Frederick John Crawford - 02 May 2023 Form 4 Insider Report for AFLAC INC (AFL)

Role: President & COO
Signature: By: Brooke R. Phillips For: Frederick J. Crawford
Issuer symbol: AFL
Transactions as of: 02 May 2023
Net transactions value: -$1,402,834
Form type: 4
Filing time: 04 May 2023, 16:35:43 UTC
Previous filing: 15 Feb 2023
Next filing: 06 Nov 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AFL	Common Stock	Options Exercise	$1,332,756	+42,696	+14%	$31.22	350,524	02 May 2023	Direct
transaction	AFL	Common Stock	Sale	$100,123	-1,462	-0.42%	$68.48	349,062	02 May 2023	Direct
transaction	AFL	Common Stock	Sale	$1,895,767	-27,695	-7.9%	$68.45	321,367	02 May 2023	Direct	F1
transaction	AFL	Common Stock	Options Exercise	$1,305,395	+45,068	+14%	$28.96	366,435	02 May 2023	Direct
transaction	AFL	Common Stock	Sale	$100,095	-1,462	-0.4%	$68.46	364,973	02 May 2023	Direct
transaction	AFL	Common Stock	Sale	$1,944,999	-28,434	-7.8%	$68.40	336,539	02 May 2023	Direct	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	AFL	Employee Stock Option (right to buy)	Options Exercise	$0	-42,696	-100%	$0.000000^*	0	02 May 2023	Common Stock	42,696	$31.22	Direct
transaction	AFL	Employee Stock Option (right to buy)	Options Exercise	$0	-45,068	-100%	$0.000000^*	0	02 May 2023	Common Stock	45,068	$28.96	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price is the weighted average sale price of the aggregate number of shares that were sold. These shares were sold in multiple transactions at prices ranging from $68.43 to $68.52. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
F2	The price is the weighted average sale price of the aggregate number of shares that were sold. These shares were sold in multiple transactions at prices ranging from $68.40 to $68.47. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.

Content

The price is the weighted average sale price of the aggregate number of shares that were sold. These shares were sold in multiple transactions at prices ranging from $68.43 to $68.52. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.

The price is the weighted average sale price of the aggregate number of shares that were sold. These shares were sold in multiple transactions at prices ranging from $68.40 to $68.47. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.