Nippon Life Insurance Buys $8.8M in Corebridge Financial ($CRBG)
Corebridge Financial, Inc.
Subscribe to track CRBD
Premium users can add ticker alerts and receive realtime notification updates.
Filing Summary
# Insider Trade: Corebridge Financial, Inc. ($CRBG)
**Buyer:** NIPPON LIFE INSURANCE CO (10% Owner)
**Type:** Open Market Purchase (Rule 10b5-1)
**Shares:** 258,878 @ $33.85
**Total Value:** $8,763,858.71
**Shares Held After:** 124,595,032
Comprehensive Analysis
Overview
On September 28, 2026, Nippon Life Insurance Co, a 10% beneficial owner of Corebridge Financial, Inc. ($CRBG), reported the purchase of 258,878 shares of Common Stock on September 24, 2026.
Transaction Summary
- Date of Transaction: September 24, 2026
- Transaction Code: P (Open-market purchase)
- Shares Purchased: 258,878
- Weighted Average Price: $33.8532 (Range: $33.55 – $34.14)
- Total Transaction Value: $8,763,858.71
- Post-Transaction Holdings: 124,595,032 shares (including 33,271 shares held via Nissay Asset Management Corporation)
Notable Plan Details
- The purchase was executed under a Rule 10b5-1 trading plan established by Nippon Life Insurance Co on August 7, 2026.
Market Impact & Significance
This purchase represents an open-market commitment of approximately $8.76 million, further expanding Nippon Life's significant stake in Corebridge Financial past 124.5 million shares. While executed pursuant to a pre-arranged 10b5-1 plan, continuous large-scale accumulation by a strategic 10% owner reflects sustained long-term conviction.
Get Real-Time Alerts
Join our community to receive instant notifications when high-significance filings are published
Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.