Broden Max 4

What Happened

• Max Broden, Senior EVP and Chief Financial Officer of AFLAC Inc., had 12 shares withheld on 2026-02-13 to satisfy tax withholding related to an equity award/option exercise. The shares were valued at $114.91 each for a total of roughly $1,379. This was a tax-withholding disposition (code F), not an open-market sale.

Key Details

• Transaction date: 2026-02-13; Price per share: $114.91; Shares withheld/disposed: 12; Total value: ~$1,379.
• Transaction code: F — payment of exercise price or tax liability (share withholding to cover taxes).
• Filing date / Period of Report: Filed 2026-02-17 for period ending 2026-02-13. Filing appears timely under Form 4 rules.
• Shares owned after transaction: Not reported in the provided excerpt.
• This was a withholding for taxes (not a market sale) and is typically a routine administrative step following an option exercise.

Context

• For retail investors: tax withholding of shares after an option exercise is common and generally not an indicator of a change in insider sentiment. The small size (~$1.4k) here makes this a routine transaction rather than a material buy or sell signal.