Aflac (NYSE:AFL) Major Shareholder Sells $1,477,504.00 in Stock
MarketBeat
Aflac Incorporated (NYSE:AFL - Get Free Report) major shareholder Post Holdings Co. Ltd. Japan sold 12,800 shares of Aflac stock in a transaction on Tuesday, June 9th. The shares were sold at an average price of $115.43, for a total value of $1,477,504.00. Following the transaction, the insider owned 51,142,735 shares in the company, valued at $5,903,405,901.05. This represents a 0.03% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Large shareholders that own more than 10% of a company's shares are required to disclose their transactions with the SEC.
NYSE:AFL