Globe Life (NYSE: GL) CEO reports option exercise and share sales
Rhea-AI Filing Summary
Globe Life Inc. reported insider stock transactions by Co-Chairman, CEO and Director Frank M. Svoboda on December 16, 2025. He exercised an employee stock option to acquire 12,500 shares of common stock at an exercise price of $82.56 per share, then sold portions of those shares on the same day.
The reported sales totaled 6,579 shares at a price shown as $140.2742 per share, with actual sale prices ranging from $139.65 to $140.64, and an additional 2,800 shares at $140.7887 per share, with prices ranging from $140.65 to $141.03. After these transactions, he directly owned 35,868 Globe Life common shares, plus 134,898 shares held through a family trust and 1,947.384 shares through a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (Right to Buy) | 12,500 | $0.00 | -- |
| Exercise | Common Stock | 12,500 | $82.56 | $1.03M |
| Sale | Common Stock | 6,579 | $140.2742 | $923K |
| Sale | Common Stock | 2,800 | $140.7887 | $394K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Sales at prices ranging from $139.65 per share to $140.64 per share. 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 $140.65 per share to $141.03 per share.
FAQ
What insider transaction did Globe Life (GL) disclose in this filing?
The company disclosed that Frank M. Svoboda, Co-Chairman, CEO and Director of Globe Life Inc., exercised stock options and sold shares of common stock on December 16, 2025.
What is Frank M. Svobodas direct ownership in Globe Life (GL) after these transactions?
Following the reported transactions, he directly owned 35,868 shares of Globe Life common stock.
What indirect Globe Life (GL) holdings does the CEO report?
He reported indirect ownership of 134,898 shares of Globe Life common stock through a family trust and 1,947.384 shares through a 401(k) plan.
What derivative security was involved in the Globe Life (GL) insider transaction?
The transaction involved an employee stock option (right to buy) covering 12,500 shares of Globe Life common stock with a $82.56 exercise price and an expiration date of February 28, 2026.