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  4. [Form 4] GLOBE LIFE INC. Insider Trading Activity

GLOBE LIFE (GL) EVP Skarjune exercises 4,175 options and sells 4,175 shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

GLOBE LIFE INC. executive Dolores L. Skarjune reported option exercises combined with open-market sales of company stock. On 2026-06-12, she exercised employee stock options covering 1,700 shares at a strike price of $103.23 per share and 2,475 shares at $98.32 per share, converting derivative awards into common stock. She then sold 874 shares at $167.2530 per share, 1,103 shares at $166.5095 per share, and 2,198 shares at $165.5846 per share in open-market transactions. Following these transactions, she directly holds 15,673.734 shares of common stock and indirectly holds 2,894.735 shares through a 401(k) plan, while the option positions referenced in this filing have been fully exercised.

Positive

  • None.

Negative

  • None.

Insights

Routine option exercise paired with same-day stock sales, leaving a sizable remaining position.

Dolores L. Skarjune used employee stock options to acquire 4,175 GLOBE LIFE shares at strike prices of $103.23 and $98.32, then sold 4,175 shares in several open-market trades around the mid-$160s per share. This pattern is typical of executives monetizing vested awards.

After these trades, she continues to hold 15,673.734 shares directly and 2,894.735 shares indirectly via a 401(k) plan, indicating she retains meaningful equity exposure. The filing shows no remaining derivative positions tied to these options, so her compensation has shifted further from options into outright share ownership and cash from sales.

Insider Skarjune Dolores L
Role EVP and Chief Admin. Officer
Sold 4,175 shs ($694K)
Type Security Shares Price Value
Exercise Employee Stock Option (right to buy) 2,475 $0.00 --
Exercise Employee Stock Option (right to buy) 1,700 $0.00 --
Exercise Common Stock 2,475 $98.32 $243K
Exercise Common Stock 1,700 $103.23 $175K
Sale Common Stock 2,198 $165.5846 $364K
Sale Common Stock 1,103 $166.5095 $184K
Sale Common Stock 874 $167.253 $146K
holding Common Stock -- -- --
Holdings After Transaction: Employee Stock Option (right to buy) — 0 shares (Direct, null); Common Stock — 16,171.734 shares (Direct, null); Common Stock — 2,894.735 shares (Indirect, 401(K) Plan)
Footnotes (1)
  1. Includes 5.0088 dividend equivalent restricted stock units acquired on restricted stock units since date of last report. Includes 12.9066 shares acquired through Company's dividend reinvestment plan since date of last report. 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 $165.17 per share to $166.105 per share. Sales at prices ranging from $166.115 per share to $166.99 per share. Sales at prices ranging from $167.155 per share to $167.445 per share.
Shares sold 4,175 shares Total common shares sold in open-market transactions on 2026-06-12
Sale tranche 1 874 shares at $167.2530/share Common stock open-market sale on 2026-06-12
Sale tranche 2 1,103 shares at $166.5095/share Common stock open-market sale on 2026-06-12
Sale tranche 3 2,198 shares at $165.5846/share Common stock open-market sale on 2026-06-12
Options exercised 4,175 shares Employee stock options exercised on 2026-06-12
Option strike prices $103.23 and $98.32/share Exercise prices for 1,700 and 2,475 options, respectively
Direct holdings after 15,673.734 shares Direct GLOBE LIFE common stock owned after transactions
Indirect holdings after 2,894.735 shares Shares held through 401(k) plan after transactions
Employee Stock Option (right to buy) financial
"security_title: "Employee Stock Option (right to buy)""
dividend equivalent restricted stock units financial
"Includes 5.0088 dividend equivalent restricted stock units acquired on restricted stock units"
dividend reinvestment plan financial
"Includes 12.9066 shares acquired through Company's dividend reinvestment plan"
A dividend reinvestment plan lets shareholders automatically use cash dividends to buy more shares of the same company instead of receiving the money. It matters to investors because it turns regular payouts into a steady way to grow ownership and take advantage of compound returns—like having your savings automatically buy additional slices of a pie over time—while often reducing transaction costs and smoothing purchase timing.
open-market sale financial
"transaction_action: "open-market sale" for common stock transactions"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
derivative exercise/conversion financial
"transaction_action: "derivative exercise/conversion" for option exercises"
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Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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*
Skarjune Dolores L
(Last)(First)(Middle)
C/O GLOBE LIFE INC.
7677 HENNEMAN WAY
(Street)
MCKINNEY TEXAS 75070
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
GLOBE LIFE INC. [ GL ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP and Chief Admin. Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/12/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock06/12/2026M2,475A$98.3216,171.734(1)(2)D
Common Stock06/12/2026M1,700A$103.2317,871.734D
Common Stock06/12/2026S2,198D$165.584615,673.734(3)(4)D
Common Stock06/12/2026S1,103D$166.509514,570.734(3)(5)D
Common Stock06/12/2026S874D$167.25313,696.734(3)(6)D
Common Stock2,894.735I401(K) Plan
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Employee Stock Option (right to buy)$98.3206/12/2026M2,47502/24/202402/24/2028Common Stock2,475$00D
Employee Stock Option (right to buy)$103.2306/12/2026M1,70002/23/202502/23/2029Common Stock1,700$01,850D
Explanation of Responses:
1. Includes 5.0088 dividend equivalent restricted stock units acquired on restricted stock units since date of last report.
2. Includes 12.9066 shares acquired through Company's dividend reinvestment plan since date of last report.
3. 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.
4. Sales at prices ranging from $165.17 per share to $166.105 per share.
5. Sales at prices ranging from $166.115 per share to $166.99 per share.
6. Sales at prices ranging from $167.155 per share to $167.445 per share.
Dolores L. Skarjune by Chris T. Moore, Attorney-in-fact06/16/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR