Insider Cluster (2 insiders) ·Filed May 28, 2026

AFL

AFLAC INC
NEUTRAL
Impact 2/10
Horizonimmediate Processed4mo ago
Insider cluster: 2 insiders, $2.7M total
Actionable Insight • Neutral

This cluster is routine and non-informative — CFO sale is option-exercise cash-out, Japan Post sale is institutional rebalancing at ~0.003% of its likely position. No tradeable signal. Aflac's recent 424B5 debt offering under existing shelf is also routine. Monitor Q2 earnings for core accident & health underwriting trends instead.

DirectionNeutral
Confidencehigh
Horizonimmediate
Final — all horizons settled through T+60d ⚠ clustered
AFL ▲ +3.05% at T+60d
NEUTRAL call ✓ call won +3.05% · α vs SPY +1.32% · entry $112.63 → $116.07
Entry anchored
May 27, 03:59 PM ET
via exchange tick
T+1d
-0.19%
call -0.19% · α -0.43%
$112.42
settled 4mo ago
T+5d
+1.66%
call +1.66% · α +1.71%
$114.50
settled 4mo ago
T+20d
+6.68%
call +6.68% · α +9.82%
$120.15
settled 3mo ago
T+60d
+3.05%
call +3.05% · α +1.32%
$116.07
settled 6w ago

Price Chart

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Executive Summary

Aflac CFO of Japan exercised options and sold 5,508 shares for $649K on May 22, while 10% owner Japan Post sold 17,170 shares for $2.01M on May 26. The cluster totals $2.66M in net selling, representing ~0.0045% of Aflac's $58.5B market cap, an immaterial amount relative to company size. The CFO sale follows a derivative exercise and appears liquidity-driven; Japan Post's sale is routine portfolio management by a major institutional holder. No bearish signal from this cluster.

Key Financial Metrics

Direction
selling
Total Value
$2.7M
Insiders
2

Key Facts

  • Insider cluster total $2.66M in open-market selling across two insiders over 7 days
  • CFO Aflac Japan exercised 5,508 options at $35.52, then sold same shares at $117.81 for $649K cash
  • 10% owner Japan Post sold 17,170 shares at $117.01 on May 26 for $2.01M
  • Total sales represent ~0.0045% of $58.5B market cap, well below 0.1% materiality threshold
  • Japan Post also sold 30,920 shares on May 22 for $3.64M, included in broader insider activity
  • Filing occurred 10 days after a debt offering (424B5) — no equity dilution concern

Financial Impact

Insider selling of $2.66M vs $58.5B market cap is negligible; no material economic impact

market cap

Risk Factors

  • No material risk identified from this cluster

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-1779973720374
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 28, 2026