Charles D. Lake II - Mar 7, 2025 Form 4 Insider Report for AFLAC INC (AFL)

Signature
By: Brooke R. Phillips For: Charles Ditmars Lake II
Stock symbol
AFL
Transactions as of
Mar 7, 2025
Transactions value $
-$5,691,296
Form type
4
Date filed
3/11/2025, 05:24 PM
Previous filing
Feb 13, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AFL Common Stock Sale -$2.49M -23.2K -22.51% $107.63 79.8K Mar 7, 2025 Direct F1
transaction AFL Common Stock Sale -$1.23M -11.5K -14.47% $106.61 68.2K Mar 10, 2025 Direct F2
transaction AFL Common Stock Sale -$1.71M -15.9K -23.25% $107.62 52.4K Mar 10, 2025 Direct F3
transaction AFL Common Stock Sale -$260K -2.4K -4.58% $108.40 50K Mar 10, 2025 Direct F4
holding AFL Common Stock 1.3K Mar 7, 2025 401(K) Plan
* 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 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person dated as of December 5, 2024.
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 $105.97 to $106.96. 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.
F3 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 $107.03 to $108.02. 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.
F4 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 $108.09 to $108.74. 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.