Globe Life (NYSE: GL) CEO sells 12,500 shares after option exercise

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.

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

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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.

3700 SOUTH STONEBRIDGE DRIVE

(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)
02/17/2026

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	02/17/2026		M		12,500	A	$82.56	48,368	D
Common Stock	02/17/2026		S		3,595	D	$143.9489(1)(2)	44,773	D
Common Stock	02/17/2026		S		6,451	D	$144.9556(1)(3)	38,322	D
Common Stock	02/17/2026		S		2,454	D	$145.5165(1)(4)	35,868	D
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
Employee Stock Option (Right to Buy)	$82.56	02/17/2026		M			12,500	02/28/2022	02/28/2026	Common Stock	12,500	$0	0	D

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 $143.485 per share to $144.395 per share.

3. Sales at prices ranging from $144.40 per share to $145.395 per share.

4. Sales at prices ranging from $145.40 per share to $145.895 per share.

	Frank M. Svoboda, By: /s/ Chris T. Moore, Attorney-in-fact	02/18/2026
	** 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).
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FAQ

What did Globe Life (GL) CEO Frank M. Svoboda report in this Form 4?

Frank M. Svoboda reported exercising 12,500 employee stock options and selling 12,500 Globe Life common shares. The filing details the option exercise price, sale prices, and his remaining direct and indirect share holdings after these transactions.

How many Globe Life (GL) shares did the CEO sell and at what prices?

He sold 12,500 Globe Life common shares in three transactions: 3,595 shares at $143.9489, 6,451 shares at $144.9556, and 2,454 shares at $145.5165 per share, as disclosed in the Form 4 filing.

How many Globe Life (GL) shares does the CEO hold directly after these transactions?

After exercising options and selling shares, Frank M. Svoboda holds 35,868 Globe Life common shares directly. This figure reflects his remaining direct ownership following the reported open-market sales on 2026-02-17.

Did the Globe Life (GL) CEO exercise stock options in this Form 4?

Yes. He exercised employee stock options for 12,500 Globe Life shares at an exercise price of $82.5600 per share. The exercise converted derivative securities into common stock before the reported open-market sales.

What indirect Globe Life (GL) holdings are reported for the CEO?

The filing shows indirect ownership of 108,473 Globe Life shares through a Family Trust, 26,425 shares through a Spouse's Irrevocable Trust, and 1,951.130 shares through a 401(k) Plan, in addition to his directly held shares.

Is this Globe Life (GL) Form 4 primarily a buy or sell event?

The Form 4 reflects both an option exercise and net share sales. The CEO acquired 12,500 shares via option exercise and then sold 12,500 shares in open-market transactions, resulting in a mixed transaction profile with a net-sell share count.