Nippon Life Insurance Buys $5.59M in Corebridge Financial ($CRBG)

Corebridge Financial, Inc. (CRBG) - Form 4 Transaction Summary

Overview

On October 21, 2026, Nippon Life Insurance Co, a 10% beneficial owner of Corebridge Financial, Inc. (NYSE: CRBG), disclosed an open-market purchase of 162,024 shares of Common Stock.

Key Details

• Date of Transaction: October 19, 2026
• Shares Acquired: 162,024 shares
• Weighted Average Price: $34.5087 (ranging from $34.25 to $34.95)
• Transaction Consideration: ~$5,591,237.61
• Post-Transaction Holdings: 130,010,127 shares
• Ownership Type: Direct (includes 129,976,856 shares held directly and 33,271 shares held via Nissay Asset Management Corporation)

Context & Significance

• 10b5-1 Plan Execution: The transaction was conducted pursuant to a pre-established Rule 10b5-1 trading plan adopted on August 7, 2026.
• Significance Level: Medium. While the transaction value exceeds $5.5M, the purchase represents an incremental increase (~0.12%) to Nippon Life's already massive position of over 130 million shares, and was executed automatically under a scheduled 10b5-1 plan rather than an ad-hoc discretionary trade.