Form 4: Aflac Executive Audrey B. Tillman Reports Stock Award and Tax Withholding
SEC Form 4 Filing
Audrey B. Tillman, a Senior Executive Vice President at Aflac, reported the acquisition of shares through a stock award and the subsequent disposal of shares to cover tax obligations.
Summary
- On February 11, 2025, Audrey B. Tillman, a Senior Executive Vice President at Aflac, reported transactions involving Aflac common stock.
- Tillman acquired 62,938 shares of common stock through a stock award under the Aflac Incorporated Long-Term Incentive Plan.
- Simultaneously, 26,733 shares were disposed of at a price of $102.61 to satisfy tax withholding obligations.
- Following these transactions, Tillman directly owns 258,823 shares of Aflac common stock.
- Additionally, Tillman indirectly owns 17,375 shares through a 401(k) plan and 8 shares held by children.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it reflects a standard transaction related to executive compensation. There are no overtly positive or negative implications.
Positives
- The acquisition of shares through the long-term incentive plan aligns the executive's interests with those of the shareholders.
Industry Context
This filing is a routine disclosure of insider transactions, which are common for executives receiving stock-based compensation. It provides transparency into the executive's holdings and aligns with regulatory requirements.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| February 14, 2017 | Date of the Amended and Restated Aflac Incorporated Long-Term Incentive Plan. |
| February 11, 2025 | Date of the stock award and tax withholding transactions. |
| February 13, 2025 | Date of signature for the Form 4 filing. |
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