Nippon Life Insurance Buys $12.05M in 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: 347,195 @ $34.7141 Value: $12,052,559.85 Post-Trade Ownership: 129,848,103 shares Plan: Rule 10b5-1 (adopted Aug 7, 2026) Date: 2026-10-16
Comprehensive Analysis
Insider Transaction Overview
On October 16, 2026, Nippon Life Insurance Co, a 10% beneficial owner of Corebridge Financial, Inc. ($CRBG), acquired 347,195 shares of Common Stock at a weighted average price of $34.7141 per share (range: $34.31 to $35.07). The total transaction value was approximately $12.05 million.
Transaction Details
- Security: Common Stock
- Transaction Code: P (Open Market Purchase)
- Shares Acquired: 347,195
- Price Per Share: $34.7141 (weighted average)
- Total Investment: $12,052,559.85
- Resulting Beneficial Ownership: 129,848,103 shares (including 129,814,832 directly and 33,271 held via Nissay Asset Management Corporation)
Significance & Trading Plan
- 10b5-1 Trading Plan: The transaction was executed under a pre-established Rule 10b5-1 trading plan adopted on August 7, 2026.
- Significance: High. While conducted under a 10b5-1 plan, this represents a multi-million-dollar accumulation by a strategic major shareholder, reaffirming Nippon Life's long-term commitment and massive equity position in 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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