Major Aflac Shareholder Sells $2.2 Million in Stock

Post Holdings Co. Ltd. Japan reduces stake by 0.04% through pre-arranged trading plan

Apr. 6, 2026 at 4:39pm

An extreme close-up of gleaming metal gears, levers, and vaults, conveying the industrial might and institutional security of Aflac's financial operations.An insider's view of the tangible financial infrastructure powering Aflac's growth and stability.Columbus Today

Aflac Incorporated (NYSE:AFL) major shareholder Post Holdings Co. Ltd. Japan sold 20,100 shares of the company's stock in a transaction on Thursday, April 2nd. The shares were sold at an average price of $110.20, for a total transaction of $2,215,020.00. Following the sale, the insider now directly owns 51,934,800 shares in the company, valued at approximately $5.72 billion.

Why it matters

Insider transactions, especially by major shareholders, can provide insights into a company's outlook and performance. This sale represents a small 0.04% decrease in Post Holdings' Aflac stake, which remains substantial at over 51 million shares.

The details

The transaction was executed under a pre-arranged Rule 10b5-1 trading plan, which allows insiders to schedule stock sales in advance to avoid concerns about trading on material non-public information. Major shareholders that own 10% or more of a company's stock are required to disclose their transactions with the SEC.

  • The shares were sold on Thursday, April 2, 2026.
  • This was the latest in a series of sales by Post Holdings Co. Ltd. Japan over the past several weeks.

The players

Post Holdings Co. Ltd. Japan

A major shareholder of Aflac Incorporated, owning over 51 million shares or approximately 10% of the company.

Aflac Incorporated

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

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What they’re saying

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

— Robert Jenkins, San Francisco resident

What’s next

The transaction was disclosed in a filing with the SEC, which is available to the public. Investors will likely continue to monitor Aflac's stock performance and any further insider trading activity.

The takeaway

This insider sale, while relatively small, underscores the importance of tracking major shareholder transactions for insights into a company's outlook. Aflac's stock has performed well recently, but investors should keep a close eye on any significant changes in ownership by large investors.