10% Owner Nippon Life Insurance Acquires $6.0M in Corebridge Financial (CRBG)
Corebridge Financial, Inc.
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Filing Summary
🟢 Insider Buy Alert: Corebridge Financial, Inc. ($CRBG) Insider: NIPPON LIFE INSURANCE CO (10% Owner) Action: Buy 176,300 shares @ $34.01 Value: ~$5,995,928 Post-Transaction Holdings: 122,302,293 shares Notes: Executed under a Rule 10b5-1 trading plan adopted on August 7, 2026.
Comprehensive Analysis
Insider Transaction Summary
- Reporting Entity: Nippon Life Insurance Co, a 10% beneficial owner of Corebridge Financial, Inc. (
CRBG). - Transaction Date: September 10, 2026.
- Transaction Type: Open market purchase (Code:
P) under a pre-established Rule 10b5-1 trading plan adopted on August 7, 2026. - Shares Acquired: 176,300 shares of Common Stock at a weighted average price of $34.0098 per share (ranging from $33.75 to $34.33).
- Total Investment: $5,995,927.74.
- Post-Transaction Holdings: 122,302,293 shares (inclusive of 122,269,022 held directly and 33,271 shares held via subsidiary Nissay Asset Management Corporation).
Strategic Context & Significance
Nippon Life's continued accumulation of Corebridge Financial shares demonstrates ongoing institutional conviction and strategic alignment. With an ownership stake surpassing 122 million shares, this multi-million dollar open-market purchase reinforces Nippon Life's long-term commitment as a major shareholder.
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Important Disclaimer
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