Corebridge (CRBG) 10% Owner Nippon Life Buys 176,300 Shares

What Happened

• NIPPON LIFE INSURANCE CO., listed as a 10% owner of Corebridge Financial, bought 176,300 shares of Corebridge (CRBG) on 2026-09-10. The weighted-average price was $34.01, for a total reported purchase value of $5,995,928. This was a purchase transaction (code P), which investors often view as more informative than routine sales.

Key Details

• Transaction date and price: 2026-09-10; weighted avg $34.01 (shares bought at prices ranging $33.75–$34.33).
• Shares purchased: 176,300 shares; total value reported: $5,995,928.
• Shares owned after transaction: filing does not explicitly state a post-transaction total; footnote reports the reporting person beneficially holds 122,269,022 shares and an additional 33,271 shares held by its wholly owned subsidiary (total ≈122.30M shares).
• Notable footnotes: purchases were made under a Rule 10b5-1 trading plan adopted Aug 7, 2026 (F1); price is a weighted average across multiple trades and the filer can provide per-trade breakdown on request (F3); beneficial-ownership breakdown noted in F2.
• Filing timeliness: transaction dated 9/10/2026 and Form 4 filed 9/14/2026 (four days later). Form 4s are generally due within two business days of the transaction, so this appears to have been filed late.

Context

• This is an institutional 10% owner buying shares under a pre-arranged 10b5-1 plan, not an executive stock sale or option exercise. 10b5-1 plans indicate trades were executed according to a prior schedule; they limit inference about immediate insider sentiment.