Insider Cluster (3 insiders) ·Filed Mar 11, 2026

AFL

AFLAC INC
BEARISH
Impact 7/10
Horizonweeks Processed6mo ago
Insider cluster: 3 insiders, $5.4M total
Actionable Insight ▼ Bearish

The coordinated timing and high-level participation (including Japan Post and ALIJ leadership) suggest potential concern or profit-taking ahead of uncertain fundamentals. Traders should monitor upcoming earnings, capital deployment plans, or regulatory developments in Japan. While the dollar amount is not massive relative to market cap, the concentration among key decision-makers elevates the signal.

DirectionBearish
Confidencehigh
Horizonweeks
Final — all horizons settled through T+60d ⚠ clustered
AFL ▲ +4.73% at T+60d
SHORT call ✗ call lost -4.73% · α vs SPY +6.79% · entry $109.33 → $114.50
Entry anchored
Mar 10, 03:59 PM ET
via exchange tick
T+1d
+0.27%
call -0.27% · α -1.76%
$109.63
settled 7mo ago
T+5d
-1.29%
call +1.29% · α -0.90%
$107.92
settled 7mo ago
T+20d
+3.42%
call -3.42% · α -2.90%
$113.07
settled 6mo ago
T+60d
+4.73%
call -4.73% · α +6.79%
$114.50
settled 4mo ago

Price Chart

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Executive Summary

Multiple insiders, including top executives and Japan Post Holdings, sold over $6.4 million in AFLAC shares over a 3-day period in open-market transactions. The sales were concentrated among leadership figures at AFLAC Japan and its parent company, Japan Post Holdings.

Key Financial Metrics

Direction
selling
Total Value
$6.4M
Insiders
3

Key Facts

  • Koide Masatoshi (President and Representative Director, ALIJ) sold 15,431 shares for $1,696,330 on March 11, 2026.
  • Lake Charles D II (Chairman and Representative Director, ALIJ) sold 15,590 shares for $1,713,809 on March 11, 2026.
  • Japan Post Holdings Co., Ltd. conducted three separate open-market sales: 6,615 shares on March 9 ($720,903), 3,332 shares on March 10 ($365,287), and 17,820 shares on March 11 ($1,951,646).
  • Total open-market sales in the cluster: 5 transactions totaling $6,447,967 over 3 days.
  • All transactions were open-market sales (code 'S'), indicating deliberate divestment, not tax-related or automatic dispositions.

Financial Impact

$6.45 million in insider sales over 3 days, representing approximately 0.011% of AFLAC's $56.6B market cap

insider ownershipinvestor sentimentshareholder confidence

Risk Factors

  • Insider selling may indicate reduced confidence in near-term performance or valuation.
  • Japan Post Holdings' repeated sales could signal a longer-term reduction strategy in AFLAC, raising questions about future support.

Market Snapshot

Exchange
NYSE

Investment Themes

Traditional Finance

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CONTEXT: Insider Cluster Data (5 trades, 7d window)cluster-AFL-1773435211768
41 reports for AFL
Performance horizon
57% Hit rate 4 of 7 directional calls best @ T+60▲ +1.72%Jun 30, 2026
Filters
Rows
Reports for AFL — sortable, filterable
TypeNow
Aug 19, 2026
6w ago
Insider Cluster
NEUTRAL ★ 2/10
$116.51 $117.55▲ +0.89%▲ +2.41%$110.81 (−4.89%)
Aug 18, 2026
6w ago
Insider Cluster
NEUTRAL ★ 2/10
$121.73 $117.38▼ −3.57%▼ −2.58%$110.81 (−8.97%)
Aug 17, 2026
6w ago
Insider Cluster
NEUTRAL ★ 2/10
$120.98 $117.01▼ −3.28%▼ −1.76%$110.81 (−8.41%)
Aug 14, 2026
7w ago
Insider Cluster
NEUTRAL ★ 4/10
$121.45 $117.01▼ −3.66%▼ −1.66%$110.81 (−8.76%)
Aug 8, 2026
7w ago
Institutional Cluster
MIXED ★ 4/10
$121.94 $115.16▼ −5.56%▼ −4.65%$110.81 (−9.13%)
Aug 6, 2026
8w ago
Press Release
NEUTRAL ★ 4/10
$124.61 $117.21▼ −5.94%▼ −5.54%$110.81 (−11.07%)
Jun 30, 2026
13w ago
8-K
BEARISH ★ 6/10
$117.25 $126.56▼ −7.94%▼ −8.97%$110.81 (+5.49%)
Jun 24, 2026
14w ago
Insider Cluster
NEUTRAL ★ 2/10
$117.75 $123.58▲ +4.95%▲ +3.02%$110.81 (−5.89%)
Jun 24, 2026
14w ago
S-3ASR
NEUTRAL ★ 2/10
$117.75 $123.58▲ +4.95%▲ +3.02%$110.81 (−5.89%)
Jun 2, 2026
17w ago
Insider Cluster
NEUTRAL ★ 2/10
$113.63 $118.49▲ +4.28%▲ +5.84%$110.81 (−2.48%)
Showing 10 of 41

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Report published Mar 13, 2026