4Filed Sep 17, 8:00 PM ET
Corebridge (CRBG) 10% Owner Nippon Life Buys 320,785 Shares
$CRBG · Corebridge Financial, Inc.Research Summary
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Corebridge (CRBG) 10% Owner Nippon Life Buys 320,785 Shares
What Happened
Nippon Life Insurance Company, a >10% owner of Corebridge Financial, bought 320,785 shares of CRBG on September 16, 2026. The reported weighted-average price was $35.02 per share, for a total cost of $11,232,960. This was a direct purchase (transaction code P), which is a buy rather than a sale.
Key Details
- Transaction date: 2026-09-16 (filed 2026-09-18 — timely filing).
- Shares purchased: 320,785; weighted-average price reported $35.02; total ≈ $11,232,960.
- Price range: purchases executed at $34.57–$35.42 (F3); the filer can provide per-price breakdown on request.
- Held after transaction: Form notes include 123,267,821 shares held of record by the Reporting Person plus 33,271 shares held of record by its wholly owned subsidiary (total reported = 123,301,092 per F2).
- Trade plan: purchases were made under a Rule 10b5-1 trading plan adopted August 7, 2026 (F1).
Context
This filing reports activity by a large institutional holder (a >10% owner), not an individual executive. Trades executed under a 10b5-1 plan are prearranged and may reflect scheduled activity rather than an ad hoc decision; the filing itself does not state the holder’s motivation.