Globe Life (NYSE: GL) CAO uses 174 shares for tax withholding
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 a Form 4 transaction involving company common stock. On February 22, 2026, 174 shares were disposed of at $144.39 per share in a tax-withholding disposition related to equity compensation. After this, his directly held common stock totaled 2,876.0833 shares, which the footnote explains includes 10.0833 dividend-equivalent restricted stock units acquired on restricted stock units in 2025 and 2026. He also reports indirect ownership of 157.19 shares held through a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
HENRIE MICHAEL SHANE
Role
SVP & Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 174 | $144.39 | $25K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 2,876.083 shares (Direct);
Common Stock — 157.19 shares (Indirect, 401(k) Plan)
Footnotes (1)
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FAQ
What insider transaction did Globe Life (GL) report for Michael Shane Henrie?
Globe Life reported that executive Michael Shane Henrie disposed of 174 common shares in a tax-withholding transaction. The shares were valued at $144.39 each, reflecting stock withheld to cover taxes tied to equity compensation rather than an open-market sale.
What does the tax-withholding disposition code mean in this Globe Life (GL) filing?
The Form 4 uses transaction code F, indicating a tax-withholding disposition. This means shares were delivered to cover exercise price or tax liabilities from equity compensation, distinguishing it from a voluntary open-market sale of Globe Life common stock by the executive.