Wednesday’s insider activity: Nippon Life buys $2.3M in Corebridge

On October 5, 2026, Nippon Life Insurance Co. made a significant insider purchase of Corebridge Financial, Inc. shares, acquiring 65,711 shares for approximately $2.3 million. The shares were bought at prices ranging from $34.36 to $35.05, with a weighted average price of $34.7529. The transactions were executed under a Rule 10b5-1 trading plan adopted by Nippon Life on August 7, 2026.

Corebridge's stock is currently near its 52-week high of $35.64, following a strong 48% return over the past six months, but the stock appears overvalued according to InvestingPro analysis.

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