Corebridge Financial: Nippon Life buys 219,273 shares
The purchases were made under a Rule 10b5-1 plan adopted August 7, 2026, with transaction prices ranging from $33.73 to $34.32.
Rhea-AI Filing Summary
Corebridge Financial, Inc. ten percent owner Nippon Life Insurance Co. purchased 219,273 shares of common stock on September 23, 2026, at a weighted average price of $34.134 per share. The purchases were made under a Rule 10b5-1 plan adopted on August 7, 2026; transaction prices ranged from $33.73 to $34.32, inclusive. Nippon Life reported a resulting position of 124,336,154 shares.
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Insights
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Insider Trade Summary 10b5-1
Net Buyer: 219,273 shares
Net Buy
1 txn
Insider
NIPPON LIFE INSURANCE CO
Role
10% Owner
Bought
219,273 shs ($7.48M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock F1, F2, F3 | 219,273 | $34.134 | $7.48M |
Holdings After Transaction:
Common Stock — 124,336,154 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 124,302,883 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 $33.73 to $34.32, 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: 219,273 shares
Weighted average purchase price: $34.134 per share
Purchase price range: $33.73 to $34.32 per share
+1 more
4 metrics
Shares purchased
219,273 shares
September 23, 2026
Weighted average purchase price
$34.134 per share
Purchases on September 23, 2026
Purchase price range
$33.73 to $34.32 per share
Inclusive; multiple transactions
Resulting reported position
124,336,154 shares
Following the purchase
Key Terms
Rule 10b5-1 plan, weighted average price, held of record, beneficially own
4 terms
Rule 10b5-1 plan regulatory
"pursuant to a Rule 10b5-1 plan adopted"
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.
held of record financial
"shares held of record by the Reporting Person"
beneficially own regulatory
"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.
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