Nippon Life Purchases $8.75M in Corebridge Financial ($CRBG) Shares
Corebridge Financial, Inc.
Subscribe to track CRBG
Premium users can add ticker alerts and receive realtime notification updates.
Filing Summary
Corebridge Financial, Inc. ($CRBG) Insider: Nippon Life Insurance Co (10% Owner) Type: Open Market Purchase Shares: 246,521 @ $35.50 Value: $8,750,952.15 Shares Held After: 132,116,089 Details: Executed under a Rule 10b5-1 plan adopted August 7, 2026.
Comprehensive Analysis
Insider Transaction Summary
- Issuer: Corebridge Financial, Inc. (
CRBG) - Reporting Owner: Nippon Life Insurance Co (10% Owner)
- Transaction Date: October 29, 2026
- Transaction Type: Open-market purchase (Code
P) - Shares Acquired: 246,521 shares
- Weighted Average Price: $35.4978 (range $35.22 – $35.99)
- Total Consideration: ~$8,750,952.15
- Post-Transaction Holdings: 132,116,089 shares (includes 132,082,818 direct and 33,271 held through subsidiary Nissay Asset Management Corporation)
Strategic Context & Significance
Nippon Life Insurance Co continues to expand its massive strategic stake in Corebridge Financial, having acquired an additional 246,521 shares valued at approximately $8.75 million. The purchase was conducted under a pre-established Rule 10b5-1 trading plan adopted on August 7, 2026.
Given the multi-million dollar volume and the buyer's status as a major institutional anchor shareholder, this transaction carries High significance as a reflection of Nippon Life's sustained long-term commitment and strategic alignment with Corebridge Financial.
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.