Globe Life CEO receives stock grants and options
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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (Right to Buy) | 48,200 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 4,591 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 24,499 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 9,641 | $144.15 | $1.39M |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. First exercisable as to 50% of shares 02-27-2028 and as to remaining 50% of shares 02-27-2029.
FAQ
What insider transactions did Globe Life (GL) report for Frank M. Svoboda?
How many Globe Life (GL) stock options were granted to Frank M. Svoboda?
When do Frank M. Svoboda’s new Globe Life (GL) options become exercisable?
What common stock awards did Globe Life (GL) grant to Frank M. Svoboda?
What indirect Globe Life (GL) holdings are associated with Frank M. Svoboda?
AI-generated analysis. How Rhea-AI works. Not financial advice.