Insider Selling: Aflac (NYSE:AFL) Major Shareholder Sells 42,000 Shares of Company Stock
MarketBeat
Aflac Incorporated (NYSE:AFL - Get Free Report) major shareholder Post Holdings Co. Ltd. Japan sold 42,000 shares of the business's stock in a transaction that occurred on Tuesday, October 13th. The shares were sold at an average price of $116.38, for a total value of $4,887,960.00. Following the completion of the sale, the insider owned 50,302,940 shares of the company's stock, valued at $5,854,256,157.20. The trade was a 0.08% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Major shareholders that own 10% or more of a company's stock are required to disclose their sales and purchases with the SEC.
NYSE:AFL