Insider Cluster (3 insiders) ·Filed May 21, 2026

AFL

AFLAC INC
NEUTRAL
Impact 2/10
Horizondays Processed4mo ago
Insider cluster: 3 insiders, $4.7M total
Actionable Insight • Neutral

The insider cluster is immaterial in size and dominated by a 10% owner (Japan Post) likely managing its position, not signaling bearishness. The recent debt offerings are routine capital management. No actionable trading signal — monitor for any change in Japan Post's ownership trajectory or a material increase in C-suite selling.

DirectionNeutral
Confidencehigh
Horizondays
Final — all horizons settled through T+60d
AFL ▲ +2.69% at T+60d
NEUTRAL call ✓ call won +2.69% · α vs SPY -1.61% · entry $117.81 → $120.98
Entry anchored
May 21, 10:21 AM ET
via exchange tick
T+1d
+0.04%
call +0.04% · α -0.40%
$117.86
settled 4mo ago
T+5d
-4.40%
call -4.40% · α -6.00%
$112.63
settled 4mo ago
T+20d
-1.16%
call -1.16% · α -1.50%
$116.44
settled 3mo ago
T+60d
+2.69%
call +2.69% · α -1.61%
$120.98
settled 6w ago

Price Chart

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Executive Summary

Aflac insiders sold $4.72M in shares over a 7-day window, with 10% owner Japan Post Holdings accounting for $4.24M of the total. The sales follow two recent debt offerings (424B5 filings) and come amid a 13% analyst bullish consensus. The dollar value is trivial relative to Aflac's $59.7B market cap (0.008%), making this a routine liquidity event with no material signal.

Key Financial Metrics

Direction
selling
Total Value
$4.7M
Insiders
3

Key Facts

  • Total insider sales of $4.72M over 7 days, representing 0.008% of market cap
  • Japan Post Holdings (10% owner) sold $4.24M across three transactions
  • Director Thomas Kenny sold $203K; Director Arthur Collins sold $268K
  • Sales follow two 424B5 debt offerings (May 11 and May 18) for general corporate purposes
  • All sales are open-market transactions; no 10b5-1 plan indicated
  • Analyst consensus is 13% bullish (3 buys, 12 holds, 8 sells)

Financial Impact

$4.72M in insider sales, negligible relative to $59.7B market cap

dilutioninsider ownership

Risk Factors

  • Japan Post Holdings may continue reducing its stake, creating overhang
  • Debt offerings increase leverage, though Aflac's credit profile remains strong

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-1779373398194
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

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Report published May 21, 2026