MOSKOWITZ JOSEPH L 4

What Happened

• Joseph L. Moskowitz, a director of AFLAC Inc. (AFL), sold 600 shares in an open-market transaction on March 9, 2026.
• The shares were sold at $110.09 per share for a total proceeds of $66,054. This was a sale (often a routine liquidity event) rather than a purchase.

Key Details

• Transaction date: 2026-03-09; Price: $110.09 per share; Total value: $66,054.
• Transaction type/code: Open-market sale (S).
• Shares owned after transaction: Not specified in the Form 4 filing.
• Footnote: The sale was made pursuant to a Rule 10b5-1 trading plan adopted by Moskowitz on December 4, 2025 (pre-arranged trading plan).
• Filing: Form 4 filed on 2026-03-11 covering the 2026-03-09 transaction — appears to be filed within the typical 2-business-day window.

Context

• A 10b5-1 plan means the sale was pre-planned and executed under an approved trading arrangement; such sales are generally considered routine and do not necessarily indicate a change in the insider’s view of the company.
• For retail investors, purchases tend to be more informative about insider confidence; routine sales under pre-set plans are common for liquidity or diversification purposes.