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Globe Life (NYSE: GL) EVP exercises options and sells 2,000 shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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 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)
  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.
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
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"
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SEC Form 4
FORM 4UNITED 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*
Zorn Rebecca E

(Last)(First)(Middle)
GLOBE LIFE INC.
7677 HENNEMAN WAY

(Street)
MCKINNEY TEXAS 75070

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
GLOBE LIFE INC. [ GL ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP & Chief Talent Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/18/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock06/18/2026M2,000A$98.3219,797.0997D
Common Stock06/18/2026S2,000D$170.0967(1)(2)17,797.0997D
Common Stock0IN/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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Employee Stock Option (Right to Buy)$98.3206/18/2026M2,00002/24/202402/24/2028Common Stock2,000$014,200D
Explanation of Responses:
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.
2. Sales at prices ranging from $169.70 per share to $170.41 per share.
Rebecca E. Zorn by /s/ Chris T. Moore, Attorney-in-fact06/22/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

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.

How many Globe Life (GL) shares did Rebecca Zorn sell and at what price?

She sold 2,000 shares of Globe Life common stock. The reported average sale price was $170.0967 per share, with individual trades executed in a price range from $169.70 to $170.41, as disclosed in the Form 4 footnotes.

How many Globe Life (GL) shares does Rebecca Zorn hold after this Form 4 transaction?

Following the June 18, 2026 transactions, Rebecca E. Zorn directly holds 17,797.0997 shares of Globe Life common stock. This figure reflects her position after exercising 2,000 options and selling 2,000 shares in open-market transactions, as reported in the 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.

Were Rebecca Zorn’s Globe Life (GL) share sales open-market transactions?

Yes. The filing classifies the 2,000-share disposition as a non-derivative transaction with code “S,” described as a sale in open market or private transaction. Footnotes specify sales occurred at prices between $169.70 and $170.41 per share on June 18, 2026.