BEAVER STEVEN KENT 4

What Happened Steven K. Beaver, EVP and CFO for Aflac Japan, received equity awards under Aflac’s long-term incentive plan that resulted in two grants totaling 13,190 shares (11,032 and 2,158) on Feb 10, 2026 (grants reported at $0.00 per share). To cover tax withholding obligations tied to the awards, 3,646 shares were surrendered/withheld at $113.20 per share, netting a withholding value of $412,727. This was an award/vesting event with shares withheld for taxes—not an open-market sale or purchase.

Key Details

• Transaction date: 2026-02-10; Form 4 filed 2026-02-12 (timely filing).
• Awards: 11,032 shares and 2,158 shares granted (codes: A — award/grant).
• Tax withholding: 3,646 shares withheld at $113.20 per share, total $412,727 (code F — payment of exercise price or tax liability).
• Shares owned after the transaction: not specified in the provided filing details.
• Footnote: Grants made under the Aflac Incorporated Long-Term Incentive Plan (as Amended and Restated February 14, 2017).

Context This appears to be a standard equity award/vesting event with a net settlement (company withholding shares to satisfy tax obligations). Such withholding transactions are routine administrative actions and do not necessarily signal a change in insider sentiment; they are distinct from market sales or deliberate disposals.