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

GLOBE LIFE (GL) CEO receives stock grants and sells over 9,500 shares

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

Rhea-AI Filing Summary

GLOBE LIFE INC. Co-Chairman & CEO James Matthew Darden reported a mix of equity awards and stock sales. He received an employee stock option for 48,200 shares at an exercise price of $0.00 per share, first exercisable in two equal parts on 02-27-28 and 02-27-29. He was also granted 24,499 shares of common stock on 02-25-26 and 4,591 shares on 02-27-26. To cover tax obligations, 9,641 shares were disposed of at $144.15 per share. In open-market sales on 02-27-26, he sold 6,471 shares at an average price of $144.1381 and 3,056 shares at an average price of $144.7619, with sale prices ranging from about $143.56 to $145.15 per share. After these transactions, he directly held 53,860.4598 shares of common stock and 48,200 stock options, plus 4,185.585 shares held indirectly through a 401(k) plan.

Positive

  • None.

Negative

  • None.
Insider Darden James Matthew
Role Co-Chairman & CEO
Sold 9,527 shs ($1.38M)
Type Security Shares Price Value
Grant/Award Employee Stock Option (Right to Buy) 48,200 $0.00 --
Sale Common Stock 6,471 $144.1381 $933K
Sale Common Stock 3,056 $144.7619 $442K
Grant/Award Common Stock 4,591 $0.00 --
Grant/Award Common Stock 24,499 $0.00 --
Tax Withholding Common Stock 9,641 $144.15 $1.39M
holding Common Stock -- -- --
Holdings After Transaction: Employee Stock Option (Right to Buy) — 48,200 shares (Direct); Common Stock — 56,916.46 shares (Direct); Common Stock — 4,185.585 shares (Indirect, 401(k) Plan)
Footnotes (1)
  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 $143.56 per share to $144.485 per share. Sales at prices ranging from $144.50 per share to $145.15 per share. First exercisable as to 50% of shares 02-27-28 and as to remaining 50% of shares 02-27-29.
Form 4 Insider Transactions: What Each Field Means →
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*
Darden James Matthew
(Last) (First) (Middle)
GLOBE LIFE INC.
7677 HENNEMAN WAY
(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)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Co-Chairman & CEO
3. Date of Earliest Transaction (Month/Day/Year)
02/25/2026
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 02/25/2026 A 24,499 A $0 73,028.4598 D
Common Stock 02/25/2026 F 9,641 D $144.15 63,387.4598 D
Common Stock 02/27/2026 S 6,471 D $144.1381(1)(2) 56,916.4598 D
Common Stock 02/27/2026 S 3,056 D $144.7619(1)(3) 53,860.4598 D
Common Stock 02/27/2026 A 4,591 A $0 58,451.4598 D
Common Stock 4,185.585 I 401(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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (Right to Buy) $145.26 02/27/2026 A 48,200 (4) 02/27/2033 Common Stock 48,200 $0 48,200 D
Explanation of Responses:
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.
2. Sales at prices ranging from $143.56 per share to $144.485 per share.
3. Sales at prices ranging from $144.50 per share to $145.15 per share.
4. First exercisable as to 50% of shares 02-27-28 and as to remaining 50% of shares 02-27-29.
J. Matthew Darden by /s/ Chris T. Moore, Attorney- in-Fact 02/27/2026
** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did GL Co-Chairman & CEO James Matthew Darden report?

James Matthew Darden reported a combination of equity awards and share sales. He received stock options and common stock grants, sold shares in the open market, and disposed of shares to cover tax obligations related to those awards, all within a few days in late February 2026.

How many GLOBE LIFE (GL) shares did James Matthew Darden sell in this Form 4?

He sold 6,471 and 3,056 shares of common stock in open-market transactions, totaling 9,527 shares. In addition, 9,641 shares were disposed of to satisfy tax or exercise-related obligations, according to the filing’s transaction details and code F description.

What equity awards did James Matthew Darden receive from GLOBE LIFE (GL)?

He received an employee stock option covering 48,200 shares at an exercise price of $0.00, plus grants of 24,499 and 4,591 common shares. The option becomes exercisable as to 50% of the shares on 02-27-28 and the remaining 50% on 02-27-29.

At what prices were James Matthew Darden’s GL share sales executed?

Reported average prices were $144.1381 for 6,471 shares and $144.7619 for 3,056 shares. Footnotes state the actual trades occurred in ranges from $143.56 to $144.485 per share and from $144.50 to $145.15 per share, across multiple individual transactions.

How many GLOBE LIFE (GL) shares does James Matthew Darden hold after these transactions?

After the reported transactions, he directly held 53,860.4598 shares of common stock and 48,200 stock options. He also had an indirect position of 4,185.585 shares through a 401(k) plan, as reflected in the holding entry marked with indirect ownership.

What does the tax-withholding disposition in James Matthew Darden’s GL filing mean?

The transaction coded F represents a tax-withholding disposition, where 9,641 shares were delivered at $144.15 per share. This method uses shares, rather than cash, to pay exercise price or tax liabilities owed in connection with equity awards granted to the executive.