Miller Virgil Raynard 4

What Happened
Virgil Miller, President of Aflac Inc. and U.S., received a grant of 23,620 shares (awarded at $0.00 per share) on 2026-02-10. To satisfy tax withholding related to the award, 9,274 shares were withheld/disposed at $113.20 per share, generating proceeds/value of $1,049,817. The primary action is an equity award (not an open-market purchase); the withheld shares reflect a tax withholding event.

Key Details

• Transaction date: 2026-02-10.
• Award: 23,620 shares granted (reported at $0.00 per share).
• Withholding/disposition: 9,274 shares at $113.20 each = $1,049,817 (code F = tax withholding).
• Footnote: Award granted under the Aflac Incorporated Long-Term Incentive Plan (Amended and Restated February 14, 2017).
• Shares owned after the reported transaction: not specified in this filing.
• Filing timeliness: no late filing flag noted in the provided data.

Context
This appears to be a standard long-term incentive award with a portion of shares withheld to cover tax obligations (common practice for restricted stock/RSU vesting). Withholding or surrendering shares for taxes is administrative and not the same as an open-market sale that signals a deliberate liquidity event.