Barbara K. Rimer - 01 May 2023 Form 4 Insider Report for AFLAC INC (AFL)

Role: Director
Signature: By: Brooke R. Phillips For: Barbara K. Rimer
Issuer symbol: AFL
Transactions as of: 01 May 2023
Net transactions value: -$677,530
Form type: 4
Filing time: 03 May 2023, 16:50:06 UTC
Previous filing: 05 Aug 2022
Next filing: 23 Jun 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AFL	Common Stock	Award	$0	+2,346	+7%	$0.000000	35,813	01 May 2023	Direct	F1
transaction	AFL	Common Stock	Options Exercise	$564,055	+18,210	+51%	$30.98	54,023	02 May 2023	Direct
transaction	AFL	Common Stock	Sale	$1,241,585	-18,210	-34%	$68.18	35,813	02 May 2023	Direct	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	AFL	Director Stock Option	Options Exercise	$0	-18,210	-100%	$0.000000^*	0	02 May 2023	Common Stock	18,210	$30.98	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Granted under the Aflac Incorporated Long-Term Incentive Plan (as Amended and Restated February 14, 2017).
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 $68.17 to $68.245. 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 option becomes exercisable in four equal annual installments on August 13, 2014, 2015, 2016, and 2017.