[144] Globe Life Inc. SEC Filing

Rhea-AI Filing Summary

Globe Life Inc. (GL) – Form 144 notice of proposed insider sale

Executive Frank Svoboda intends to sell up to 25,000 common shares through Apex Clearing on or about 30 Jul 2025. The shares were obtained via stock-option exercise on 28 Feb 2019. Using the filing’s stated aggregate market value of $3.55 million, the transaction equals roughly 0.03 % of the 81.0 million shares outstanding.

Svoboda has already sold 30,000 shares in the past three months—15,000 on 20 May 2025 and 15,000 on 4 Jun 2025—realizing gross proceeds of $1.47 million. If the newly noticed sale is completed, total disposals would reach 55,000 shares over the May-July 2025 period.

Rule 144 filings are intent notices rather than confirmations; execution price and timing can change. Nevertheless, consecutive sales by a senior officer may influence investor sentiment, though the absolute amount is immaterial to share count.

Positive

• None.

Negative

• Senior executive plans to sell 25,000 shares valued at $3.5 M, following 30,000 shares sold earlier in the quarter, which could be interpreted as a bearish insider signal.

Insights

Securities Analyst

TL;DR – Insider plans further share sale; modest size, neutral fundamental impact.

The filing flags a planned $3.5 M sale by CFO-level executive Frank Svoboda following two smaller disposals this quarter. Combined, the 55 K shares represent only 0.07 % of shares outstanding and are likely part of ongoing option-exercise diversification. No operational data or guidance changes accompany the notice, so the event does not alter Globe Life’s underlying valuation drivers. Still, clustered insider selling may weigh on near-term sentiment until execution details are clarified.

Corporate Governance Expert

TL;DR – Routine Rule 144 disclosure; transparency positive, signal risk limited.

Form 144 ensures regulatory transparency for planned affiliate sales. Svoboda certifies he is unaware of undisclosed adverse information, reducing information-asymmetry risk. The size is well below Rule 144 volume limits, and prior trades were properly disclosed. From a governance lens, the filing appears procedural rather than opportunistic; thus impact on shareholder interests is neutral, though investors should monitor for continued executive selling trends.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	APEX CLEARING 350 N ST. PAUL ST SUITE 300 DALLAS TX 75201	25000	3546000.00	81008633	07/30/2025	NYSE

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	02/28/2019	Stock Option Exercise	GLOBE LIFE INC.			25000	07/30/2025	Proceeds of Stock Option Exercise

* 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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Frank Svoboda 3700 South Stonebridge Drive McKinney TX 75070	Stock Option Exercise	06/04/2025	15000	733616.99
Frank Svoboda 3700 South Stonebridge Drive McKinney TX 75070	Stock Option Exercise	05/20/2025	15000	737384.96

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does Globe Life's (GL) latest Form 144 disclose?

It discloses CFO-level executive Frank Svoboda’s intent to sell 25,000 common shares (~$3.55 M) around 30 Jul 2025.

How many shares has Frank Svoboda sold recently?

He sold 30,000 shares in May–June 2025 and now plans to sell an additional 25,000, totaling 55,000 shares if executed.

What percentage of Globe Life’s outstanding shares does the planned sale represent?

Approximately 0.03 % of the company’s 81.0 million shares outstanding.

Is a Form 144 filing a confirmed sale?

No. A Form 144 is a notice of proposed sale; execution details (price, timing, quantity) can change.

Does the executive attest to having no undisclosed adverse information?

Yes. By signing Form 144, the insider represents he is unaware of material non-public negative information about Globe Life.

Could this insider sale affect Globe Life’s stock price?

Given the small size relative to float, fundamental impact is minimal, but clustered insider selling may influence short-term sentiment.