STOCK TITAN

Corebridge holder Nippon Life buys about $160M in stock

Nippon Life’s reported 29.4% position is based on 445,772,522 Corebridge shares outstanding as of July 31, 2026.

(Moderate)

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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
SCHEDULE 13D/A

Rhea-AI Filing Summary

Corebridge Financial, Inc. (CRBD) reported that Nippon Life Insurance Company purchased 4,658,665 shares of its common stock in open-market transactions from October 5, 2026, through October 23, 2026, under the previously disclosed 10b5-1 Trading Plan. The purchases had approximately $159,990,457 in aggregate consideration, funded with Nippon Life’s working capital.

Nippon Life reported beneficial ownership of 131,262,715 shares, or 29.4% of the class. Corebridge had 445,772,522 shares outstanding as of July 31, 2026, the figure used for the ownership calculation. Of the beneficially owned shares, 131,229,444 were held of record by Nippon Life and 33,271 by its wholly owned subsidiary, Nissay Asset Management Corporation. General Manager Yohei Miyanaga signed for Nippon Life.

Shares purchased 4,658,665 shares Open-market transactions from October 5, 2026, through October 23, 2026
Aggregate consideration Approximately $159,990,457 Consideration for the reported purchases
Beneficially owned shares 131,262,715 shares Nippon Life’s reported ownership
Percentage of class 29.4% Based on Corebridge shares outstanding as of July 31, 2026
Shares outstanding 445,772,522 shares As of July 31, 2026
10b5-1 Trading Plan regulatory
"pursuant to the previously disclosed 10b5-1 Trading Plan"
A 10b5-1 trading plan is a pre-arranged strategy that allows company insiders to buy or sell company stock at set times, regardless of their current knowledge about the company's situation. It acts like a scheduled appointment for trading, helping prevent the appearance of impropriety or insider trading. This plan provides a way for insiders to sell or buy shares in a controlled, transparent manner, offering reassurance to investors about fair trading practices.
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.
working capital financial
"through working capital"
Working capital is the money a business has available to cover its daily expenses, like paying bills and buying supplies. It’s like the cash in your wallet that helps you handle everyday costs; having enough ensures the business can operate smoothly without running into money shortages.
weighted average price per share financial
"the weighted average price per share"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many CRBD shares did Nippon Life buy?

Nippon Life Insurance Company purchased 4,658,665 shares between October 5, 2026, and October 23, 2026, in open-market transactions under the previously disclosed 10b5-1 Trading Plan.

How much did Nippon Life pay for its CRBD share purchases?

The purchases had approximately $159,990,457 in aggregate consideration. Nippon Life stated that it used working capital to acquire its interests in Corebridge securities.

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

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21871X109

(CUSIP Number)
Yohei Miyanaga
Nippon Life Insurance Company, 3-5-12 Imabashi, Chuo-ku
Osaka, M0, 541-8501
1-332-250-4819

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
10/23/2026

(Date of Event Which Requires Filing of This Statement)


If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).




schemaVersion:


SCHEDULE 13D






SCHEDULE 13D


Nippon Life Insurance Company
Signature:/s/ Yohei Miyanaga
Name/Title:Yohei Miyanaga, General Manager
Date:10/27/2026

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