---
schema_version: "secwatch.filing_event.v1"
accession: "0000004977-22-000020"
form_type: "8-K"
ticker: "AFL"
cik: "0000004977"
company_name: "AFLAC INC"
filed_at: "2022-02-11T23:59:59+00:00"
generated_at: "2026-06-27T08:54:47.509049+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000004977-22-000020
- form_type: 8-K
- ticker: AFL
- cik: 0000004977
- company_name: AFLAC INC
- filed_at: 2022-02-11T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/4977/000000497722000020/0000004977-22-000020-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/4977/000000497722000020/afl-20220210.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000004977-22-000020
- JSON: https://secwatch.observer/filing/0000004977-22-000020.json
- Plain text: https://secwatch.observer/filing/0000004977-22-000020.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.