Form 4: Aflac Executive Reports Stock Grants, Tax Withholding

Aflac's EVP, CFO of Aflac Japan, Steven Kent Beaver, reported the acquisition of common stock through grants and a related disposition for tax withholding.

Summary

• Steven Kent Beaver, Executive Vice President and Chief Financial Officer of Aflac Japan, reported transactions involving Aflac Inc. common stock.
• On February 10, 2026, Beaver acquired 11,032 shares of common stock at a price of $0, granted under the Aflac Incorporated Long-Term Incentive Plan (as Amended and Restated February 14, 2017).
• On the same date, Beaver disposed of 3,646 shares of common stock at a price of $113.2 per share, which is a common practice for tax withholding related to stock grants.
• Also on February 10, 2026, Beaver acquired an additional 2,158 shares of common stock at a price of $0, also granted under the Aflac Incorporated Long-Term Incentive Plan.
• Following these reported transactions, Steven Kent Beaver beneficially owns 47,912 shares of Aflac Inc. common stock.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a routine compensation event, reflecting continued executive alignment with company performance through stock grants, which is generally a positive signal for corporate governance.

Positives

• The acquisition of 11,032 and 2,158 shares of common stock at $0 price indicates executive compensation and continued alignment with shareholder interests through the Aflac Incorporated Long-Term Incentive Plan.

Negatives

• The disposition of 3,646 shares at $113.2 per share for tax withholding is a routine event associated with stock grants and does not represent a discretionary sale or a negative outlook on the company.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future performance.

Industry Context

StockSavvy.ai notes that this Form 4 filing represents a routine disclosure of insider transactions related to executive compensation, common across publicly traded companies. Such filings provide transparency into how executives are compensated and manage their equity holdings.

Stakeholder Impact

• Shareholders: The grants align executive interests with shareholder value creation, as a portion of executive compensation is tied to company stock performance.

Key Dates

Recommendation

This Form 4 details routine executive compensation through stock grants and associated tax withholding. It does not provide new fundamental information about Aflac's financial performance or strategic direction that would warrant a change in investment recommendation.

Keywords

Aflac, AFL, Form 4, insider transaction, stock grant, executive compensation, Steven Kent Beaver, long-term incentive plan