STOCK TITAN

Corebridge holder Nippon Life buys 210,903 shares

Ten percent owner Nippon Life Insurance Co. increased its Corebridge Financial stake through a pre-arranged Rule 10b5-1 share purchase.

(Very High)
(Very Positive)
Form Type
4

Rhea-AI Filing Summary

Corebridge Financial, Inc. (CRBD) had a large shareholder, Nippon Life Insurance Co., report the purchase of additional common stock. On September 15, 2026, Nippon Life bought 210,903 shares of Corebridge common stock at a weighted average price of $35.0199 per share, in multiple trades ranging from $34.76 to $35.38. After this purchase, Nippon Life reported beneficial ownership of 122,980,307 shares, including 122,947,036 shares held directly and 33,271 shares held by Nissay Asset Management Corporation, its wholly owned subsidiary, which Nippon Life may be deemed to beneficially own. The filing states that these purchases were made pursuant to a Rule 10b5-1 trading plan adopted on August 7, 2026.

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Insights

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Insider NIPPON LIFE INSURANCE CO
Role 10% Owner
Bought 210,903 shs ($7.39M)
Type Security Shares Price Value
Purchase Common Stock F1, F2, F3 210,903 $35.0199 $7.39M
Holdings After Transaction: Common Stock — 122,980,307 shares (Direct)
Footnotes (3)
  1. F1. The purchases reported herein were effected pursuant to a Rule 10b5-1 plan adopted by the Reporting Person on August 7, 2026.
  2. F2. Includes 122,947,036 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.
  3. F3. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $34.76 to $35.38, 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.
Shares purchased 210,903 shares Common stock bought on September 15, 2026 by Nippon Life
Weighted average purchase price $35.0199 per share Weighted average price for the 210,903 shares bought on September 15, 2026
Purchase price range $34.76–$35.38 per share Range of prices across multiple purchase transactions on September 15, 2026
Total shares beneficially owned after transaction 122,980,307 shares Corebridge common stock beneficially owned by Nippon Life after the purchase
Shares held directly by Nippon Life 122,947,036 shares Portion of total beneficial ownership held of record by Nippon Life
Shares held by Nissay Asset Management 33,271 shares Shares held of record by Nissay Asset Management Corporation, a wholly owned subsidiary
Rule 10b5-1 plan adoption date August 7, 2026 Date Nippon Life adopted the trading plan used for these purchases
Rule 10b5-1 plan regulatory
"The purchases reported herein were effected 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.
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.

What transaction did Nippon Life report in the Form 4 for Corebridge Financial (CRBD)?

Nippon Life Insurance Co. reported purchasing 210,903 shares of Corebridge Financial common stock on September 15, 2026 at a weighted average price of $35.0199 per share, executed in multiple transactions within a price range of $34.76 to $35.38.

How many Corebridge Financial (CRBD) shares does Nippon Life beneficially own after this transaction?

After the reported purchase, Nippon Life beneficially owns 122,980,307 shares of Corebridge Financial, including 122,947,036 shares held directly and 33,271 shares held by its wholly owned subsidiary, Nissay Asset Management Corporation.

Was the Corebridge Financial (CRBD) share purchase by Nippon Life under a Rule 10b5-1 plan?

Yes. The Form 4 states that the purchases were effected pursuant to a Rule 10b5-1 trading plan adopted by Nippon Life Insurance Co. on August 7, 2026, indicating the trades were pre-arranged under that plan.

What price did Nippon Life pay for the Corebridge Financial (CRBD) shares?

Nippon Life reported a weighted average purchase price of $35.0199 per share for the 210,903 shares. The shares were bought in multiple transactions at prices ranging from $34.76 to $35.38, inclusive.

How are Nippon Life and Nissay Asset Management involved with Corebridge Financial (CRBD) shares?

Nippon Life holds Corebridge shares directly and may be deemed to beneficially own shares held by Nissay Asset Management Corporation, its direct wholly owned subsidiary. After the transaction, 122,947,036 shares are held by Nippon Life and 33,271 shares by Nissay Asset Management.

What is Nippon Life’s status in relation to Corebridge Financial (CRBD)?

Nippon Life Insurance Co. is identified in the Form 4 as a ten percent owner of Corebridge Financial, Inc., and the reported transaction reflects an additional open-market or private purchase of common stock.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
NIPPON LIFE INSURANCE CO

(Last)(First)(Middle)
3-5-12, IMABASHI, CHUO-KU

(Street)
OSAKA541-8501

(City)(State)(Zip)

JAPAN

(Country)
2. Issuer Name and Ticker or Trading Symbol
Corebridge Financial, Inc. [ CRBG ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
DirectorX10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock09/15/2026P(1)210,903(2)A$35.0199(3)122,980,307D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The purchases reported herein were effected pursuant to a Rule 10b5-1 plan adopted by the Reporting Person on August 7, 2026.
2. Includes 122,947,036 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.
3. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $34.76 to $35.38, 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.
By: /s/ Yohei Miyanaga, General Manager09/17/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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