Japan Post Holdings Co., Ltd. 4
4 · AFLAC INC · Filed Jun 15, 2026
Research Summary
AI-generated summary of this filing
Aflac (AFL) 10% Owner Japan Post Sells $5.68M of Shares
What Happened
Japan Post Holdings Co., Ltd., reported as a 10% owner, sold a total of 48,500 shares of Aflac Inc. common stock in open-market/private sales on June 11, 2026. The filing lists two dispositions: 22,268 shares at $116.62 each (≈ $2,596,894) and 26,232 shares at $117.69 each (≈ $3,087,244), for a combined proceeds of about $5,684,138. These are outright sales (S) and typically represent routine portfolio/institutional selling rather than an executive insider purchase.
Key Details
- Transaction dates: June 11, 2026 (both sales). Filing date: June 15, 2026 (timely within SEC Form 4 rules).
- Reported prices and totals: 22,268 @ $116.62 = $2,596,894; 26,232 @ $117.69 = $3,087,244; combined ≈ $5.68M.
- Weighted-price ranges noted in footnotes: one sale group reported weighted-average range $116.31–$117.31 (F1); the other $117.32–$118.17 (F3). The filer can provide per-price breakdown on request.
- Shares owned after the transaction: not included in the provided excerpt of the filing.
- Beneficial-ownership note (F2): the reported 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 as the trust's sole settlor and beneficiary; other parties named disclaim beneficial ownership except for any pecuniary interest.
Context
- This filing reflects institutional selling by a 10% owner (Japan Post) via a trust structure, not an executive-level trade. Such sales can be driven by portfolio management and do not alone indicate company-specific sentiment.
- No options, gifts, or tax-withholding events are involved — these were straight disposals.
Insider Transaction Report
Form 4
AFLAC INCAFL
Japan Post Holdings Co., Ltd.
10% Owner
Transactions
- Sale
Common Stock
[F1][F2]2026-06-11$116.62/sh−22,268$2,596,894→ 51,093,967 total(indirect: See footnote) - Sale
Common Stock
[F3][F2]2026-06-11$117.69/sh−26,232$3,087,244→ 51,067,735 total(indirect: See footnote)
Footnotes (3)
- [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 $116.31 to $117.31 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 $117.32 to $118.17 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.
Signature
/s/ Yuki Takemura, Senior General Manager, as attorney-in-fact for Nobuyasu Kato|2026-06-15