Japan Post Holdings Co., Ltd. 4

What Happened
Japan Post Holdings Co., Ltd. (reported as a 10% owner) sold a total of 30,000 shares of Aflac Inc. common stock in two disposals on June 16, 2026, generating about $3,521,756 in proceeds. The filing lists: 21,716 shares at $117.24 (proceeds $2,545,984) and 8,284 shares at $117.79 (proceeds $975,772). Both transactions are reported as open-market or private sales (code S).

Key Details

• Transaction date: 2026-06-16; Filing date: 2026-06-18 (filed within typical Form 4 timing).
• Reported amounts: 21,716 shares @ $117.24; 8,284 shares @ $117.79; total 30,000 shares; total proceeds ≈ $3,521,756.
• Price notes: filing footnotes state the sales occurred in multiple trades with weighted-average price ranges of $116.49–$117.48 and $117.50–$118.15; the reporter can provide per-price breakdown on request.
• Ownership structure: the reported shares are held directly by J&A Alliance Holdings as trustee of the J&A Alliance Trust; various parties (General Incorporated Association J&A Alliance, Kenji Sano, Tetsuya Numaguchi) and Japan Post are described in footnote disclosures and disclaim beneficial ownership except to the extent of pecuniary interest.
• Shares owned after the transaction: not specified in the provided filing extract.
• Transaction type: Dispositions by a 10% owner (institutional), not an individual officer or director.

Context
This filing documents institutional sales by a significant shareholder (10% owner). Such disposals can reflect portfolio or trust-level decisions and do not carry the same interpretive weight as insider purchases by company executives. The filing is factual and timely; it does not state a motive.