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Globe Life (GL) CEO awarded options and stock, with tax shares withheld

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

Rhea-AI Filing Summary

GLOBE LIFE INC. Co-Chairman & CEO Frank M. Svoboda reported several equity awards and a related tax share disposition. On February 27, 2026, he received an employee stock option for 48,200 shares at an exercise price of $0.00, first exercisable as to 50% on 02-27-2028 and the remaining 50% on 02-27-2029. He also acquired 4,591 shares of common stock on February 27 and 24,499 shares of common stock on February 25, 2026 as grant or award acquisitions. Also on February 25, 9,641 shares of common stock were disposed of at $144.15 per share to satisfy tax withholding obligations, leaving 49,429.4648 shares of common stock held directly after these transactions. Additional common stock amounts are reported as indirect holdings in a family trust, a spouse's irrevocable trust, and a 401(k) plan.

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*
SVOBODA FRANK M

(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 59,070.4648 D
Common Stock 02/25/2026 F 9,641 D $144.15 49,429.4648 D
Common Stock 02/27/2026 A 4,591 A $0 54,020.4648 D
Common Stock 108,473 I Family Trust
Common Stock 26,425 I Spouse's Irrevocable Trust
Common Stock 1,951.13 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 (1) 02/27/2033 Common Stock 48,200 $0 48,200 D
Explanation of Responses:
1. First exercisable as to 50% of shares 02-27-2028 and as to remaining 50% of shares 02-27-2029.
Frank M. Svoboda, 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.

FAQ

What insider transactions did Globe Life (GL) report for Frank M. Svoboda?

Frank M. Svoboda reported equity awards and a tax-related share disposition. He received stock options and common stock grants, and some shares were withheld to cover tax obligations associated with these awards.

How many Globe Life (GL) stock options were granted to Frank M. Svoboda?

He was granted employee stock options for 48,200 shares at a stated exercise price of $0.00. These options represent rights to buy Globe Life common stock on a future schedule defined in the award terms.

When do Frank M. Svoboda’s new Globe Life (GL) options become exercisable?

The options become exercisable in two equal parts. Fifty percent of the 48,200 options vest on February 27, 2028, and the remaining fifty percent vest on February 27, 2029, according to the award’s footnote disclosure.

What common stock awards did Globe Life (GL) grant to Frank M. Svoboda?

He received two common stock awards classified as grant or award acquisitions. One grant was for 24,499 shares on February 25, 2026, and another was for 4,591 shares on February 27, 2026, both at a reported price of $0.00 per share.

Why were 9,641 Globe Life (GL) shares disposed of in Frank M. Svoboda’s filing?

The 9,641 shares of common stock were disposed of at $144.15 per share to satisfy tax withholding obligations. This disposition reflects payment of exercise price or tax liability by delivering shares instead of cash.

How many Globe Life (GL) shares does Frank M. Svoboda hold directly after these transactions?

After the reported transactions, he directly holds 49,429.4648 shares of Globe Life common stock. The Form 4 also lists additional indirect holdings through a family trust, a spouse’s irrevocable trust, and a 401(k) plan.

What indirect Globe Life (GL) holdings are associated with Frank M. Svoboda?

The filing reports indirect ownership of Globe Life common stock through three entities: a family trust, a spouse’s irrevocable trust, and a 401(k) plan. These are identified as indirect holdings, separate from his directly owned shares.
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11.63B
79.05M
Insurance - Life
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United States
MCKINNEY