Globe Life (NYSE: GL) SVP sells 3,250 shares after option exercise
Rhea-AI Filing Summary
Globe Life Inc. executive Michael Shane Henrie, SVP & Chief Accounting Officer, reported an option exercise and share sale on 07/29/2025. He exercised employee stock options for 3,250 shares of common stock at $103.23 per share, then sold 3,250 shares at a weighted average price of $139.7526, with individual trades between $139.67 and $139.90.
After these transactions, he directly owned 3,040 Globe Life shares and held an additional 152.182 shares indirectly through a 401(k) plan. The amended report also corrects the amount of underlying securities shown for the employee stock option in Table II, while noting that the original report was filed on time.
Positive
- None.
Negative
- None.
FAQ
What insider stock transaction did Globe Life (GL) disclose for 07/29/2025?
Globe Life reported that Michael Shane Henrie exercised employee stock options for 3,250 shares at $103.23 per share and sold 3,250 shares of common stock at a weighted average price of $139.7526, with sale prices ranging from $139.67 to $139.90.
Who is the reporting person in this Globe Life (GL) insider transaction?
The reporting person is Michael Shane Henrie, who serves as Globe Life Inc.'s SVP & Chief Accounting Officer, making this a transaction by a senior officer of the company.
How many Globe Life (GL) shares does Michael Shane Henrie own after the reported transactions?
Following the 07/29/2025 transactions, Michael Shane Henrie directly owned 3,040 Globe Life common shares and held an additional 152.182 shares indirectly through a 401(k) plan.
What happened to the employee stock option reported in the Globe Life (GL) filing?
The filing shows an employee stock option (right to buy) for 3,250 shares with an exercise price of $103.23, exercisable from 02/23/2025 and expiring on 02/23/2029. On 07/29/2025, 3,250 option shares were exercised, and the number of derivative securities beneficially owned afterward was 0.
Why is this Globe Life (GL) insider report labeled as an amendment?
The report states that it was amended to reflect the correct amount of underlying securities in Table II and notes that the original filing covering this transaction was made on time.
Is this Globe Life (GL) insider transaction filed by one or multiple reporting persons?
The document indicates that the form is filed by one reporting person, specifically Michael Shane Henrie, with no additional joint filers.