Nippon Life Insurance Buys $10.3M in Corebridge Financial ($CRBG) Stock
Corebridge Financial, Inc.
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Filing Summary
Insider Buy Alert: Corebridge Financial, Inc. (CRBG) Insider: NIPPON LIFE INSURANCE CO (10% Owner) Action: Purchased 295,967 shares @ $34.86 avg price Value: $10,318,670.68 Post-Transaction Holdings: 122,769,404 shares Filing Date: 2026-09-16 | Trade Date: 2026-09-14 Note: Trade executed under a Rule 10b5-1 plan adopted August 7, 2026.
Comprehensive Analysis
Executive Summary
On September 14, 2026, major shareholder NIPPON LIFE INSURANCE CO executed a significant open-market purchase of Corebridge Financial, Inc. ($CRBG) common stock. The reporting person acquired 295,967 shares at a weighted average price of $34.8642 per share, representing a total capital commitment of approximately $10.32 million.
Transaction Details
- Security: Common Stock
- Transaction Code: P (Open-market Purchase)
- Shares Purchased: 295,967
- Price Range: $34.53 – $35.17 (Weighted average: $34.8642)
- Total Investment: $10,318,670.68
- Ownership After Transaction: 122,769,404 shares (includes 122,736,133 held directly and 33,271 held via wholly owned subsidiary Nissay Asset Management Corporation)
Context & Trading Plan
- 10b5-1 Plan: The transaction was conducted pursuant to a pre-arranged Rule 10b5-1 trading plan established on August 7, 2026.
- Significance: High. Major institutional 10% shareholder continuing to expand its core equity stake in Corebridge Financial with an eight-figure open-market allocation.
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Important Disclaimer
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