TILLMAN AUDREY B 4
Research Summary
AI-generated summary
AFLAC (AFL) Sr. EVP Audrey Tillman Receives Award; Shares Withheld
What Happened
Audrey B. Tillman, Senior Executive Vice President of AFLAC Inc., was granted 50,749 shares under the company's long-term incentive plan on 2026-02-10 (award). On the same date, 21,439 shares were disposed/withheld at $113.20 per share to satisfy a tax liability, generating $2,426,895. The award is noted as granted under the Aflac Incorporated Long-Term Incentive Plan (see footnote F1).
Key Details
- Transaction date: 2026-02-10 (reported on Form 4 filed 2026-02-12). Filing appears timely (filed two days after the transaction).
- Grant: 50,749 shares @ $0.00 (code A — award/grant).
- Withholding/disposal: 21,439 shares @ $113.20 (code F — payment of tax liability) = $2,426,895.
- Shares owned after transaction: not specified in this filing.
- Footnote: F1 — Granted under the Aflac Incorporated Long-Term Incentive Plan (Amended and Restated February 14, 2017).
Context
This appears to be a routine equity award under AFLAC’s long-term incentive plan with shares withheld to cover taxes—a common administrative action that does not necessarily indicate a deliberate market sale for portfolio reasons. For retail investors, purchases are generally more informative than routine tax-withholding disposals; this filing documents an award plus tax-related withholding rather than a voluntary open-market sale.