Japan Post Holdings Co., Ltd. 4
4 · AFLAC INC · Filed Jun 23, 2026
Research Summary
AI-generated summary of this filing
Aflac (AFL) 10% Owner Japan Post Holdings Sells Shares
What Happened
- Japan Post Holdings Co., Ltd. (reported as a 10% owner) sold a total of 27,845 shares of Aflac Inc. (AFL) in open-market transactions on June 22, 2026, generating about $3.25 million in proceeds. The filing reports two disposals: 23,416 shares at a weighted-average price of $116.57 (proceeds $2,729,603) and 4,429 shares at a weighted-average price of $117.46 (proceeds $520,230). Both line items are coded "S" (sale). Sales are typically routine portfolio/institutional transactions and do not necessarily indicate company insiders' views.
Key Details
- Transaction dates: 2026-06-22 (filed on 2026-06-23; filing appears timely).
- Reported sale amounts/prices:
- 23,416 shares at weighted avg $116.57 (price range reported $116.18–$117.18 per footnote).
- 4,429 shares at weighted avg $117.46 (price range reported $117.20–$117.72 per footnote).
- Total shares sold: 27,845; total proceeds ≈ $3,249,833.
- Shares owned after transaction: not specified in the information provided.
- Footnote on ownership structure: the shares are held directly by J&A Alliance Holdings as trustee of the J&A Alliance Trust; General Incorporated Association J&A Alliance and two individuals (Kenji Sano and Tetsuya Numaguchi) may be deemed to beneficially own for disclosure purposes, and Japan Post may be deemed to beneficially own due to its role as sole settlor and beneficiary — each party expressly disclaims beneficial ownership except to the extent of pecuniary interest.
Context
- This filing involves a large institutional/beneficial owner (a reported 10% holder), not an Aflac executive. Institutional sales are often rebalancing or liquidity actions and should be interpreted differently than insider purchases. The filing includes weighted-average prices and ranges (see footnotes) and does not indicate options exercise, awards, or gifts.
Insider Transaction Report
Form 4Exit
AFLAC INCAFL
Japan Post Holdings Co., Ltd.
10% Owner
Transactions
- Sale
Common Stock
[F1][F2]2026-06-22$116.57/sh−23,416$2,729,603→ 50,902,919 total(indirect: See footnote) - Sale
Common Stock
[F3][F2]2026-06-22$117.46/sh−4,429$520,230→ 50,898,490 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 $116.18 to $117.18 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 $117.20 to $117.72 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|2026-06-23