STOCK TITAN

Globe Life (NYSE: GL) EVP sells shares after exercising stock options

Filing Impact
(Very High)
Filing Sentiment
(Very Negative)
Form Type
4

Rhea-AI Filing Summary

Globe Life Inc. executive Michael Clay Majors, EVP and Chief Strategy Officer, reported stock option exercises and share sales dated February 6, 2026. He exercised employee stock options for 27,000 shares at $100.74 per share and 3,000 shares at $98.32 per share, receiving common stock.

On the same date he sold several blocks of common stock, including 11,581, 13,510, 3,488 and 1,421 shares at weighted average prices of about $146.04, $147.18, $147.92 and $148.63 per share, with detailed price ranges disclosed in the footnotes. After these transactions he directly owned 47,066 Globe Life shares and reported 0 shares held indirectly.

Positive

  • None.

Negative

  • None.
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
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
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*
MAJORS MICHAEL CLAY

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP - Chief Strategy Officer
3. Date of Earliest Transaction (Month/Day/Year)
02/06/2026
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 02/06/2026 M 27,000 A $100.74 74,066 D
Common Stock 02/06/2026 M 3,000 A $98.32 77,066 D
Common Stock 02/06/2026 S 11,581 D $146.0422(1)(2) 65,485 D
Common Stock 02/06/2026 S 13,510 D $147.1781(2)(3) 51,975 D
Common Stock 02/06/2026 S 3,488 D $147.9173(2)(4) 48,487 D
Common Stock 02/06/2026 S 1,421 D $148.6257(2)(5) 47,066 D
Common Stock 0 I N/A
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) $100.74 02/06/2025 M 27,000 02/26/2023 02/26/2027 Common Stock 27,000 $0 0 D
Employee Stock Option (Right to Buy) $98.32 02/06/2025 M 3,000 02/24/2024 02/24/2028 Common Stock 3,000 $0 34,000 D
Explanation of Responses:
1. Sales at prices ranging from $145.605 per share to $146.42 per share.
2. 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.
3. Sales at prices ranging from $146.62 per share to $147.475 per share.
4. Sales at prices ranging from $147.55 per share to $148.465 per share.
5. Sales at prices ranging from $148.48 per share to $148.79 per share.
Michael C. Majors, By /s/ Chris T. Moore, Attorney-in-fact 02/09/2026
** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did GL executive Michael Clay Majors report?

Michael Clay Majors reported exercising employee stock options and selling Globe Life common stock. He exercised 27,000 options at $100.74 and 3,000 at $98.32, then sold multiple share blocks the same day at prices around $146–$149 per share.

How many Globe Life (GL) shares does Michael Clay Majors own after these trades?

After the reported transactions, Michael Clay Majors directly owned 47,066 shares of Globe Life common stock. The filing also shows zero shares reported as indirectly owned, with the indirect ownership line marked as 0 shares and “N/A” for nature of ownership.

What stock options did the Globe Life (GL) EVP exercise on February 6, 2026?

On February 6, 2026, the EVP exercised two employee stock option grants. One covered 27,000 shares at an exercise price of $100.74 per share, and the other covered 3,000 shares at an exercise price of $98.32 per share, both converting into common stock.

At what prices did the Globe Life (GL) executive sell common stock?

The executive sold shares at several weighted average prices: about $146.0422, $147.1781, $147.9173 and $148.6257 per share. Footnotes explain these represent ranges, from $145.605 up to $148.79 per share, with exact breakdowns available upon request.

What is Michael Clay Majors’ role at Globe Life (GL) in this Form 4 filing?

In this Form 4, Michael Clay Majors is identified as an officer of Globe Life Inc. His title is “EVP - Chief Strategy Officer,” and he is not marked as a director or 10% owner. The filing is made by one reporting person in that capacity.

Does the Globe Life (GL) Form 4 show any indirect holdings for the executive?

The Form 4 includes a line for indirect ownership that lists 0 shares and notes “N/A” as the nature of indirect beneficial ownership. This indicates no indirect Globe Life common stock holdings were reported for the executive in this particular filing.
Globe Life Inc

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11.66B
79.05M
0.61%
85.78%
2.02%
Insurance - Life
Life Insurance
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United States
MCKINNEY