Japan Post Holdings Co., Ltd. 4
4 · AFLAC INC · Filed Jun 11, 2026
Research Summary
AI-generated summary of this filing
Aflac (AFL) 10% Owner Japan Post Holdings Sells 12,800 Shares
What Happened Japan Post Holdings (reported as a 10% owner) sold a total of 12,800 shares of Aflac Inc. (AFL) in open-market/private sales on June 9, 2026. The filing reports three tranches: 7,238 shares at a weighted-average $115.21 ($833,890), 5,463 shares at $115.71 ($632,124), and 99 shares at $116.51 ($11,534). These were sales (code S), producing aggregate proceeds of approximately $1,477,548. Sales by large institutional holders are often portfolio or trust-management actions rather than insider bets on the business.
Key Details
- Transaction dates and reported prices: 2026-06-09 — 7,238 @ $115.21; 5,463 @ $115.71; 99 @ $116.51.
- Total proceeds: about $1,477,548.
- Shares owned after transaction: not specified in the provided filing.
- Footnotes: Prices are weighted averages across multiple trades; detailed per-trade price breakdowns are available from the filer or SEC staff on request (see F1, F3, F4). The securities are held directly by J&A Alliance Holdings as trustee of the J&A Alliance Trust; Japan Post may be deemed to beneficially own the shares due to its role with the trust but disclaims beneficial ownership except to the extent of any pecuniary interest (see F2).
- Filing timeliness: Transaction date 6/9/2026; filing dated 6/11/2026 — appears to be filed within the usual Section 16 reporting window.
Context This report involves a 10% institutional owner/trust relationship, not a company executive. Such sales frequently reflect institutional rebalancing or trust instructions and do not by themselves indicate management sentiment about the company. The filing notes the trades occurred in multiple executions at prices within disclosed ranges; the filer can provide the exact allocation of shares to each price on request.
Insider Transaction Report
- Sale
Common Stock
[F1][F2]2026-06-09$115.21/sh−7,238$833,890→ 51,148,297 total(indirect: See footnote) - Sale
Common Stock
[F3][F2]2026-06-09$115.71/sh−5,463$632,124→ 51,142,834 total(indirect: See footnote) - Sale
Common Stock
[F4][F2]2026-06-09$116.51/sh−99$11,534→ 51,142,735 total(indirect: See footnote)
Footnotes (4)
- [F1]The price reported represents the weighted average price of shares of Common Stock of Aflac Inc. (the "Issuer") sold in multiple transactions at prices ranging from $114.455 to $115.45 per share. The reporting person will provide to the Issuer, or the Securities and Exchange Commission staff, upon request, information regarding the number of shares sold at each price within the range.
- [F2]The reported securities are held directly by J&A Alliance Holdings Corporation ("J&A Holdings"), in its capacity as the trustee of the J&A Alliance Trust (the "Trust"). General Incorporated Association J&A Alliance ("General Incorporated"), Kenji Sano and Tetsuya Numaguchi each may be deemed to beneficially own the securities held by J&A Holdings (in its capacity as trustee of the Trust) because (i) General Incorporated owns J&A Holdings and (ii) Kenji Sano and Tetsuya Numaguchi each own 50% of the equity interests in General Incorporated. Japan Post Holdings Co., Ltd. ("Japan Post") may be deemed to beneficially own the shares of common stock owned directly by J&A Holdings, in its capacity as the trustee of the Trust, due to its role as the sole settlor and beneficiary of the Trust. Each of General Incorporated, Kenji Sano, Tetsuya Numaguchi and Japan Post expressly disclaim beneficial ownership of the reported securities except to the extent of its pecuniary interest therein.
- [F3]The price reported represents the weighted average price of shares of Common Stock of the Issuer sold in multiple transactions at prices ranging from $115.46 to $116.41 per share. The reporting person will provide to the Issuer, or the Securities and Exchange Commission staff, upon request, information regarding the number of shares sold at each price within the range.
- [F4]The price reported represents the weighted average price of shares of Common Stock of the Issuer sold in multiple transactions at prices ranging from $116.47 to $116.54 per share. The reporting person will provide to the Issuer, or the Securities and Exchange Commission staff, upon request, information regarding the number of shares sold at each price within the range.