Nippon Life Purchases $4.1M in Corebridge Financial ($CRBG) Stock
Corebridge Financial, Inc.
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Filing Summary
=== SEC FORM 4 INSIDER TRANSACTION ===
Issuer: Corebridge Financial, Inc. (CRBG)
Insider: NIPPON LIFE INSURANCE CO
Role: 10% Owner
Transaction: Purchase | 116,345 shares @ $35.23
Total Value: $4,099,091.95
Shares Owned After: 126,786,106
Execution Type: 10b5-1 Plan
Comprehensive Analysis
Insider Purchase Analysis: Corebridge Financial, Inc. (NYSE: CRBG)
Transaction Overview
On October 6, 2026, Nippon Life Insurance Co, a 10% beneficial owner of Corebridge Financial, Inc., acquired 116,345 shares of Common Stock through open-market purchases at a weighted average price of $35.2323 per share. The transaction total amounts to approximately $4.10 million.
Strategic Context & Ownership
- 10b5-1 Trading Plan: The purchases were executed under a pre-established Rule 10b5-1 trading plan adopted on August 7, 2026.
- Position Size: Following this acquisition, Nippon Life's holdings stand at 126,786,106 shares, reflecting their significant long-term strategic stake in the company.
- Execution Details: Transactions were completed in multiple tranches at prices ranging between $34.94 and $35.57 per share.
Significance
While executed under a pre-scheduled 10b5-1 plan, multi-million dollar open-market accumulations by a strategic anchor shareholder demonstrate ongoing capital commitment to Corebridge Financial.
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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.
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