Corebridge Financial: Nippon Life buys 348K shares
Both reported purchases were made under a Rule 10b5-1 plan adopted on August 7, 2026.
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) ten-percent owner Nippon Life Insurance Co. purchased 7,901 shares of common stock on November 3, 2026, at a weighted average price of $35.3480 per share, and 348,195 shares at a weighted average price of $36.1471 per share. Both purchases were made under a Rule 10b5-1 plan adopted on August 7, 2026. The weighted average prices reflect multiple transactions within respective ranges of $34.73 to $35.725 and $35.73 to $36.55, inclusive.
Insider Trade Summary 10b5-1
Net Buyer: 356,096 shares
Net Buy
2 txns
Insider
NIPPON LIFE INSURANCE CO
Role
10% Owner
Bought
356,096 shs ($12.87M)
Increase in Position
0.27%
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock F1, F3 | 7,901 | $35.348 | $279K |
| Purchase | Common Stock F1, F2, F4 | 348,195 | $36.1471 | $12.59M |
Holdings After Transaction:
Common Stock — 132,890,209 shares (Direct)
Holdings Before and After:
Common Stock, 132,534,113 to 132,890,209 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 132,856,938 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 $34.73 to $35.725, 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 $35.73 to $36.55, 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: 7,901 shares
Weighted average purchase price: $35.3480 per share
Transaction price range: $34.73 to $35.725 per share, inclusive
+3 more
6 metrics
Shares purchased
7,901 shares
Purchase on November 3, 2026
Weighted average purchase price
$35.3480 per share
7,901-share purchase on November 3, 2026
Transaction price range
$34.73 to $35.725 per share, inclusive
7,901-share purchase
Shares purchased
348,195 shares
Purchase on November 3, 2026
Weighted average purchase price
$36.1471 per share
348,195-share purchase on November 3, 2026
Transaction price range
$35.73 to $36.55 per share, inclusive
348,195-share purchase
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 financial
"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.
When was the Rule 10b5-1 plan for Nippon Life's CRBD purchases adopted?
The Rule 10b5-1 plan was adopted on August 7, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.
