BOWERS WILLIAM P 4

What Happened William P. Bowers, a director of AFLAC Inc., was granted 3,795 shares on May 4, 2026. The Form 4 shows the acquisition price as $0.00 (i.e., the shares were awarded rather than purchased for cash). The award was granted under the Aflac Incorporated Long‑Term Incentive Plan (see footnote).

Key Details

• Transaction date: 2026-05-04
• Transaction type: Award/grant (code A); 3,795 shares acquired at $0.00
• Shares owned after transaction: Not specified in the provided filing data
• Footnote: Granted under the Aflac Incorporated Long-Term Incentive Plan (as Amended and Restated February 14, 2017)
• Filing timeliness: Reported on 2026-05-06 (filed two days after the transaction), which appears timely under standard Form 4 reporting rules

Context Grants under a company's long-term incentive plan are typically compensation (restricted stock, performance shares, or similar) and often vest over time; they do not necessarily indicate immediate buying or selling intent. Such awards are common for directors as part of pay packages and should be interpreted as compensation rather than a direct market sentiment signal.