Eric M. Kirsch - Feb 16, 2022 Form 4 Insider Report for AFLAC INC (AFL)

Role: Executive Vice President
Signature: By: Brooke R. Phillips For: Eric M. Kirsch
Stock symbol: AFL
Transactions as of: Feb 16, 2022
Transactions value $: -$1,206,675
Form type: 4
Date filed: 2/17/2022, 03:59 PM
Previous filing: Feb 16, 2022
Next filing: Nov 18, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AFL	Common Stock	Sale	-$1.21M	-18.8K	-22.63%	$64.36	64.1K	Feb 16, 2022	Direct	F1
holding	AFL	Common Stock						132K	Feb 16, 2022	Spousal trust	F2

* 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 $64.35 to $64.40. 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	These shares (the "Trust Shares") were a gift from Eric M. Kirsch to the Eric M. Kirsch Irrevocable Trust Agreement (the "Spousal Trust"). The trustee of the trust is Mr. Kirsch's spouse. The primary beneficiary of the spousal trust is Mr. Kirsch's spouse, and the secondary beneficiaries are his children. Mr. Kirsch disclaims Section 16 beneficial ownership of the Trust Shares, and this report shall not be deemed an admission that he is the beneficial owner of the Trust Shares, except to the extent of his pecuniary interest, if any, therein.

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 $64.35 to $64.40. 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.

These shares (the "Trust Shares") were a gift from Eric M. Kirsch to the Eric M. Kirsch Irrevocable Trust Agreement (the "Spousal Trust"). The trustee of the trust is Mr. Kirsch's spouse. The primary beneficiary of the spousal trust is Mr. Kirsch's spouse, and the secondary beneficiaries are his children. Mr. Kirsch disclaims Section 16 beneficial ownership of the Trust Shares, and this report shall not be deemed an admission that he is the beneficial owner of the Trust Shares, except to the extent of his pecuniary interest, if any, therein.