Globe Life EVP exercises options and sells 37,000 shares

GLOBE LIFE INC. executive Michael Clay Majors, EVP and Chief Strategy Officer, exercised employee stock options for 37,000 shares of common stock on 2026-07-29 at an exercise price of $103.23 per share and immediately received 37,000 shares.

Rhea-AI Filing Summary

GLOBE LIFE INC. executive Michael Clay Majors, EVP and Chief Strategy Officer, exercised employee stock options for 37,000 shares of common stock on 2026-07-29 at an exercise price of $103.23 per share and immediately received 37,000 shares. On the same date, he sold 33,500 shares at a reported price of $178.5613 per share, with footnotes stating actual sale prices ranged from $178.115 to $179.04 per share, and sold an additional 3,500 shares at a reported price of $179.3490 per share within a range of $179.05 to $179.665 per share.

Insider Trade Summary

Exercise and Sale: 37,000 shares ($2.79M approx. pre-tax spread)

Exercise and Sale 5 txns

Insider MAJORS MICHAEL CLAY

Role EVP - Chief Strategy Officer

Sold 37,000 shs ($6.61M)

Approx. gross sale proceeds $6.61M

Approx. exercise cost $3.82M

Approx. pre-tax spread $2.79M

Type	Security	Shares	Price	Value
Exercise	Employee Stock Option (Right to Buy)	37,000	$0.00	$0.00
Exercise	Common Stock	37,000	$103.23	$3.82M
Sale	Common Stock F1, F2	33,500	$178.5613	$5.98M
Sale	Common Stock F1, F3	3,500	$179.349	$628K
holding	Common Stock	--	--	--

Holdings After Transaction: Employee Stock Option (Right to Buy) — 0 contracts (Direct); Common Stock — 53,518.447 shares (Direct); Common Stock — 0 shares (Indirect, N/A)

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 $178.115 per share to $179.04 per share.
3. F3. Sales at prices ranging from $179.05 per share to $179.665 per share.

Key Figures

Options exercised: 37,000 shares Exercise price: $103.23 per share Shares sold (block 1): 33,500 shares +4 more

7 metrics

Options exercised 37,000 shares Employee Stock Option (Right to Buy) exercised on 2026-07-29

Exercise price $103.23 per share Exercise price of Employee Stock Options for 37,000 shares

Shares sold (block 1) 33,500 shares Common stock sold on 2026-07-29 in open-market or private transactions

Reported sale price (block 1) $178.5613 per share Price reported for 33,500-share sale; footnote range $178.115–$179.04

Shares sold (block 2) 3,500 shares Additional common stock sold on 2026-07-29

Reported sale price (block 2) $179.3490 per share Price reported for 3,500-share sale; footnote range $179.05–$179.665

Option expiration 2029-02-23 Expiration date of exercised Employee Stock Options

Key Terms

Employee Stock Option (Right to Buy), derivative security, open market or private transaction, indirect

4 terms

Employee Stock Option (Right to Buy) financial

"security_title: Employee Stock Option (Right to Buy)"

derivative security financial

"transaction_code_description: Exercise or conversion of derivative security"

A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.

open market or private transaction financial

"transaction_code_description: Sale in open market or private transaction"

indirect financial

"ownership_type: indirect; nature_of_ownership: N/A"

FAQ

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

What did Globe Life (GL) executive Michael Clay Majors report in this Form 4?

Michael Clay Majors reported exercising employee stock options for 37,000 shares of Globe Life common stock at an exercise price of $103.23 per share and selling those shares in open-market transactions on 2026-07-29.

How many Globe Life (GL) shares did Michael Clay Majors sell and at what prices?

He sold 33,500 shares at a reported price of $178.5613 per share and 3,500 shares at a reported price of $179.3490 per share. Footnotes state the actual sale prices fell within disclosed ranges around those reported prices.

What stock options did Michael Clay Majors exercise in Globe Life (GL)?

He exercised 37,000 Employee Stock Options (Right to Buy) for Globe Life common stock at an exercise price of $103.23 per share. These options had an original exercise date of 2025-02-23 and an expiration date of 2029-02-23.

Were Michael Clay Majors’ Globe Life (GL) trades under a Rule 10b5-1 trading plan?

The Form 4’s Rule 10b5-1 checkbox is not marked as a 10b5-1 plan transaction. There is no accompanying footnote stating that the reported option exercise and related stock sales occurred under a pre-arranged trading plan.

What is the overall direction of Michael Clay Majors’ Globe Life (GL) insider activity?

The reported activity shows an exercise-and-sale sequence: options covering 37,000 shares were exercised, and an equal number of common shares were sold in open-market transactions, resulting in a net-selling effect for the reported non-derivative shares.

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

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Available on EDGAR 07/30/2026 - 05:06 PM Accepted by SEC EDGAR 07/30/2026 - 05:05 PM 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^*

MAJORS MICHAEL CLAY

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP - Chief Strategy Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/29/2026

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	07/29/2026		M		37,000	A	$103.23	90,518.447	D
Common Stock	07/29/2026		S		33,500	D	$178.5613(1)(2)	57,018.447	D
Common Stock	07/29/2026		S		3,500	D	$179.349(1)(3)	53,518.447	D
Common Stock								0	I	N/A

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)	$103.23	07/29/2026		M			37,000	02/23/2025	02/23/2029	Common Stock	37,000	$0	0	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 $178.115 per share to $179.04 per share.

3. Sales at prices ranging from $179.05 per share to $179.665 per share.

	Michael C. Majors, By /s/ Chris T. Moore, Attorney-in-fact	07/30/2026
	** 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)