Aflac Officer Masatoshi Koide Files Form 144 to Sell $1.56M in Common Stock

Executive Summary

On September 16, 2026, Masatoshi Koide, an Officer at AFLAC INC ($AFL), submitted a Form 144 filing detailing the proposed sale of 13,201 shares of common stock through Fidelity Brokerage Services LLC. The aggregate market value of the proposed transaction is $1,557,895.62, implying an approximate price of $118.01 per share.

Transaction Details

• Security: Common Stock
• Shares to be Sold: 13,201
• Aggregate Market Value: $1,557,895.62
• Approximate Sale Date: September 16, 2026
• Origin of Shares:
  • 10,000 shares: Acquired on February 13, 2023, via Restricted Stock Vesting as equity compensation.
  • 3,201 shares: Acquired on September 16, 2026, via Stock Option Exercise paid in cash.
• Past 3 Months Sales: None reported.

Market Impact & Significance

The proposed sale represents a negligible fraction of Aflac's total outstanding shares (501,343,298 shares). The transaction is consistent with standard executive compensation management, consisting of vested equity and option exercises. Consequently, this transaction is assessed as having Low trading significance.