AFL AFLAC INC

NEUTRAL Impact: 2/10 Insider Cluster (2 insiders)
Horizon immediate Filed May 28, 2026 Processed 9d 11h ago
Insider cluster: 2 insiders, $2.7M total
Latest settled — T+5d ⚠ clustered
AFL ▲ +1.66% at T+5d
NEUTRAL call ✓ call won +1.66% · α vs SPY +1.71% · entry $112.63 → $114.50
Next anchor: T+20d in 19d
Last close $118.24 (close Jun 5) · +4.98% from $112.63 entry
Entry anchored
May 27, 03:59 PM ET
via Databento tick
T+1d
-0.19%
call -0.19% · α -0.43%
$112.42
settled 9d ago
T+5d
+1.66%
call +1.66% · α +1.71%
$114.50
settled 3d ago
T+20d
call — · α —
in 19d
T+60d
call — · α —
in 3mo

Price Chart

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Executive Summary

Aflac CFO of Japan exercised options and sold 5,508 shares for $649K on May 22, while 10% owner Japan Post sold 17,170 shares for $2.01M on May 26. The cluster totals $2.66M in net selling, representing ~0.0045% of Aflac's $58.5B market cap, an immaterial amount relative to company size. The CFO sale follows a derivative exercise and appears liquidity-driven; Japan Post's sale is routine portfolio management by a major institutional holder. No bearish signal from this cluster.

Key Financial Metrics

Direction
selling
Total Value
$2.7M
Insiders
2

Actionable Insight

This cluster is routine and non-informative — CFO sale is option-exercise cash-out, Japan Post sale is institutional rebalancing at ~0.003% of its likely position. No tradeable signal. Aflac's recent 424B5 debt offering under existing shelf is also routine. Monitor Q2 earnings for core accident & health underwriting trends instead.

Key Facts

  • Insider cluster total $2.66M in open-market selling across two insiders over 7 days
  • CFO Aflac Japan exercised 5,508 options at $35.52, then sold same shares at $117.81 for $649K cash
  • 10% owner Japan Post sold 17,170 shares at $117.01 on May 26 for $2.01M
  • Total sales represent ~0.0045% of $58.5B market cap, well below 0.1% materiality threshold
  • Japan Post also sold 30,920 shares on May 22 for $3.64M, included in broader insider activity
  • Filing occurred 10 days after a debt offering (424B5) — no equity dilution concern

Financial Impact

Insider selling of $2.66M vs $58.5B market cap is negligible; no material economic impact

market cap

Risk Factors

  • No material risk identified from this cluster

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-1779973720374
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 29m)

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