Corebridge: Nippon Life buys 272,208 shares
The weighted-average prices reflect transactions at prices ranging from $32.29 to $33.28 and from $33.29 to $33.64, inclusive.
Sentiment and the balance of points
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Form Type
4
Rhea-AI Filing Summary
Nippon Life Insurance Co., a ten percent owner of Corebridge Financial, Inc. (CRBD), reported two direct Common Stock purchases on October 1, 2026: 152,573 shares at a weighted average price of $32.7781 per share and 119,635 shares at $33.4469 per share. The purchases were made pursuant to a Rule 10b5-1 plan adopted on August 7, 2026. The weighted average prices reflect multiple transactions within respective ranges of $32.29 to $33.28 and $33.29 to $33.64, inclusive.
Insights
Analyzing...
Insider Trade Summary 10b5-1
Net Buyer: 272,208 shares
Net Buy
2 txns
Insider
NIPPON LIFE INSURANCE CO
Role
10% Owner
Bought
272,208 shs ($9.00M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock F1, F3 | 152,573 | $32.7781 | $5.00M |
| Purchase | Common Stock F1, F2, F4 | 119,635 | $33.4469 | $4.00M |
Holdings After Transaction:
Common Stock — 126,416,895 shares (Direct)
Footnotes (4)
- 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 126,383,624 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 $32.29 to $33.28, 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.
- F4. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $33.29 to $33.64, 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
Common Stock purchased: 152,573 shares
Weighted average purchase price: $32.7781 per share
Purchase price range: $32.29 to $33.28 per share
+3 more
6 metrics
Common Stock purchased
152,573 shares
October 1, 2026
Weighted average purchase price
$32.7781 per share
152,573-share purchase on October 1, 2026
Purchase price range
$32.29 to $33.28 per share
152,573-share purchase; inclusive
Common Stock purchased
119,635 shares
October 1, 2026
Weighted average purchase price
$33.4469 per share
119,635-share purchase on October 1, 2026
Purchase price range
$33.29 to $33.64 per share
119,635-share purchase; inclusive
Key Terms
Rule 10b5-1 plan, weighted average price, beneficially own
3 terms
Rule 10b5-1 plan regulatory
"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 financial
"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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What were the price ranges for Nippon Life's CRBD purchases?
The 152,573-share purchase involved transactions priced from $32.29 to $33.28, inclusive; the 119,635-share purchase involved transactions priced from $33.29 to $33.64, inclusive.
AI-generated analysis. How Rhea-AI works. Not financial advice.
