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GL Form 144: Proposed 15K-share insider sale negligible at 0.02 % float

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Globe Life Inc. (GL) – Form 144 filing

An undisclosed affiliate has notified the SEC of an intention to sell 15,000 common shares via Apex Clearing on or about 25 Jul 2025. At an aggregate market value of $1.97 million, the indicated price is roughly $131.5 per share. The shares were obtained through a stock-option exercise on 26 Feb 2020 and equal just 0.019 % of Globe Life’s 80.8 million shares outstanding.

Rule 144 filings serve as advance notice; the sale may or may not occur and no immediate cash proceeds accrue to the company. Given the limited size relative to float and the absence of new operational disclosures, the transaction is viewed as a routine insider liquidity move with minimal impact on Globe Life’s capital structure, earnings, or valuation.

Positive

  • None.

Negative

  • None.

Insights

TL;DR: Routine Form 144; 15k-share sale (<0.02 % of float) is immaterial to GL’s fundamentals.

The notice signals a potential insider sale worth about $2 million, acquired through option exercise. Even if executed, the stake is tiny versus the 80.8 million shares outstanding and should not influence supply-demand dynamics, earnings per share, or governance profile. No negative signal is implied absent other disclosures; insiders often sell for diversification or tax planning. Overall impact on investors is neutral.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

How many Globe Life (GL) shares are being registered for sale under Form 144?

The filing covers 15,000 common shares of Globe Life Inc.

What is the estimated market value of the proposed GL share sale?

The aggregate market value disclosed is $1,972,800.

When is the anticipated sale date for the Globe Life shares?

The filer lists an approximate sale date of 25 July 2025.

What percentage of Globe Life’s outstanding shares does the 15,000-share block represent?

It equals roughly 0.019 % of the 80,755,986 shares outstanding.

How were the shares originally acquired by the insider?

They were obtained through a stock-option exercise on 26 February 2020.
Globe Life Inc

NYSE:GL

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11.42B
79.06M
0.61%
85.78%
2.02%
Insurance - Life
Life Insurance
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United States
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