Globe Life (GL) SVP Henrie receives stock option and share awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GLOBE LIFE INC. senior vice president and chief accounting officer Michael Shane Henrie reported equity awards on common stock. He received a grant of 3,900 employee stock options at an exercise price of $0.00, first exercisable as to 50% of the shares on February 27, 2028 and the remaining 50% on February 27, 2029.
Henrie also acquired 1,099 shares of Globe Life common stock as a grant or award, bringing his directly held common stock to 3,975.0833 shares. In addition, 157.4510 shares are shown as indirectly held through a 401(k) plan, reflecting retirement plan holdings rather than a new purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
HENRIE MICHAEL SHANE
Role
SVP & Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (Right to Buy) | 3,900 | $0.00 | -- |
| Grant/Award | Common Stock | 1,099 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Employee Stock Option (Right to Buy) — 3,900 shares (Direct);
Common Stock — 3,975.083 shares (Direct);
Common Stock — 157.451 shares (Indirect, 401(k) Plan)
Footnotes (1)
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FAQ
What did Globe Life (GL) executive Michael Shane Henrie report on this Form 4?
He reported equity awards in Globe Life stock, including 3,900 employee stock options and 1,099 shares of common stock granted as awards. These awards increase his ownership stake without an open-market stock purchase.
How many stock options did the Globe Life (GL) officer receive?
He received 3,900 employee stock options with an exercise price of $0.00 per share. These options were granted as compensation and will become exercisable in stages over future dates, according to the vesting schedule disclosed.
When do Michael Shane Henrie’s Globe Life (GL) stock options vest?
The options vest in two equal parts: 50% of the 3,900 options become exercisable on February 27, 2028, and the remaining 50% become exercisable on February 27, 2029, creating a multi‑year incentive structure.
Does this Globe Life (GL) Form 4 show any stock sales by Henrie?
No stock sales are reported. The Form 4 lists two acquisition transactions, both coded as grants or awards, and one entry reflecting indirect holdings in a 401(k) plan, without indicating any disposition of shares.