JOSEPH L. MOSKOWITZ - 03 Jul 2023 Form 4 Insider Report for AFLAC INC (AFL)

Role
Director
Signature
By: Cathryn S. Smitherman For: Joseph L. Moskowitz
Issuer symbol
AFL
Transactions as of
03 Jul 2023
Net transactions value
-$34,800
Form type
4
Filing time
06 Jul 2023, 08:27:00 UTC
Previous filing
23 May 2023
Next filing
03 Oct 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AFL Common Stock Sale $34,800 -500 -1.8% $69.60 27,085 03 Jul 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person dated as of August 17, 2022.