Corebridge holder Nippon Life buys 174,760 shares
A 10% owner increased its Corebridge stake under a Rule 10b5-1 trading plan, bringing total beneficial ownership above 123 million shares.
Rhea-AI Filing Summary
Corebridge Financial, Inc. (CRBD) reported that major shareholder Nippon Life Insurance Co purchased 174,760 shares of common stock on September 17, 2026 in an open-market or private transaction at a weighted average price of $35.20 per share, under a Rule 10b5-1 trading plan. Following this purchase, Nippon Life and its subsidiary together beneficially own 123,475,852 shares of Corebridge common stock.
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Insider Trade Summary 10b5-1
Net Buyer: 174,760 shares
Net Buy
1 txn
Insider
NIPPON LIFE INSURANCE CO
Role
10% Owner
Bought
174,760 shs ($6.15M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock F1, F2, F3 | 174,760 | $35.1953 | $6.15M |
Holdings After Transaction:
Common Stock — 123,475,852 shares (Direct)
Footnotes (3)
- F1. The purchases reported herein were effected pursuant to a Rule 10b5-1 plan adopted by the Reporting Person on August 7, 2026.
- F2. Includes 123,442,581 shares held of record by the Reporting Person and 33,271 shares held of record by Nissay Asset Management Corporation, a direct wholly owned subsidiary of the Reporting Person, which the Reporting Person may be deemed to beneficially own.
- F3. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $34.83 to $35.60, inclusive. 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 purchased at each separate price within the range set forth herein.
Key Figures
Shares purchased: 174,760 shares
Weighted average purchase price: $35.1953 per share
Purchase price range: $34.83–$35.60 per share
+4 more
7 metrics
Shares purchased
174,760 shares
Common stock bought on September 17, 2026
Weighted average purchase price
$35.1953 per share
Average price for the September 17, 2026 transactions
Purchase price range
$34.83–$35.60 per share
Range of prices for the multiple trades on September 17, 2026
Shares held directly by Nippon Life
123,442,581 shares
Corebridge common stock held of record by Nippon Life
Shares held by Nissay Asset Management
33,271 shares
Corebridge common stock held of record by Nippon Life’s wholly owned subsidiary
Total shares beneficially owned after transaction
123,475,852 shares
Corebridge common stock beneficially owned by Nippon Life and subsidiary after purchase
Rule 10b5-1 plan adoption date
August 7, 2026
Date Nippon Life adopted the trading plan used for these purchases
Key Terms
Rule 10b5-1 plan, weighted average price, beneficially own, ten percent owner
4 terms
Rule 10b5-1 plan regulatory
"purchases reported herein were effected pursuant to a Rule 10b5-1 plan"
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
beneficially own regulatory
"which the Reporting Person may be deemed to beneficially own."
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.
ten percent owner regulatory
"identified as a ten percent owner of the Issuer"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Nippon Life report for Corebridge Financial (CRBD)?
Nippon Life Insurance Co reported buying 174,760 shares of Corebridge Financial common stock on September 17, 2026, in an open-market or private purchase at a weighted average price of $35.20 per share.
AI-generated analysis. How Rhea-AI works. Not financial advice.