Globe Life EVP awarded options and stock grants

GLOBE LIFE INC. executive Michael Clay Majors, EVP and Chief Strategy Officer, reported multiple equity compensation movements.

Rhea-AI Filing Summary

GLOBE LIFE INC. executive Michael Clay Majors, EVP and Chief Strategy Officer, reported multiple equity compensation movements. He received an employee stock option grant for 12,500 shares at an exercise price of $0.00 per share, first exercisable as to 50% of the shares on February 27, 2028 and the remaining 50% on February 27, 2029.

Majors also acquired 9,578 shares of common stock and an additional 1,140 shares as grants or awards, bringing his directly owned common stock to 53,518.447 shares after the later grant. In a separate tax-withholding transaction, 3,769 shares of common stock were disposed of at $144.15 per share to cover tax obligations, leaving 52,378.447 directly owned shares afterward.

Insider Trade Summary

5 transactions reported

Mixed 5 txns

Insider MAJORS MICHAEL CLAY

Role EVP - Chief Strategy Officer

Type	Security	Shares	Price	Value
Grant/Award	Employee Stock Option (Right to Buy)	12,500	$0.00	$0.00
Grant/Award	Common Stock	1,140	$0.00	$0.00
Grant/Award	Common Stock	9,578	$0.00	$0.00
Exercise Price or Tax Liability	Common Stock	3,769	$144.15	$543K
holding	Common Stock	--	--	--

Holdings After Transaction: Employee Stock Option (Right to Buy) — 12,500 contracts (Direct); Common Stock — 53,518.447 shares (Direct); Common Stock — 0 shares (Indirect, N/A)

Footnotes (1)

1. F1. First exercisable as to 50% of shares 02-27-28 and as to remaining 50% of shares 02-27-2029.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transactions did GL executive Michael Clay Majors report?

Michael Clay Majors reported stock option and stock award grants plus a tax-related share disposition. He received 12,500 options, 9,578 and 1,140 common shares as awards, and 3,769 shares were withheld at $144.15 each to satisfy tax obligations.

How many Globe Life (GL) options were granted to Michael Clay Majors?

He was granted an employee stock option covering 12,500 shares at a $0.00 exercise price. According to the filing, 50% of these options become exercisable on February 27, 2028 and the remaining 50% on February 27, 2029, subject to their terms.

What stock awards did Michael Clay Majors receive in Globe Life (GL) shares?

He received two common stock grants: 9,578 shares and 1,140 shares, both classified as grant or award acquisitions. After the later award, his directly owned Globe Life common stock position totaled 53,518.447 shares, as stated in the ownership figures.

Why were 3,769 Globe Life (GL) shares disposed of in Majors’ Form 4?

The 3,769 shares were disposed of under transaction code F, which covers payment of tax liability by delivering securities. These shares were valued at $144.15 each and were used to satisfy withholding obligations tied to the equity awards.

What is Michael Clay Majors’ Globe Life (GL) direct share ownership after these transactions?

Following the tax-withholding disposition and subsequent stock award, his directly held Globe Life common stock was 52,378.447 shares after the F transaction and 53,518.447 shares after the later 1,140-share award, according to the reported post-transaction balances.

When do Michael Clay Majors’ newly granted Globe Life (GL) options become exercisable?

The option grant becomes exercisable in two stages: 50% of the 12,500 options on February 27, 2028, and the remaining 50% on February 27, 2029. This vesting schedule is specified in the footnote accompanying the option grant.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 02/27/2026 - 05:21 PM EST Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

MAJORS MICHAEL CLAY

(Last) (First) (Middle)

GLOBE LIFE INC.

7677 HENNEMAN WAY

(Street)

MCKINNEY TX 75070

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
GLOBE LIFE INC. [ GL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP - Chief Strategy Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/25/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/25/2026		A		9,578	A	$0	56,147.447	D
Common Stock	02/25/2026		F		3,769	D	$144.15	52,378.447	D
Common Stock	02/27/2026		A		1,140	A	$0	53,518.447	D
Common Stock								0	I	N/A

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee Stock Option (Right to Buy)	$145.26	02/27/2026		A		12,500		(1)	02/27/2033	Common Stock	12,500	$0	12,500	D

Explanation of Responses:

1. First exercisable as to 50% of shares 02-27-28 and as to remaining 50% of shares 02-27-2029.

	Michael C. Majors, By /s/ Chris T. Moore, Attorney-in-fact	02/27/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.