STOCK TITAN

GLOBE LIFE (NYSE: GL) EVP Skarjune exercises options and sells 1,850 shares

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

Rhea-AI Filing Summary

GLOBE LIFE INC. executive Dolores L. Skarjune reported a same-day option exercise and share sale. She exercised employee stock options for 1,850 shares of common stock at $103.23 per share, then sold 1,850 shares in an open-market transaction at $179.18 per share.

After these transactions, she directly holds 13,696.734 common shares and has an additional 2,899.424 shares held indirectly through a 401(k) plan. No remaining stock options are shown in this filing, indicating the exercised option grant was fully converted.

Positive

  • None.

Negative

  • None.

Insights

Routine exercise-and-sell by executive with sizable remaining stake.

Dolores L. Skarjune, EVP and Chief Administrative Officer of GLOBE LIFE INC., exercised employee stock options for 1,850 common shares at $103.23 and sold the same 1,850 shares at $179.18 per share. This is a classic exercise-and-sell pattern, converting an options position into cash.

Following the transactions, she still directly holds 13,696.734 common shares and 2,899.424 shares indirectly through a 401(k) plan. The derivative section shows no remaining options from this grant, suggesting a full exercise of that award. The sale size is modest relative to her remaining equity position, so the overall signal appears routine rather than thesis-changing.

Insider Skarjune Dolores L
Role EVP and Chief Admin. Officer
Sold 1,850 shs ($331K)
Type Security Shares Price Value
Exercise Employee Stock Option (right to buy) 1,850 $0.00 --
Exercise Common Stock 1,850 $103.23 $191K
Sale Common Stock 1,850 $179.18 $331K
holding Common Stock -- -- --
Holdings After Transaction: Employee Stock Option (right to buy) — 0 shares (Direct, null); Common Stock — 15,546.734 shares (Direct, null); Common Stock — 2,899.424 shares (Indirect, 401(K) Plan)
Footnotes (1)
Shares sold 1,850 shares Open-market sale of common stock
Sale price $179.18 per share Price for 1,850 common shares sold
Option exercise price $103.23 per share Employee stock option conversion price for 1,850 shares
Direct holdings after 13,696.734 shares Direct GLOBE LIFE common stock after transactions
Indirect 401(k) holdings 2,899.424 shares Common stock held through 401(k) plan
open-market sale financial
"transaction_action": "open-market sale""
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
"security_title": "Employee Stock Option (right to buy)""
derivative exercise/conversion financial
"transaction_action": "derivative exercise/conversion""
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.
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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Skarjune Dolores L

(Last)(First)(Middle)
C/O 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)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP and Chief Admin. Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/30/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock06/30/2026M1,850A$103.2315,546.734D
Common Stock06/30/2026S1,850D$179.1813,696.734D
Common Stock2,899.424I401(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Employee Stock Option (right to buy)$103.2306/30/2026M1,85002/23/202502/23/2029Common Stock1,850$00D
Explanation of Responses:
Dolores L. Skarjune by Chris T. Moore, Attorney-in-fact06/30/2026
** Signature of Reporting PersonDate
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)

FAQ

What insider transactions did GL executive Dolores Skarjune report?

Dolores L. Skarjune reported exercising employee stock options for 1,850 GLOBE LIFE INC. shares at $103.23 each and selling 1,850 common shares at $179.18. This converts an options award into cash through a same-day exercise-and-sell sequence.

How many GLOBE LIFE (GL) shares did the executive sell and at what price?

She sold 1,850 shares of GLOBE LIFE INC. common stock at $179.18 per share in an open-market transaction. This disposition matched the number of shares acquired from exercising employee stock options on the same date.

What stock options did the GLOBE LIFE executive exercise in this Form 4?

She exercised employee stock options covering 1,850 underlying GLOBE LIFE INC. common shares at a conversion price of $103.23 per share. The related option position shows zero remaining shares after exercise, indicating that specific grant was fully used.

What are Dolores Skarjune’s GLOBE LIFE share holdings after the transactions?

After these transactions, she directly holds 13,696.734 GLOBE LIFE INC. common shares. She also has 2,899.424 additional common shares held indirectly through a 401(k) plan, providing both direct and retirement-plan exposure to the company’s stock.

Does the GL Form 4 show any remaining stock options after the exercise?

The derivative section lists an employee stock option for 1,850 shares with a $103.23 exercise price and a zero balance after exercise. No additional derivative positions are shown, indicating this particular option grant was fully exercised in the reported transaction.