Insider Selling: Aflac (NYSE:AFL) Major Shareholder Sells 18,000 Shares of Stock
MarketBeat
Aflac Incorporated (NYSE:AFL - Get Free Report) major shareholder Post Holdings Co. Ltd. Japan sold 18,000 shares of the company's stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $117.03, for a total transaction of $2,106,540.00. Following the sale, the insider directly owned 51,313,545 shares of the company's stock, valued at $6,005,224,171.35. The trade was a 0.04% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible 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 stock are required to disclose their sales and purchases with the SEC.
NYSE:AFL
