Nippon Life Insurance Co filed a Form 4 with the SEC on October 28, 2026, disclosing the purchase of 182,826 shares of Corebridge Financial, Inc. common stock on October 26, 2026, under a Rule 10b5-1 plan.

Key Highlights

  • Transaction date: Nippon Life Insurance Co acquired 182,826 shares of Corebridge Financial common stock on October 26, 2026.
  • Weighted average price: Shares were purchased at a weighted average price of $34.9529, with individual transaction prices ranging from $34.58 to $35.31, inclusive.
  • Post-transaction ownership: Following the purchase, Nippon Life reported direct beneficial ownership of 131,445,541 shares in total.
  • Ownership breakdown: The total includes 131,412,270 shares held directly by Nippon Life and 33,271 shares held by Nissay Asset Management Corporation, a direct wholly owned subsidiary, according to the filing.
  • 10b5-1 plan: The purchases were made pursuant to a Rule 10b5-1 plan adopted by Nippon Life on August 7, 2026.
  • Reporting person role: Nippon Life Insurance Co is identified in the filing as a 10% owner of Corebridge Financial, Inc. (NYSE:CRBG).

Nippon Life's October 2026 Open-Market Purchase of Corebridge Financial Common Stock

According to the Form 4 filed on October 28, 2026, Nippon Life Insurance Co, headquartered in Osaka, Japan, reported a purchase of 182,826 shares of common stock in Corebridge Financial, Inc. (NYSE:CRBG) on October 26, 2026. The filing indicates the transaction code was "P" (purchase), and the shares were acquired, not disposed of. The filing further notes that the purchase was executed pursuant to a Rule 10b5-1 plan that Nippon Life adopted on August 7, 2026.

The filing discloses that the price of $34.9529 reported is a weighted average, as the shares were bought across multiple transactions at prices ranging from $34.58 to $35.31, inclusive. The filing states that Nippon Life "undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth herein."

Following the reported transaction, Nippon Life disclosed total beneficial ownership of 131,445,541 shares of Corebridge Financial common stock held directly. The filing notes that this figure includes 131,412,270 shares held of record by Nippon Life itself and 33,271 shares held of record by Nissay Asset Management Corporation, described as a direct wholly owned subsidiary of Nippon Life, which Nippon Life "may be deemed to beneficially own." The Form 4 was signed by Yohei Miyanaga, General Manager, on October 28, 2026.

What Was Disclosed

Nippon Life Insurance Co disclosed a purchase of 182,826 Corebridge Financial common shares on October 26, 2026, at a weighted average price of $34.9529, under a pre-established Rule 10b5-1 plan, bringing its reported total beneficial ownership to 131,445,541 shares.