Insider Selling: Aflac (NYSE:AFL) Major Shareholder Sells 26,300 Shares of Stock
MarketBeat
Aflac Incorporated (NYSE:AFL - Get Free Report) major shareholder Post Holdings Co. Ltd. Japan sold 26,300 shares of the company's stock in a transaction on Wednesday, June 17th. The shares were sold at an average price of $116.62, for a total value of $3,067,106.00. Following the completion of the sale, the insider directly owned 50,929,635 shares in the company, valued at $5,939,414,033.70. This trade represents a 0.05% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 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