Steven K. Beaver - 05 Dec 2025 Form 4 Insider Report for AFLAC INC (AFL)

Role: EVP, CFO Aflac Japan
Signature: By: Brooke R. Phillips For: Steven K. Beaver
Issuer symbol: AFL
Transactions as of: 05 Dec 2025
Transactions value $: -$277,179
Form type: 4
Filing time: 09 Dec 2025, 09:28:55
Previous filing: 13 Feb 2025
Next filing: 16 Dec 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
BEAVER STEVEN KENT	EVP, CFO Aflac Japan	C/O AFLAC INCORPORATED, 1932 WYNNTON ROAD, COLUMBUS	By: Brooke R. Phillips For: Steven K. Beaver	09 Dec 2025	0001776900

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AFL	Common Stock	Options Exercise	$100K	+3.45K	+7.87%	$28.97	47.3K	05 Dec 2025	Direct
transaction	AFL	Common Stock	Sale	-$377K	-3.45K	-7.3%	$109.26	43.9K	05 Dec 2025	Direct	F1

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	Employee Stock Option (right to buy)	Options Exercise	$0	-3.45K	-100%	$0.00	0	05 Dec 2025	Common Stock	3.45K	$28.97	Direct

* 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 $109.2601 to $109.265. 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.

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 $109.2601 to $109.265. 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.