Globe Life (GL) EVP exercises 10,000 options and sells 10,000 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Globe Life Inc. executive Jennifer A. Haworth, EVP & Chief Marketing Officer, exercised an employee stock option for 10,000 shares of common stock at an exercise price of $50.64 per share on February 12, 2026. She then sold 10,000 shares of Globe Life common stock in multiple open-market transactions the same day at prices ranging from $141.595 to $144.075 per share. Following these transactions, she directly owned 17,479 shares of common stock and indirectly held 1,938.443 shares through a Thrift/401(k) Plan trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 10,000 shares ($1,431,355)
Net Sell
6 txns
Insider
Haworth Jennifer Allison
Role
EVP & Chief Marketing Officer
Sold
10,000 shs ($1.43M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (Right to Buy) | 10,000 | $0.00 | -- |
| Exercise | Common Stock | 10,000 | $50.64 | $506K |
| Sale | Common Stock | 1,592 | $142.2091 | $226K |
| Sale | Common Stock | 4,130 | $142.8872 | $590K |
| Sale | Common Stock | 4,278 | $143.72 | $615K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Employee Stock Option (Right to Buy) — 0 shares (Direct);
Common Stock — 27,479 shares (Direct);
Common Stock — 1,938.443 shares (Indirect, Thrift/401(k) Plan Trust)
Footnotes (1)
- 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. Sales at prices ranging from $141.595 per share to $142.45 per share. Sales at prices ranging from $142.505 per share to $143.20 per share. Sales at prices ranging from $143.34 per share to $144.075 per share.
FAQ
What insider transaction did Jennifer A. Haworth report for Globe Life (GL)?
Jennifer A. Haworth reported exercising an employee stock option for 10,000 Globe Life shares, then selling 10,000 common shares in multiple open-market trades on February 12, 2026. These trades converted derivative holdings into common stock and then reduced her direct share count.
What stock option did Jennifer A. Haworth exercise in this Globe Life (GL) Form 4?
She exercised an Employee Stock Option covering 10,000 Globe Life common shares with an exercise price of $50.64 per share. The option was originally granted on February 24, 2021 and carried an expiration date of February 24, 2026 before being fully exercised.
What are Jennifer A. Haworth’s Globe Life (GL) holdings after the reported transactions?
After exercising options and selling shares, she directly owned 17,479 Globe Life common shares. In addition, she indirectly held 1,938.443 shares through a Thrift/401(k) Plan trust, reflecting retirement-plan ownership separate from her directly held stock position.
What is Jennifer A. Haworth’s role at Globe Life (GL) in this insider filing?
In the filing, Jennifer A. Haworth is identified as an officer of Globe Life, serving as Executive Vice President & Chief Marketing Officer. Her transactions are therefore reported as those of a senior executive with direct beneficial ownership of the common stock involved.
Were Jennifer A. Haworth’s Globe Life (GL) stock sales open-market transactions?
Yes. The Form 4 lists transaction code “S” for the common stock sales, described as sales in open market or private transactions. The trades were executed in multiple price ranges, with detailed price breakdowns available upon request as noted in the footnotes.