stock sale pre-planned?

Yes. The filing states the sales were effected under a Rule 10b5-1 trading plan adopted by Joseph L. Moskowitz on December 4, 2025. Such plans schedule trades in advance and are designed to reduce concerns about trade timing.

What was the sale price for Joseph L. Moskowitz’s AFL (AFLAC) shares?

Joseph L. Moskowitz sold 600 shares of AFLAC INC Common Stock at an average price of $110.09 per share. This price reflects the reported transaction value for the open-market sale disclosed in the Form 4.

What type of transaction is reported in this AFL (AFLAC INC) Form 4?

The Form 4 reports a non-derivative open-market sale of AFLAC INC Common Stock by director Joseph L. Moskowitz. The transaction code is “S,” which indicates a sale in an open market or private transaction.
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