Nippon Life Insurance Acquires $8.66M in Corebridge Financial ($CRBG)
Corebridge Financial, Inc.
Subscribe to track CRBG
Premium users can add ticker alerts and receive realtime notification updates.
Filing Summary
🟢 Insider Purchase Alert: Corebridge Financial, Inc. ($CRBG)
Buyer: NIPPON LIFE INSURANCE CO (10% Owner) Shares Purchased: 246,440 Average Price: $35.1523 Total Value: ~$8,662,933 Post-Transaction Holdings: 130,667,106 shares Type: Open Market Purchase (10b5-1 Plan)
Transaction Date: October 22, 2026 | Filing Date: October 26, 2026
Comprehensive Analysis
Insider Transaction Overview: Corebridge Financial, Inc. (CRBG)
On October 26, 2026, Nippon Life Insurance Co, a 10% beneficial owner of Corebridge Financial, Inc., filed a Form 4 disclosing the purchase of 246,440 shares of common stock.
Key Details:
- Transaction Date: October 22, 2026
- Shares Acquired: 246,440 shares
- Weighted Average Price: $35.1523 (Range: $34.62 to $35.55)
- Total Investment: $8,662,932.81
- Post-Transaction Position: 130,667,106 shares (direct ownership, including shares deemed beneficially owned via subsidiary Nissay Asset Management Corporation)
- Plan Structure: Executed under a pre-established Rule 10b5-1 trading plan adopted on August 7, 2026.
Strategic Significance:
This multi-million-dollar acquisition reinforces Nippon Life Insurance's long-term commitment and substantial equity stake in Corebridge Financial. While executed via a pre-arranged 10b5-1 plan, continuous open-market accumulation by a strategic 10% shareholder highlights ongoing institutional backing.
Get Real-Time Alerts
Join our community to receive instant notifications when high-significance filings are published
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.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.