Globe Life (NYSE: GL) EVP exercises options and sells 2,000 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Globe Life Inc. executive Rebecca E. Zorn reported an option exercise and share sale. On June 18, 2026, she exercised 2,000 employee stock options at $98.32 per share and sold 2,000 shares of common stock in open-market transactions at an average price of $170.0967.
After these transactions, she directly holds 17,797.0997 shares of Globe Life common stock and 14,200 remaining employee stock options expiring on February 24, 2028. The sale prices ranged from $169.70 to $170.41 per share.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,000 shares ($340,193)
Net Sell
4 txns
Insider
Zorn Rebecca E
Role
EVP & Chief Talent Officer
Sold
2,000 shs ($340K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (Right to Buy) | 2,000 | $0.00 | -- |
| Exercise | Common Stock | 2,000 | $98.32 | $197K |
| Sale | Common Stock | 2,000 | $170.0967 | $340K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Employee Stock Option (Right to Buy) — 14,200 shares (Direct, null);
Common Stock — 19,797.1 shares (Direct, null);
Common Stock — 0 shares (Indirect, N/A)
Footnotes (1)
- Reporting person will provide full information regarding the number of shares sold at each separate price upon request by the SEC staff, the issuer or any security holder of the issuer. Sales at prices ranging from $169.70 per share to $170.41 per share.
Key Figures
Shares sold: 2,000 shares
Average sale price: $170.0967 per share
Sale price range: $169.70–$170.41 per share
+5 more
8 metrics
Shares sold
2,000 shares
Globe Life common stock sold on June 18, 2026
Average sale price
$170.0967 per share
Open-market sale of 2,000 Globe Life shares
Sale price range
$169.70–$170.41 per share
Prices for individual trades on June 18, 2026
Options exercised
2,000 options
Employee stock options exercised at $98.32 per share
Exercise price
$98.32 per share
Employee Stock Option (Right to Buy) conversion price
Shares held after
17,797.0997 shares
Direct Globe Life common stock holdings post-transaction
Options remaining
14,200 options
Employee stock options outstanding after exercise
Option expiration
February 24, 2028
Remaining employee stock options expiry date
Key Terms
open-market sale, Employee Stock Option (Right to Buy), derivative security, non-derivative
4 terms
open-market sale financial
"transaction_action: "open-market sale" for 2,000 common shares"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Employee Stock Option (Right to Buy) financial
"security_title: "Employee Stock Option (Right to Buy)" with 2,000 shares"
derivative security financial
"transaction_code_description: "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
non-derivative financial
"transaction_type: "non-derivative" for common stock sale and acquisition"
FAQ
What insider transaction did Globe Life (GL) executive Rebecca Zorn report?
Rebecca E. Zorn reported an option exercise and related share sale. She exercised 2,000 employee stock options and sold 2,000 shares of Globe Life common stock in open-market transactions, all dated June 18, 2026, according to the Form 4 insider filing.
What stock options did Globe Life (GL) executive Rebecca Zorn exercise in this filing?
She exercised 2,000 employee stock options with a conversion or exercise price of $98.32 per share. After this exercise, she still holds 14,200 employee stock options, which are scheduled to expire on February 24, 2028, according to the Form 4 details.