Globe Life (NYSE: GL) EVP gets stock awards and tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GLOBE LIFE INC. executive Rebecca E. Zorn, EVP & Chief Talent Officer, reported multiple equity awards and a related tax share disposition. She received an employee stock option for 8,500 shares on 02-27-2026 at a grant price of $0, first exercisable for 50% of the shares on 02-27-2028 and the remaining 50% on 02-27-2029. She also acquired 832 shares of common stock on 02-27-2026 and 6,631 shares on 02-25-2026 as stock awards. To cover tax obligations, 2,610 shares of common stock were disposed of on 02-25-2026 at $144.15 per share through share withholding rather than an open-market sale. Following these transactions, she directly owned 16,965.0997 common shares and 8,500 options.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Zorn Rebecca E
Role
EVP & Chief Talent Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (Right to Buy) | 8,500 | $0.00 | -- |
| Grant/Award | Common Stock | 832 | $0.00 | -- |
| Grant/Award | Common Stock | 6,631 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,610 | $144.15 | $376K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Employee Stock Option (Right to Buy) — 8,500 shares (Direct);
Common Stock — 17,797.1 shares (Direct);
Common Stock — 0 shares (Indirect, N/A)
Footnotes (1)
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FAQ
What insider transactions did GL executive Rebecca Zorn report on this Form 4?
Rebecca Zorn reported equity awards and a tax-related share disposition. She received 8,500 stock options, two stock grants totaling 7,463 common shares, and had 2,610 shares withheld at $144.15 per share to satisfy tax obligations.
How many Globe Life (GL) stock options were granted to Rebecca Zorn?
Rebecca Zorn was granted 8,500 employee stock options. These options are first exercisable for 50% of the shares on February 27, 2028, and the remaining 50% on February 27, 2029, providing a multi-year equity incentive structure.
What Globe Life (GL) common stock awards did Rebecca Zorn receive?
She received two common stock awards: 832 shares on February 27, 2026, and 6,631 shares on February 25, 2026. Both were reported as grants or awards with a per-share transaction price of $0, reflecting equity compensation rather than open-market purchases.
What are Rebecca Zorn’s Globe Life (GL) holdings after these transactions?
After the reported transactions, Rebecca Zorn directly owned 16,965.0997 shares of Globe Life common stock and 8,500 employee stock options. The filing classifies these positions as direct ownership, reflecting her post-award and post-withholding equity stake.
When do Rebecca Zorn’s Globe Life (GL) stock options become exercisable?
The 8,500 options become exercisable in two tranches. According to the footnote, 50% of the options vest on February 27, 2028, and the remaining 50% vest on February 27, 2029, creating a staggered long-term vesting schedule.