Aflac Incorporated

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Japan Post Holdings Executes Two Sales Reducing Aflac Stake Under Rule 10b5-1 Plan - Kalkine Media

Insider transaction AI-generated analysis

πŸ“‰ Japan Post Holdings executed two sales totaling 12,100 shares of Aflac common stock on September 29, 2026, reducing its indirect stake.

πŸ’° The first sale involved 6,378 shares at a weighted average price of $113.10 per share.

πŸ’° The second sale consisted of 5,722 shares at a weighted average price of $113.64 per share.

πŸ“‹ Both transactions were conducted under a Rule 10b5-1 trading plan to meet affirmative defense requirements.

🏦 Post-sale, Japan Post Holdings indirectly holds 50,445,290 shares of Aflac common stock via the J&A Alliance Trust.

βš–οΈ The filing confirms Japan Post Holdings remains a greater-than-10% shareholder of Aflac Incorporated.

πŸ“ The Form 4 was filed on October 1, 2026, and signed by Yuki Takemura acting as attorney-in-fact for Kenji Meguro.

Risk Factors
  • Japan Post Holdings reduced its indirect beneficial ownership of Aflac common stock by selling a total of 12,100 shares on September 29, 2026.
  • The sale of 12,100 shares by a major shareholder with greater-than-10% status may signal a slight reduction in institutional support or confidence in the stock's near-term trajectory.
Full Analysis
On October 1, 2026, Japan Post Holdings Co., Ltd. filed a Form 4 with the SEC detailing the sale of 12,100 shares of Aflac Incorporated common stock executed on September 29, 2026. The transactions were split into two separate sales conducted under a pre-established Rule 10b5-1 trading plan, ensuring compliance with insider trading regulations. The first transaction involved the disposition of 6,378 shares at a weighted average price of $113.10 per share, while the second sale comprised 5,722 shares at a weighted average price of $113.64 per share. These sales were executed through multiple sub-transactions with individual prices ranging between $112.55 and $113.67. Following these dispositions, Japan Post Holdings maintains an indirect beneficial ownership of 50,445,290 shares of Aflac common stock. The shares are held by J&A Alliance Holdings Corporation acting as trustee of the J&A Alliance Trust, where Japan Post Holdings serves as the sole settlor and beneficiary. The filing clarifies that while General Incorporated Association J&A Alliance and specific individuals may be deemed beneficial owners due to their pecuniary interest, they expressly disclaim ownership except for that financial stake. The Form 4 was signed by Yuki Takemura, Senior General Manager, acting as attorney-in-fact for Kenji Meguro.