Nippon Life Insurance Purchases $8.96M of Corebridge Financial ($CRBG)
Corebridge Financial, Inc.
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Filing Summary
# Insider Trade Alert: Corebridge Financial, Inc. (CRBG)
**Insider:** Nippon Life Insurance Co (10% Owner)
**Action:** Buy (Open Market)
**Shares Acquired:** 261,198
**Price per Share:** $34.30
**Total Value:** $8,958,804.08
**Post-Transaction Ownership:** 127,654,216 shares
**Filing Date:** October 13, 2026
Comprehensive Analysis
Transaction Summary
On October 8, 2026, Nippon Life Insurance Co, a 10% beneficial owner of Corebridge Financial, Inc. ($CRBG), acquired 261,198 shares of Common Stock in open-market transactions at a weighted average price of $34.2989 per share (ranging from $34.04 to $34.62), for a total transaction value of approximately $8,958,804.08.
Ownership Impact
Following this purchase, Nippon Life Insurance Co beneficially owns 127,654,216 shares of Corebridge Financial common stock. This total includes 127,620,945 shares held directly of record by Nippon Life and 33,271 shares held by its direct wholly owned subsidiary, Nissay Asset Management Corporation.
Plan & Context
The purchases were conducted pursuant to a pre-arranged Rule 10b5-1 trading plan adopted on August 7, 2026. Given the multimillion-dollar transaction size and Nippon Life's significant existing stake, this represents an ongoing capital commitment by a major strategic institutional shareholder.
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