Globe Life CEO exercises options, sells 12,500 shares
Sentiment and the balance of points
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Rhea-AI Filing Summary
GLOBE LIFE INC. Co-Chairman & CEO Frank M. Svoboda reported exercising employee stock options for 12,500 shares on 2026-02-17, acquiring common stock at an exercise price of $82.5600 per share. This increased his directly held common stock before subsequent sales.
On the same date, he sold a total of 12,500 common shares in open-market transactions, in three blocks of 3,595, 6,451 and 2,454 shares at average prices of $143.9489, $144.9556 and $145.5165 per share, leaving 35,868 shares held directly. He also reports indirect ownership of 108,473 shares through a Family Trust, 26,425 shares through a Spouse's Irrevocable Trust, and 1,951.130 shares through a 401(k) Plan.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (Right to Buy) | 12,500 | $0.00 | $0.00 |
| Exercise | Common Stock | 12,500 | $82.56 | $1.03M |
| Sale | Common Stock | 3,595 | $143.9489 | $517K |
| Sale | Common Stock | 6,451 | $144.9556 | $935K |
| Sale | Common Stock | 2,454 | $145.5165 | $357K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (4)
- F1. 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.
- F2. Sales at prices ranging from $143.485 per share to $144.395 per share.
- F3. Sales at prices ranging from $144.40 per share to $145.395 per share.
- F4. Sales at prices ranging from $145.40 per share to $145.895 per share.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Globe Life (GL) CEO Frank M. Svoboda report in this Form 4?
Did the Globe Life (GL) CEO exercise stock options in this Form 4?
What indirect Globe Life (GL) holdings are reported for the CEO?
Is this Globe Life (GL) Form 4 primarily a buy or sell event?
AI-generated analysis. How Rhea-AI works. Not financial advice.