Aflac DEF 14A: Executive Pay & Stock Awards Detailed
Ticker: AFL · Form: DEF 14A · Filed: Mar 20, 2025 · CIK: 4977
Sentiment: neutral
Topics: executive-compensation, stock-awards, corporate-governance, pension-benefits
TL;DR
Aflac's 2025 DEF 14A drops: exec pay details, stock awards, pension values for 2024. Check it.
AI Summary
Aflac Inc. filed its DEF 14A on March 20, 2025, detailing executive compensation and corporate governance for the fiscal year ending December 31, 2024. The filing includes information on stock awards, pension benefits, and other compensation elements for its Named Executive Officers (NEOs) and Non-NEOs. Specific financial data related to these benefits, such as the grant date fair value of stock awards and changes in actuarial present value of pension members, are presented for the fiscal year 2024.
Why It Matters
This filing provides crucial transparency into how Aflac compensates its top executives, impacting investor confidence and corporate governance assessments.
Risk Assessment
Risk Level: medium — DEF 14A filings are routine disclosures, but they can reveal significant details about executive compensation and corporate actions that may influence stock performance.
Key Numbers
- 2024 — Fiscal Year (Data pertains to the fiscal year ending December 31, 2024.)
- 2023 — Prior Fiscal Year (Comparative data for the fiscal year ending December 31, 2023.)
Key Players & Entities
- AFLAC INC (company) — Filer
- 0000004977 (company) — Central Index Key
- 20250320 (date) — Filing Date
- 20250505 (date) — Period of Report
- 1231 (date) — Fiscal Year End
FAQ
What is the grant date fair value of stock awards granted to NEOs in fiscal year 2024?
The filing indicates 'GrantDateFairValueOfStockAwardsGrantedDuringFiscalYearMember' for NEOs, with specific dollar amounts to be detailed within the full report.
What was the change in actuarial present value of pension members for Aflac in 2024?
The DEF 14A reports on 'ChangeInActuarialPresentValueOfPensionMember' for both PEO and Non-PEO/NEO members for the fiscal year 2024.
What is the year-end value of stock awards granted during fiscal year 2024?
The filing references 'YearEndValueOfStockAwardsGrantedDuringFiscalYearMember' for fiscal year 2024, indicating a specific valuation at year-end.
What is the change in the value of vested stock awards granted in prior years for fiscal year 2024?
The DEF 14A includes data on 'ChangeInValueOfVestedStockAwardsGrantedInPriorYearsMember' for the fiscal year 2024.
When was Aflac Inc. previously known as American Family Corp?
The filing states the former company name was AMERICAN FAMILY CORP, with a date of name change on 19920306.
Filing Details
This Form DEF 14A (Form DEF 14A) was filed with the SEC on March 20, 2025 regarding AFLAC INC (AFL).