Globe Life CEO exercises options, sells 10,000 shares

Globe Life Inc. Co-Chairman & CEO Frank M. Svoboda reported an option exercise and related share sales in company stock.

Rhea-AI Filing Summary

Globe Life Inc. Co-Chairman & CEO Frank M. Svoboda reported an option exercise and related share sales in company stock. He exercised 10,000 shares of common stock through employee stock options at a $100.74 exercise price per share.

On the same date, he executed open-market sales totaling 10,000 shares of common stock, including 8,720 shares at $153.6775 and 1,280 shares at $154.2262 per share, according to the filing footnotes. Following these transactions, he directly holds 55,300.4648 shares of Globe Life common stock.

The filing also lists indirect holdings in various trusts and plans, including 103,473 shares in a Family Trust and additional shares in an irrevocable trust, a spouse’s irrevocable trust, and a 401(k) plan as of the reported date.

Insider Trade Summary

Exercise and Sale: 10,000 shares ($530K approx. pre-tax spread)

Exercise and Sale 8 txns

Insider SVOBODA FRANK M

Role Co-Chairman & CEO

Sold 10,000 shs ($1.54M)

Approx. gross sale proceeds $1.54M

Approx. exercise cost $1.01M

Approx. pre-tax spread $530K

Type	Security	Shares	Price	Value
Exercise	Employee Stock Option (Right to Buy)	10,000	$0.00	$0.00
Exercise	Common Stock	10,000	$100.74	$1.01M
Sale	Common Stock	8,720	$153.6775	$1.34M
Sale	Common Stock	1,280	$154.2262	$197K
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Employee Stock Option (Right to Buy) — 55,000 contracts (Direct); Common Stock — 54,020.4648 shares (Direct); Common Stock — 103,473 shares (Indirect, Family Trust); Common Stock — 5,000 shares (Indirect, Irrevocable Trust); Common Stock — 26,425 shares (Indirect, Spouse's Irrevocable Trust); Common Stock — 1,955.294 shares (Indirect, 401(k) Plan)

Footnotes (3)

1. F1. 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. F2. Sales at prices ranging from $153.12 per share to $154.085 per share.
3. F3. Sales at prices ranging from $154.15 per share to $154.36 per share.

Key Figures

Shares sold: 10,000 shares Sale price (block 1): $153.6775 per share Sale price (block 2): $154.2262 per share +4 more

7 metrics

Shares sold 10,000 shares Common stock sold in open-market transactions on May 1, 2026

Sale price (block 1) $153.6775 per share 8,720 common shares sold in one transaction

Sale price (block 2) $154.2262 per share 1,280 common shares sold in second transaction

Options exercised 10,000 shares Employee Stock Options (Right to Buy) exercised

Option exercise price $100.74 per share Exercise price for 10,000 options on common stock

Direct holdings after transactions 55,300.4648 shares Direct Globe Life common stock owned after May 1, 2026 trades

Family Trust holdings 103,473 shares Indirect ownership in a Family Trust as of transaction date

Key Terms

open-market sale, Employee Stock Option (Right to Buy), Family Trust, Irrevocable Trust, +1 more

5 terms

open-market sale financial

"Sale in open market or private transaction"

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.

Employee Stock Option (Right to Buy) financial

"Employee Stock Option (Right to Buy)"

Family Trust financial

"nature_of_ownership": "Family Trust""

Irrevocable Trust financial

"nature_of_ownership": "Irrevocable Trust""

An irrevocable trust is a legal arrangement where an owner transfers assets into a separate entity managed by a trustee and gives up the power to modify or reclaim those assets. For investors it matters because putting stock or other holdings into such a trust can change who controls and benefits from the assets, affect taxes and creditor protection, and influence how easy it is to sell or value those holdings—like placing valuables in a locked safe overseen by someone else.

401(k) Plan financial

"nature_of_ownership": "401(k) Plan""

A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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

Globe Life reported that CEO Frank M. Svoboda exercised 10,000 employee stock options and sold 10,000 shares of common stock. The sales were open-market transactions at prices around $153–$154 per share, recorded on the same date as the option exercise.

How many Globe Life (GL) shares did the CEO sell and at what prices?

Frank M. Svoboda sold 10,000 Globe Life common shares in total. This included 8,720 shares at $153.6775 per share and 1,280 shares at $154.2262 per share, with footnotes indicating price ranges within those levels for individual trade lots.

How many Globe Life (GL) shares does the CEO hold after these transactions?

After the reported transactions, Frank M. Svoboda directly holds 55,300.4648 Globe Life common shares. The filing also shows separate indirect positions in multiple trusts and a 401(k) plan, which are recorded in addition to his directly owned shares.

What stock options did the Globe Life (GL) CEO exercise in this Form 4?

He exercised 10,000 Employee Stock Options (Right to Buy) for Globe Life common stock. These options had a stated exercise price of $100.74 per share and were originally scheduled to expire on February 26, 2027, based on the dates disclosed in the filing.

Does the Globe Life (GL) Form 4 show indirect holdings for the CEO?

Yes. The Form 4 lists indirect ownership of Globe Life common stock through several vehicles, including a Family Trust with 103,473 shares, an irrevocable trust, a spouse’s irrevocable trust, and a 401(k) plan, each shown with its own post-transaction share balance.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/04/2026 - 03:34 PM EDT Learn about SEC filing dates

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 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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Co-Chairman & CEO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/01/2026		M		10,000	A	$100.74	64,020.4648	D
Common Stock	05/01/2026		S		8,720	D	$153.6775(1)(2)	55,300.4648	D
Common Stock	05/01/2026		S		1,280	D	$154.2262(1)(3)	54,020.4648	D
Common Stock								103,473	I	Family Trust
Common Stock								5,000	I	Irrevocable Trust
Common Stock								26,425	I	Spouse's Irrevocable Trust
Common Stock								1,955.294	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)	$100.74	05/01/2026		M			10,000	02/26/2023	02/26/2027	Common Stock	10,000	$0	55,000	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 $153.12 per share to $154.085 per share.

3. Sales at prices ranging from $154.15 per share to $154.36 per share.

	Frank M. Svoboda, By: /s/ Chris T. Moore, Attorney-in-fact	05/04/2026
	** 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.
* Form 4: SEC 1474 (03-26)