Aflac Major Shareholder Sells $2M in Stock

Post Holdings Co. Ltd. Japan reduces stake in insurance company through multiple transactions

Mar. 13, 2026 at 4:38pm

Got story updates? Submit your updates here. ›

Aflac Incorporated (NYSE:AFL) disclosed that major shareholder Post Holdings Co. Ltd. Japan sold a total of 19,000 shares of the insurance company's stock over several transactions from March 5-11, 2026. The shares were sold at an average price of around $110 per share, resulting in total proceeds of approximately $2.1 million for Post Holdings.

Why it matters

The insider selling by Post Holdings, which owns over 10% of Aflac's shares, could signal potential near-term pressure on the stock price as the major shareholder reduces its position. Insider transactions, especially by large shareholders, are closely watched by investors as they can provide insights into the company's outlook.

The details

According to SEC filings, Post Holdings sold blocks of 19,100, 19,300, 17,300, and 18,100 Aflac shares on March 5, 5, 9, and 11, respectively, at average prices ranging from $109.53 to $110.77 per share. Following the transactions, Post Holdings still owns over 52 million Aflac shares, valued at nearly $5.8 billion based on the recent stock price.

  • On March 5, Post Holdings sold 19,100 Aflac shares.
  • On March 5, Post Holdings sold 19,300 Aflac shares.
  • On March 9, Post Holdings sold 17,300 Aflac shares.
  • On March 11, Post Holdings sold 18,100 Aflac shares.

The players

Post Holdings Co. Ltd. Japan

A major shareholder of Aflac Incorporated, owning over 10% of the company's shares.

Aflac Incorporated

An American insurance company that provides supplemental insurance products, including accident, dental, hospital, short-term disability, and vision coverage.

Got photos? Submit your photos here. ›

What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident

“Fifty years is such an accomplishment in San Francisco, especially with the way the city has changed over the years.”

— Gordon Edgar, grocery employee

The takeaway

The insider selling by Post Holdings, a major Aflac shareholder, could signal potential near-term pressure on the stock price as the investor reduces its position. However, Post Holdings still maintains a significant stake in the insurance company, suggesting it remains confident in Aflac's long-term prospects.