Globe Life (GL) EVP receives 10,000 options and stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GLOBE LIFE INC. executive vice president Robert Sweeney reported equity compensation awards. He received an employee stock option for 10,000 shares at a price of $0.00 per share and a grant of 906 shares of common stock, both acquired as awards on February 27, 2026. The option becomes exercisable as to 50% of the shares on February 27, 2028 and the remaining 50% on February 27, 2029. Following these transactions, he directly holds 10,000 options and 906 common shares, and shows zero indirectly held common shares through a Thrift Plan Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Sweeney Robert
Role
EVP, Underwriting & Sales Adm.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (Right to Buy) | 10,000 | $0.00 | -- |
| Grant/Award | Common Stock | 906 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Employee Stock Option (Right to Buy) — 10,000 shares (Direct);
Common Stock — 906 shares (Direct);
Common Stock — 0 shares (Indirect, Thrift Plan Trust)
Footnotes (1)
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FAQ
What insider transactions did Globe Life (GL) report for Robert Sweeney?
Globe Life executive vice president Robert Sweeney reported equity compensation awards, not open-market trades. He was granted 10,000 employee stock options and 906 shares of common stock on February 27, 2026, reflecting standard incentive-based compensation rather than a discretionary purchase or sale in the market.
How many stock options were granted to Robert Sweeney of Globe Life (GL)?
Robert Sweeney received an award of 10,000 employee stock options. These options carry a stated price of $0.00 per share in the filing and represent a right to buy Globe Life common stock in the future, subject to the specified vesting and exercisability schedule disclosed.
When do Robert Sweeney’s Globe Life (GL) stock options become exercisable?
Robert Sweeney’s 10,000 stock options become exercisable in two equal stages. Half of the options first become exercisable on February 27, 2028, and the remaining half become exercisable on February 27, 2029, creating a multi-year vesting and exercisability structure tied to ongoing service.
What is Robert Sweeney’s reported Globe Life (GL) ownership after these awards?
After the reported awards, Robert Sweeney directly holds 10,000 employee stock options and 906 shares of Globe Life common stock. The filing also indicates zero indirectly held common shares through a Thrift Plan Trust, reflecting only direct ownership positions following the February 27, 2026 transactions.
How is the Thrift Plan Trust reported in Robert Sweeney’s Globe Life (GL) filing?
The Form 4 lists an indirect holding line for common stock through a Thrift Plan Trust. For this line, total shares following the transaction are shown as 0.0000, indicating no Globe Life shares are currently reported as indirectly held via the Thrift Plan Trust for Sweeney.