Insider Selling: Aflac (NYSE:AFL) Major Shareholder Sells 16,300 Shares of Stock
MarketBeat
Aflac Incorporated (NYSE:AFL - Get Free Report) major shareholder Post Holdings Co. Ltd. Japan sold 16,300 shares of the stock in a transaction dated Wednesday, June 3rd. The shares were sold at an average price of $115.19, for a total transaction of $1,877,597.00. Following the transaction, the insider directly owned 51,248,735 shares of the company's stock, valued at $5,903,341,784.65. This trade represents a 0.03% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Major shareholders that own more than 10% of a company's shares are required to disclose their sales and purchases with the SEC.
NYSE:AFL
