Corebridge 10% holder buys 176K shares at $34
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
Corebridge Financial, Inc. (CRBD) reported that major shareholder Nippon Life Insurance Co, a more-than-10% owner, purchased 176,300 shares of common stock on September 10, 2026 in open-market transactions at a weighted average price of $34.0098 per share under a Rule 10b5-1 plan. Following these purchases, Nippon Life and its wholly owned subsidiary together beneficially own 122,302,293 shares of Corebridge common stock.
Insider Trade Summary 10b5-1
Net Buyer: 176,300 shares
Net Buy
1 txn
Insider
NIPPON LIFE INSURANCE CO
Role
10% Owner
Bought
176,300 shs ($6.00M)
Increase in Position
0.14%
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock F1, F2, F3 | 176,300 | $34.0098 | $6.00M |
Holdings After Transaction:
Common Stock — 122,302,293 shares (Direct)
Holdings Before and After:
Common Stock, 122,125,993 to 122,302,293 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 122,269,022 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 $33.75 to $34.33, 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: 176,300 shares
Weighted average purchase price: $34.0098 per share
Price range of trades: $33.75–$34.33 per share
+4 more
7 metrics
Shares purchased
176,300 shares
Open-market purchase of Corebridge common stock on September 10, 2026
Weighted average purchase price
$34.0098 per share
Average price paid for the 176,300 purchased shares
Price range of trades
$33.75–$34.33 per share
Range of prices for multiple transactions included in the reported purchase
Shares beneficially owned after transaction
122,302,293 shares
Total Corebridge common shares beneficially owned by Nippon Life and its subsidiary after the purchase
Shares held directly by Nippon Life
122,269,022 shares
Portion of the post-transaction holdings held of record by Nippon Life Insurance Co
Shares held by subsidiary
33,271 shares
Shares held of record by Nissay Asset Management Corporation, a wholly owned subsidiary of Nippon Life
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
3 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did CRBD disclose in this Form 4?
Corebridge Financial disclosed that Nippon Life Insurance Co, a more-than-10% shareholder, purchased 176,300 shares of Corebridge common stock on September 10, 2026 in an open-market transaction at a weighted average price of $34.0098 per share.
Was the CRBD insider purchase made under a Rule 10b5-1 plan?
Yes. The filing states the purchases were effected under a Rule 10b5-1 plan adopted by Nippon Life Insurance Co on August 7, 2026, and the Form 4 indicates the Rule 10b5-1 checkbox is affirmed for this transaction.
Who is the reporting person in this CRBD Form 4 and what is their status?
The reporting person is Nippon Life Insurance Co. In the filing, it is identified as a more-than-10% beneficial owner of Corebridge Financial, Inc., and not as a director or officer of the company.
AI-generated analysis. How Rhea-AI works. Not financial advice.
