Insider Selling: Aflac (NYSE:AFL) Major Shareholder Sells 28,800 Shares of Stock
MarketBeat
Aflac Incorporated (NYSE:AFL - Get Free Report) major shareholder Post Holdings Co. Ltd. Japan sold 28,800 shares of the firm's stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $117.17, for a total transaction of $3,374,496.00. Following the completion of the transaction, the insider directly owned 50,985,935 shares in the company, valued at $5,974,022,003.95. This trade represents a 0.06% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Major shareholders that own more than 10% of a company's stock are required to disclose their sales and purchases with the SEC.
NYSE:AFL
