Japan Post Holdings Co., Ltd. 4
4 · AFLAC INC · Filed Mar 27, 2026
Research Summary
AI-generated summary of this filing
AFLAC (AFL) 10% Owner Japan Post Sells 14,200 Shares
What Happened
Japan Post Holdings Co., Ltd. (reported as a 10% owner) sold 14,200 shares of Aflac Inc. common stock in an open-market transaction on March 25, 2026. The weighted-average sale price was reported as $107.03 per share, for total proceeds of approximately $1,519,826. This was a sale (not a purchase) and thus is generally considered a routine disposition rather than a bullish signal.
Key Details
- Transaction date: March 25, 2026 (filed March 27, 2026). Filing appears within the standard two-business-day Form 4 window.
- Price: Weighted average $107.03 per share (individual trades ranged from $106.345 to $107.34; the filer can provide a breakdown on request).
- Shares sold: 14,200; Proceeds: ~$1,519,826.
- Shares owned after transaction: Not specified in the filing.
- Footnotes: F1 explains the reported weighted-average price and range; F2 explains the shares are held directly by J&A Alliance Holdings as trustee of the J&A Alliance Trust and describes who may be deemed to beneficially own the trust holdings, with express disclaimers of ownership except to the extent of pecuniary interest.
- Filing timeliness: Filed March 27 for a March 25 trade — appears timely.
Context
This filing involves a 10% owner (an institutional/related-party holder) rather than an individual executive. Such sales can reflect portfolio or estate/trust management decisions and do not necessarily indicate management sentiment about the company. The F2 disclosure clarifies the ownership structure (trustee and settlor/beneficiary relationships) and the limited beneficial-ownership disclaimers.
Insider Transaction Report
- Sale
Common Stock
[F1][F2]2026-03-25$107.03/sh−14,200$1,519,826→ 52,018,600 total(indirect: See footnote)
Footnotes (2)
- [F1]The price reported represents the weighted average price of shares of Common Stock of Aflac Inc. (the "Issuer") sold in multiple transactions at prices ranging from $106.345 to $107.34 per share. The reporting person will provide to the Issuer, or the Securities and Exchange Commission staff, upon request, information regarding the number of shares sold at each price within the range.
- [F2]The reported securities are held directly by J&A Alliance Holdings Corporation ("J&A Holdings"), in its capacity as the trustee of the J&A Alliance Trust (the "Trust"). General Incorporated Association J&A Alliance ("General Incorporated"), Kenji Sano and Tetsuya Numaguchi each may be deemed to beneficially own the securities held by J&A Holdings (in its capacity as trustee of the Trust) because (i) General Incorporated owns J&A Holdings and (ii) Kenji Sano and Tetsuya Numaguchi each own 50% of the equity interests in General Incorporated. Japan Post Holdings Co., Ltd. ("Japan Post") may be deemed to beneficially own the shares of common stock owned directly by J&A Holdings, in its capacity as the trustee of the Trust, due to its role as the sole settlor and beneficiary of the Trust. Each of General Incorporated, Kenji Sano, Tetsuya Numaguchi and Japan Post expressly disclaim beneficial ownership of the reported securities except to the extent of its pecuniary interest therein.