Nippon Life Insurance Buys $7.89M in Corebridge Financial Stock

Executive Summary

On November 3, 2026, 10% beneficial owner Nippon Life Insurance Co reported the open-market purchase of 227,773 shares of Corebridge Financial, Inc. ($CRBG) common stock across two transactions on October 30, 2026. The combined transaction value totaled $7,886,206.50 at a weighted average price of approximately $34.62 per share. Following these transactions, Nippon Life Insurance Co beneficially holds 132,343,862 shares.

Transaction Breakdown

• Tranche 1: 223,981 shares purchased at a volume-weighted average price of $34.6115 (ranging from $34.26 to $35.25).
• Tranche 2: 3,792 shares purchased at a volume-weighted average price of $35.3081 (ranging from $35.26 to $35.37).
• Ownership Post-Transaction: 132,343,862 total shares (consisting of 132,310,591 shares held directly of record and 33,271 shares held of record by Nissay Asset Management Corporation).

Strategic Context & Significance

• Rule 10b5-1 Plan: The purchases were conducted pursuant to a pre-scheduled Rule 10b5-1 trading plan established on August 7, 2026.
• Significance Rating (High): Open-market purchases exceeding $7.8 million demonstrate sustained institutional accumulation by Nippon Life, reinforcing their substantial strategic stake in Corebridge Financial.