Aflac amends restricted stock agreements and bylaws; lowers US retirement vesting hurdle to 10 yrs at age 55

AFLAC INC

Board amended US restricted stock forms, reducing retirement service requirement from 15 to 10 years after age 55.
Amendments clarify forfeiture of performance shares if performance goals not met or deemed unattainable by Compensation Committee.
Japan form unchanged: retirement definition remains voluntary termination after age 60.
Amendments applied retroactively to outstanding performance-based restricted stock grants made on Feb 11, 2021.
Bylaws amended to remove board age limits, clarify Executive Committee composition, and allow CEO to appoint certain officers.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.