[SCHEDULE 13D/A] Corebridge Financial, Inc. Amended Major Shareholder Report
Rhea-AI Filing Summary
Nippon Life Insurance Company filed an amended Schedule 13D reporting its updated ownership in Corebridge Financial, Inc. after Corebridge’s share repurchases reduced shares outstanding. Nippon Life now beneficially owns 121,992,994 shares of Corebridge common stock, representing 25.3% of the class.
This total includes 121,956,256 shares held directly by Nippon Life and 36,738 shares held by its wholly owned subsidiary, Nissay Asset Management Corporation. The percentage is based on 481,685,891 Corebridge shares outstanding as of February 6, 2026, as disclosed in Corebridge’s Form 10-K.
Positive
- None.
Negative
- None.
Insights
Nippon Life reports a 25.3% Corebridge stake driven by issuer buybacks.
Nippon Life Insurance Company now reports beneficial ownership of 121,992,994 Corebridge shares, equal to
The filing specifies that the stake comprises shares held directly by Nippon Life and by its wholly owned subsidiary Nissay Asset Management Corporation. The ownership percentage is calculated using 481,685,891 shares outstanding as of
This amendment mainly updates ownership calculations rather than signaling new share purchases or sales by Nippon Life. Any governance impact depends on how this more than one-quarter stake is exercised, which is not addressed in the provided excerpt.