STOCK TITAN

Globe Life (NYSE: GL) CEO uses 1,327 shares to cover tax liability

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

GLOBE LIFE INC. reported that Co-Chairman & CEO Frank M. Svoboda had a tax-withholding disposition of 1,327 shares of common stock on February 22, 2026 at $144.3900 per share, coded as a payment of tax liability by delivering securities. After this transaction, he held 34,571.4648 shares directly, which include 30.4648 dividend equivalent restricted stock units tied to prior awards. He also reported indirect holdings of 108,473.0000 shares through a Family Trust, 26,425.0000 shares through a Spouse's Irrevocable Trust, and 1,951.1300 shares through a 401(k) Plan.

Positive

  • None.

Negative

  • None.
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*
SVOBODA FRANK M

(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)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Co-Chairman & CEO
3. Date of Earliest Transaction (Month/Day/Year)
02/22/2026
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 02/22/2026 F 1,327 D $144.39 34,571.4648 D(1)
Common Stock 108,473 I Family Trust
Common Stock 26,425 I Spouse's Irrevocable Trust
Common Stock 1,951.13 I 401(k) Plan
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
Explanation of Responses:
1. Includes 30.4648 dividend equivalent restricted stock units acquired on restricted stock units in 2025 & 2026.
Frank M. Svoboda, By: /s/ Chris T. Moore, Attorney-in-fact 02/24/2026
** 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.

FAQ

What insider transaction did Globe Life (GL) disclose for Frank M. Svoboda?

Globe Life disclosed that Co-Chairman & CEO Frank M. Svoboda disposed of 1,327 common shares on February 22, 2026. The Form 4 classifies this as a tax-withholding disposition, meaning shares were delivered to cover tax obligations tied to equity compensation.

What was the price per share in Frank M. Svoboda’s Globe Life (GL) tax-withholding transaction?

The tax-withholding disposition used a price of $144.3900 per share for 1,327 Globe Life common shares. This price is the reference value reported for satisfying tax liabilities associated with Svoboda’s equity awards rather than an open-market purchase or sale.

How many Globe Life (GL) shares does Frank M. Svoboda hold directly after the reported transaction?

After the tax-withholding disposition, Frank M. Svoboda holds 34,571.4648 Globe Life common shares directly. This direct total includes 30.4648 dividend equivalent restricted stock units that were acquired on previously granted restricted stock units in 2025 and 2026.

What indirect Globe Life (GL) share holdings are reported for Frank M. Svoboda?

Svoboda reports indirect ownership of 108,473.0000 shares through a Family Trust, 26,425.0000 shares through a Spouse's Irrevocable Trust, and 1,951.1300 shares through a 401(k) Plan. These entries reflect beneficial holdings via related entities and plans.

What does the Form 4 tax-withholding disposition code mean for Globe Life (GL)?

The transaction is coded "F", described as payment of exercise price or tax liability by delivering securities. This indicates the 1,327 shares were used to satisfy tax obligations on equity compensation, not as a regular open-market share sale.

Do dividend equivalent restricted stock units affect Frank M. Svoboda’s direct Globe Life (GL) holdings?

Yes. A footnote explains that his direct holdings include 30.4648 dividend equivalent restricted stock units. These units were acquired on restricted stock units in 2025 and 2026, modestly increasing the total number of shares reported as directly held.
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11.49B
79.05M
Insurance - Life
Life Insurance
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United States
MCKINNEY