AFL AFLAC INC

BEARISH Impact: 6/10 Insider Cluster (2 insiders)
Horizon days Filed Mar 24, 2026 Processed 2mo ago
Insider cluster: 2 insiders, $2.0M total
Latest settled — T+20d ⚠ clustered
AFL ▲ +8.05% at T+20d
SHORT call ✗ call lost -8.05% · α vs SPY +0.85% · entry $106.20 → $114.75
Next anchor: T+60d in 7d
Currently $115.61 · -8.86% from $106.20 entry (call sign-flipped)
Entry anchored
Mar 23, 03:59 PM ET
via Databento tick
T+1d
+0.95%
call -0.95% · α -0.38%
$107.21
settled 3mo ago
T+5d
+3.31%
call -3.31% · α -3.73%
$109.71
settled 2mo ago
T+20d
+8.05%
call -8.05% · α +0.85%
$114.75
settled 7w ago
T+60d
call — · α —
in 7d

Price Chart

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Executive Summary

A recent insider trading cluster at AFLAC shows open-market selling by both its Chairman and Japan Post Holdings, with total sales amounting to approximately $3.6 million over a 3-day period. The transactions are open-market sales and not related to grants, tax events, or derivatives. Given the size and participation of key insiders, this represents notable insider disposition activity.

Key Financial Metrics

Direction
selling
Total Value
$3.6M
Insiders
2

Actionable Insight

Monitor for additional insider selling in the coming weeks; given Japan Post's historical ownership stake, continued divestment could signal strategic reduction. Compare with next quarterly earnings and capital return plans.

Key Facts

  • Chairman & Representative Director LAKE CHARLES D II sold 5,000 shares for $536,365 in an open-market transaction.
  • Japan Post Holdings Co., Ltd., a major shareholder, sold 28,895 shares across two days for a combined $3,079,248.10.
  • Total open-market sales in the cluster amount to $3,615,613.10 over three days.
  • All transactions were coded as open-market sales (S), indicating deliberate divestment.

Financial Impact

$3.62 million in open-market share sales by insiders, representing 0.0065% of AFLAC's $55.9B market cap

insider ownershipmarket sentimentshareholder confidence

Risk Factors

  • Perception of weakening confidence from top leadership and major shareholder
  • Potential for follow-on selling if Japan Post continues reducing its position

Market Snapshot

Exchange
NYSE
Sector
Accident & Health Insurance

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CONTEXT: Insider Cluster Data (3 trades, 7d window)cluster-AFL-1774618023590
32 reports for AFL
Performance horizon
67% Hit rate 4 of 6 directional calls best @ T+5▲ +1.29%Mar 11, 2026
Filters
Rows
Reports for AFL — sortable, filterable
Type Now
Jun 2, 2026
7d ago
Insider Cluster
NEUTRAL ★ 2/10
$113.63 $114.50▲ +0.77%▲ +1.46%$115.61 (+1.74%)
Jun 1, 2026
8d ago
Insider Cluster
NEUTRAL ★ 2/10
$112.11 $113.63▲ +1.36%▲ +1.21%$115.61 (+3.12%)
May 29, 2026
11d ago
Insider Cluster
NEUTRAL ★ 3/10
$112.42 $112.11▼ −0.28%▼ −0.55%$115.61 (+2.84%)
May 28, 2026
12d ago
8-K
NEUTRAL ★ 4/10
$112.42 $112.11▼ −0.28%▼ −0.53%$115.61 (+2.84%)
May 28, 2026
12d ago
Insider Cluster
NEUTRAL ★ 2/10
$112.63 $112.42▼ −0.19%▼ −0.43%$115.61 (+2.65%)
May 27, 2026
13d ago
Insider Cluster
NEUTRAL ★ 2/10
$112.63 $112.42▼ −0.19%▼ −0.43%$115.61 (+2.65%)
May 27, 2026
13d ago
Insider Cluster
NEUTRAL ★ 2/10
$114.85 $112.63▼ −1.93%▼ −2.48%$115.61 (+0.66%)
May 26, 2026
14d ago
Insider Cluster
NEUTRAL ★ 2/10
$116.82 $114.85▼ −1.69%▼ −1.70%$115.61 (−1.04%)
May 22, 2026
18d ago
Insider Cluster
NEUTRAL ★ 2/10
$117.86 $116.82▼ −0.88%▼ −1.47%$115.61 (−1.91%)
May 21, 2026
19d ago
Insider Cluster
NEUTRAL ★ 2/10
$117.81 $117.86▲ +0.04%▼ −0.40%$115.61 (−1.87%)
Showing 10 of 32

US Market Status

Market Closed — Opens Thu (10h 6m)

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