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

Signature
By: Brooke R. Phillips For: Masatoshi Koide
Stock symbol
AFL
Transactions as of
Feb 15, 2024
Transactions value $
-$2,436,696
Form type
4
Date filed
2/20/2024, 09:11 AM
Previous filing
Nov 13, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AFL Common Stock Award $0 +61K +109.69% $0.00 117K Feb 15, 2024 Direct F1
transaction AFL Common Stock Sale -$2.44M -30.5K -26.16% $79.91 86.1K Feb 16, 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.