Nippon Life Insurance Buys $9.0M in Corebridge Financial ($CRBG) Common Stock
Corebridge Financial, Inc.
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Filing Summary
# Insider Trade Alert: Corebridge Financial, Inc. ($CRBG)
**Reporting Owner:** NIPPON LIFE INSURANCE CO (10% Owner)
**Action:** Open Market Purchase
**Shares Transacted:** 272,208 shares
**Average Price:** $33.07
**Total Value:** ~$9,002,394.33
**Shares Held After:** 126,416,895
**Filing Date:** October 5, 2026
Comprehensive Analysis
Insider Transaction Overview
On October 1, 2026, Nippon Life Insurance Co, a 10% owner of Corebridge Financial, Inc. ($CRBG), executed open-market purchases totaling 272,208 shares of Common Stock for an aggregate transaction value of approximately $9.00 million.
Transaction Details Breakdown
- Tranche 1: 152,573 shares purchased at a volume-weighted average price of $32.7781 (ranging from $32.29 to $33.28).
- Tranche 2: 119,635 shares purchased at a volume-weighted average price of $33.4469 (ranging from $33.29 to $33.64).
- Blended Average Price: ~$33.07 per share.
- Rule 10b5-1 Plan: The purchases were executed under a pre-established Rule 10b5-1 trading plan adopted on August 7, 2026.
Ownership & Strategic Context
Following these transactions, Nippon Life Insurance Co beneficially owns 126,416,895 shares of Corebridge Financial directly (including 33,271 shares held via its wholly owned subsidiary, Nissay Asset Management Corporation). This continues a pattern of steady accumulation by Nippon Life, reinforcing its strategic long-term position in Corebridge Financial.
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