GL executive logs stock grants and share sale
GLOBE LIFE INC. executive Robert Edward Hensley, EVP & Chief Investment Officer, reported a mix of equity awards and share sales.
Rhea-AI Filing Summary
GLOBE LIFE INC. executive Robert Edward Hensley, EVP & Chief Investment Officer, reported a mix of equity awards and share sales. He received an employee stock option for 12,800 shares 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. He was also granted 8,473 shares of common stock and an additional 1,235 shares as stock awards. To cover tax obligations, 3,335 shares of common stock were disposed of in a tax-withholding transaction at $144.15 per share. Separately, he sold 712 shares of common stock in an open-market or private transaction at $142.59 per share. After these transactions, his directly held common stock balance reported in one line was 17,052.9885 shares, with another line showing 14,952.9885 shares following a subsequent award.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (Right to Buy) | 12,800 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 1,235 | $0.00 | $0.00 |
| Sale | Common Stock | 712 | $142.59 | $102K |
| Grant/Award | Common Stock | 8,473 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 3,335 | $144.15 | $481K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. First exercisable as to 50% of shares 02-27-2028 and as to remaining 50% of shares 02-27-2029.
FAQ
What insider transactions did GL executive Robert Hensley report?
How many stock options did Robert Hensley receive from GLOBE LIFE INC. (GL)?
What common stock grants did GL award to Robert Hensley in this Form 4?
What is the tax-withholding transaction reported for GL executive Robert Hensley?
When do Robert Hensley’s new stock options in GL become exercisable?
AI-generated analysis. How Rhea-AI works. Not financial advice.