LAKE CHARLES D II 4
Research Summary
AI-generated summary
Aflac (AFL) Chairman Lake Charles D II Sells 6,500 Shares
What Happened
Lake Charles D II, Chairman & Representative Director (ALIJ) of Aflac Inc. (AFL), disposed of 6,500 shares in open-market sales on May 5, 2026. The weighted average sale price was $113.43 per share, for total proceeds of approximately $737,308. The filing shows the shares were sold in multiple transactions with prices ranging from $113.43 to $113.49.
Key Details
- Transaction type: Sale (S) — open market/private sale
- Transaction date: 2026-05-05; Form 4 filed: 2026-05-07 (filed within the typical two-business-day window)
- Price: Weighted average $113.43; price range $113.43–$113.49 (see footnote)
- Shares sold: 6,500; proceeds ≈ $737,308
- Shares owned after transaction: Not disclosed in this filing
- Footnote: Reporting person will provide, on request, the number of shares sold at each separate price (F1)
- No 10b5‑1 plan, option exercise, gift, or tax-withholding noted in this filing
Context
This was a direct sale of existing shares — sales are common among insiders for liquidity or portfolio reasons and do not by themselves signal a change in company fundamentals. Purchases generally carry more informational weight for retail investors. The Form 4 was filed promptly (within the standard reporting window).