AFL AFLAC INC

NEUTRAL Impact: 3/10 Insider Cluster (3 insiders)
Horizon weeks Filed May 20, 2026 Processed 17d 1h ago
Insider cluster: 3 insiders, $2.1M total

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Executive Summary

A $2.10M insider selling cluster at Aflac involved two directors and its largest 10% owner (Japan Post Holdings). The bulk of the selling ($1.62M) came from Japan Post, which has been a steady seller over the past month. The two director sales ($471K combined) are small relative to a $60.3B market cap. The cluster follows two recent debt offerings under the shelf registration, which the calibration data identifies as an amplifier pattern, but the dollar amounts are immaterial at ~0.003% of market cap.

Key Financial Metrics

Direction
selling
Total Value
$2.1M
Insiders
3

Actionable Insight

This cluster is too small in dollar terms to indicate informed selling at a $60B insurer. Monitor Japan Post's continued selling pattern — but at current pace it is likely a portfolio rebalancing, not a bearish signal. No trade recommendation based on this cluster alone.

Key Facts

  • Japan Post Holdings (10% owner) sold $1.62M in open-market sales on May 14, 15, and 18, part of a consistent selling pattern ($11.5M total over 30 days)
  • Directors Kenny and Collins sold $203K and $268K respectively — routine diversification-sized sales
  • Total cluster value of $2.10M represents ~0.003% of Aflac's $60.3B market cap — a trivial proportion
  • Two 424B5 shelf-takedown filings for yen-denominated senior notes occurred within the past 9 days, but involve debt, not equity dilution
  • No open-market purchases by any insider in the cluster

Financial Impact

Cluster value of $2.10M equals 0.003% of market cap — immaterial

insider selling volume

Risk Factors

  • Continued selling by Japan Post could pressure sentiment if it accelerates
  • Debt offering proceeds deployed in a value-destructive manner would be negative, but insiders' selling is not signaling that here

Market Snapshot

Exchange
NYSE
Sector
Accident & Health Insurance
Analyst Consensus
13% bullish (23 analysts)

Documents Analyzed

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

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-AFL-1779318767977
32 reports for AFL
Performance horizon
57% Hit rate 4 of 7 directional calls best @ T+5▲ +1.29%Mar 11, 2026
Filters
Rows
Reports for AFL — sortable, filterable
Type Now
Jun 2, 2026
4d ago
Insider Cluster
NEUTRAL ★ 2/10
$113.63 $114.50▲ +0.77%▲ +1.46%$118.24 (+4.06%)
Jun 1, 2026
5d ago
Insider Cluster
NEUTRAL ★ 2/10
$112.11 $113.63▲ +1.36%▲ +1.21%$118.24 (+5.47%)
May 29, 2026
8d ago
Insider Cluster
NEUTRAL ★ 3/10
$112.42 $112.11▼ −0.28%▼ −0.55%$118.24 (+5.18%)
May 28, 2026
9d ago
8-K
NEUTRAL ★ 4/10
$112.42 $112.11▼ −0.28%▼ −0.53%$118.24 (+5.18%)
May 28, 2026
9d ago
Insider Cluster
NEUTRAL ★ 2/10
$112.63 $112.42▼ −0.19%▼ −0.43%$118.24 (+4.98%)
May 27, 2026
10d ago
Insider Cluster
NEUTRAL ★ 2/10
awaiting T+1
May 27, 2026
10d ago
Insider Cluster
NEUTRAL ★ 2/10
$114.85 $112.63▼ −1.93%▼ −2.48%$118.24 (+2.95%)
May 26, 2026
11d ago
Insider Cluster
NEUTRAL ★ 2/10
$116.82 $114.85▼ −1.69%▼ −1.70%$118.24 (+1.22%)
May 22, 2026
15d ago
Insider Cluster
NEUTRAL ★ 2/10
$117.86 $116.82▼ −0.88%▼ −1.47%$118.24 (+0.32%)
May 21, 2026
16d ago
Insider Cluster
NEUTRAL ★ 2/10
$117.81 $117.86▲ +0.04%▼ −0.40%$118.24 (+0.36%)
Showing 10 of 32

US Market Status

Market Closed — Opens Mon (12h 30m)

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