Nippon Life Insurance Co filed a Form 4 with the SEC on September 11, 2026, disclosing a purchase of Corebridge Financial, Inc. common stock on September 9, 2026, under a Rule 10b5-1 trading plan.

Key Highlights

  • Shares purchased: Nippon Life acquired 136,466 shares of Corebridge Financial common stock on September 9, 2026.
  • Weighted average price: The transaction was reported at a weighted average price of $33.7787 per share, with individual purchases ranging from $33.49 to $33.98, inclusive.
  • Total beneficial ownership: Following the transaction, Nippon Life reported beneficial ownership of 122,125,993 shares of common stock.
  • Ownership breakdown: The total includes 122,092,722 shares held directly by Nippon Life and 33,271 shares held by Nissay Asset Management Corporation, a direct wholly owned subsidiary.
  • 10b5-1 plan: The purchases were made pursuant to a Rule 10b5-1 plan adopted by Nippon Life on August 7, 2026.
  • Reporting person status: Nippon Life is identified in the filing as a 10% owner of Corebridge Financial, Inc. (NYSE:CRBG).

Nippon Life Adds to Corebridge Stake Under Prearranged Trading Plan

According to the Form 4 filed September 11, 2026, Nippon Life Insurance Co, headquartered in Osaka, Japan, purchased 136,466 shares of Corebridge Financial, Inc. common stock on September 9, 2026. The filing indicates the transaction was carried out directly and was coded as a purchase (Code P). The reported weighted average price was $33.7787 per share, with individual transactions executed at prices ranging from $33.49 to $33.98, inclusive. The filing notes that Nippon Life will provide full information on the number of shares purchased at each separate price upon request.

The filing discloses that following this transaction, Nippon Life beneficially owns 122,125,993 shares of Corebridge Financial common stock on a direct basis. According to the filing, this total includes 122,092,722 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 further discloses that the purchases were effected pursuant to a Rule 10b5-1 plan adopted by Nippon Life on August 7, 2026, as indicated by the checked box on the filing cover. The filing was signed by Yohei Miyanaga, General Manager, on September 11, 2026. Nippon Life is identified in the filing as a 10% owner of the issuer, Corebridge Financial, Inc., traded on NYSE under the ticker CRBG.

What Was Disclosed

Nippon Life Insurance Co reported a direct purchase of 136,466 Corebridge Financial common shares on September 9, 2026, at a weighted average of $33.7787, under a Rule 10b5-1 plan, bringing its total beneficial ownership to 122,125,993 shares.