Director’s trust trims Globe Life (NYSE: GL) stake by 3,000 shares
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Globe Life Inc. director amends prior insider trade report to clarify ownership. The amended Form 4 shows that on January 6, 2025, a trust associated with the director sold 3,000 shares of Globe Life common stock at $113.235 per share.
After the sale, the director holds 1,604 shares directly and 3,518 shares indirectly through the trust. The amendment corrects the earlier filing to state that the transaction was executed from the reporting person's trust account rather than from a direct personal holding.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,000 shares ($339,705)
Net Sell
2 txns
Insider
BLINN MARK A
Role
Director
Sold
3,000 shs ($340K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,000 | $113.235 | $340K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 3,518 shares (Indirect, By Trust);
Common Stock — 1,604 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Globe Life (GL) disclose in this Form 4/A?
Globe Life disclosed an amended insider sale. A trust associated with a company director sold 3,000 shares of Globe Life common stock at $113.235 per share, and the amendment clarifies that the transaction was executed from the trust account, not directly by the individual.
Who is the insider involved in the amended Globe Life (GL) filing and what is their role?
The insider is Mark A. Blinn, a director of Globe Life Inc. The Form 4/A corrects his prior report to show that the 3,000-share sale on January 6, 2025 was made from his trust account, which holds shares indirectly on his behalf.
Why was an amendment (Form 4/A) filed for the Globe Life (GL) insider transaction?
The amendment corrects how the sold shares were held. It states that the 3,000 shares of Globe Life common stock were sold from the reporting person’s trust account, not from a direct personal account, while confirming the original sale was reported on time.