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Corebridge: Nippon Life buys 736,814 shares

The ten-percent owner's purchases followed a Rule 10b5-1 plan adopted on August 7, 2026.

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Form Type
4

Rhea-AI Filing Summary

Nippon Life Insurance Co., a ten-percent owner of Corebridge Financial, Inc. (CRBD), made two direct purchases of common stock on September 28, 2026: 736,814 shares at a weighted-average price of $34.0962 per share and 68,968 shares at a weighted-average price of $34.7561 per share. Both purchases were made under a Rule 10b5-1 plan adopted on August 7, 2026.

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Insider NIPPON LIFE INSURANCE CO
Role 10% Owner
Bought 805,782 shs ($27.52M)
Type Security Shares Price Value
Purchase Common Stock F1, F3 736,814 $34.0962 $25.12M
Purchase Common Stock F1, F2, F4 68,968 $34.7561 $2.40M
Holdings After Transaction: Common Stock — 125,579,654 shares (Direct)
Footnotes (4)
  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 125,546,383 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 $33.64 to $34.635, 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.
  4. F4. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $34.64 to $35.03, 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 736,814 shares September 28, 2026 purchase
Weighted-average purchase price $34.0962 per share For the 736,814 shares purchased September 28, 2026
Shares purchased 68,968 shares September 28, 2026 purchase
Weighted-average purchase price $34.7561 per share For the 68,968 shares purchased September 28, 2026
Shares held of record 125,546,383 shares Held of record by Nippon Life Insurance Co., as stated in the ownership footnote
Shares held of record by subsidiary 33,271 shares Held of record by Nissay Asset Management Corporation; Nippon Life Insurance Co. may be deemed to beneficially own them
Rule 10b5-1 plan regulatory
"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.

How many CRBD shares did Nippon Life Insurance Co. buy?

Nippon Life Insurance Co. purchased 736,814 shares at a weighted-average price of $34.0962 per share and 68,968 shares at a weighted-average price of $34.7561 per share on September 28, 2026. Both purchases were made under a Rule 10b5-1 plan adopted on August 7, 2026.

What price ranges did Nippon Life Insurance Co.'s CRBD purchases cover?

The 736,814-share purchase covered prices from $33.64 to $34.635, inclusive; the 68,968-share purchase covered prices from $34.64 to $35.03, inclusive. The reported per-share prices are weighted averages. Both purchases occurred on September 28, 2026.

What shareholdings does the ownership footnote describe for Nippon Life Insurance Co.?

The ownership footnote describes 125,546,383 shares held of record by Nippon Life Insurance Co. and 33,271 shares held of record by Nissay Asset Management Corporation, its direct wholly owned subsidiary. Nippon Life Insurance Co. may be deemed to beneficially own the subsidiary's shares.

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)
09/28/2026
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 Stock09/28/2026P(1)736,814A$34.0962(3)125,510,686D
Common Stock09/28/2026P(1)68,968(2)A$34.7561(4)125,579,654D
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 125,546,383 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 $33.64 to $34.635, 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.
4. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $34.64 to $35.03, 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 Manager09/30/2026
** 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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