Insider Cluster (3 insiders) ·Filed May 15, 2026

AFL

AFLAC INC
NEUTRAL
Impact 2/10
Horizondays Processed4mo ago
Insider cluster: 3 insiders, $2.6M total
Actionable Insight • Neutral

The insider cluster is too small to move the stock. Monitor Japan Post's next 13D/H filing for any change in ownership intent. The senior note offering is a more material signal — watch for pricing terms and use of proceeds in the final prospectus.

DirectionNeutral
Confidencehigh
Horizondays
Final — all horizons settled through T+60d
AFL ▲ +4.18% at T+60d
NEUTRAL call ✓ call won +4.18% · α vs SPY -0.33% · entry $116.21 → $121.07
Entry anchored
May 14, 03:59 PM ET
via exchange tick
T+1d
+1.59%
call +1.59% · α +1.65%
$118.06
settled 5mo ago
T+5d
+1.42%
call +1.42% · α +0.46%
$117.86
settled 4mo ago
T+20d
+0.65%
call +0.65% · α -1.47%
$116.96
settled 4mo ago
T+60d
+4.18%
call +4.18% · α -0.33%
$121.07
settled 7w ago

Price Chart

Loading chart...

Executive Summary

Aflac insiders sold a total of $2.57M in open-market transactions over the past week, led by 10% owner Japan Post Holdings ($2.47M). The sales follow a senior note offering filed 4 days ago, suggesting insiders may have been aware of the capital raise. However, at just 0.004% of Aflac's $59.2B market cap, the dollar value is trivial and likely reflects routine portfolio management by Japan Post, not a bearish signal on the company's fundamentals.

Key Financial Metrics

Direction
selling
Total Value
$2.6M
Insiders
3

Key Facts

  • Japan Post Holdings sold 33,639 shares for ~$2.47M across three transactions (May 11-13)
  • Director Joseph Moskowitz sold 600 shares for $68K on May 8
  • Director Miwako Hosoda sold 243 shares for $28K on May 6
  • Total cluster value of $2.57M represents ~0.004% of Aflac's $59.2B market cap
  • Aflac filed a senior note offering on May 11, 4 days before the cluster window closes
  • All sales are open-market (code S) — no 10b5-1 plan indicated

Financial Impact

Total insider sales of $2.57M, negligible relative to $59.2B market cap

dilution

Risk Factors

  • Japan Post may continue selling if this is part of a broader portfolio rebalancing
  • Senior note offering could signal higher leverage or capital needs if proceeds are not deployed accretively

Market Snapshot

Exchange
NYSE
Sector
Accident & Health Insurance
Analyst Consensus
13% bullish (23 analysts)

Investment Themes

Traditional Finance

Documents Analyzed

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

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-AFL-1778851247073
41 reports for AFL
Performance horizon
63% Hit rate 5 of 8 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

US Market Status

Market Open — Closes in 3h 11m

Subscribe to SecBot

Get Real-Time SEC Filing Intelligence

Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.

Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access
Report published May 15, 2026