Masatoshi Koide - 15 Feb 2024 Form 4 Insider Report for AFLAC INC (AFL)

Signature
By: Brooke R. Phillips For: Masatoshi Koide
Issuer symbol
AFL
Transactions as of
15 Feb 2024
Net transactions value
-$2,436,696
Form type
4
Filing time
20 Feb 2024, 09:11:36 UTC
Previous filing
13 Nov 2023
Next filing
13 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AFL Common Stock Award $0 +60,985 +110% $0.000000 116,583 15 Feb 2024 Direct F1
transaction AFL Common Stock Sale $2,436,696 -30,493 -26% $79.91 86,090 16 Feb 2024 Direct F2
* 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 Granted under the Aflac Incorporated Long-Term Incentive Plan (as Amended and Restated February 14, 2017).
F2 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 November 6, 2023.