Corebridge Financial Inc.: 10% owner Nippon Life Insurance Co bought 602,103 shares

What happened

• Nippon Life Insurance Co, a 10% owner, bought 602,103 shares of Corebridge Financial on Oct 14, 2026 at a weighted average price of $34.03, for $20,487,096. The Form 4 was filed on Oct 16, 2026.
• The purchases were made pursuant to a Rule 10b5-1 plan adopted by the reporting person on Aug 7, 2026.

Key details

• Transaction date and price: Oct 14, 2026 — purchase of 602,103 shares at a weighted average price of $34.03; prices ranged from $33.82 to $34.24.
• Shares owned after the transaction: 128,990,035 shares (includes 128,956,764 shares held of record by the reporting person and 33,271 shares held of record by Nissay Asset Management Corporation, a wholly owned subsidiary).
• Footnotes: trades were effected under a Rule 10b5-1 plan adopted Aug 7, 2026; the reported price is a weighted average and the reporting person will provide full price breakdown on request.

Why it may matter

• The reporting person is a 10% owner, i.e., a large holder rather than an executive.
• The trades were made under a Rule 10b5-1 plan, indicating they were executed according to a pre-established plan.
• A filing does not show why the insider traded or why the company acted.