Globe Life CEO sells 4,663 shares after option exercise

Globe Life Inc. Co-Chairman & CEO James Matthew Darden reported an option exercise and related share sale in company stock.

Rhea-AI Filing Summary

Globe Life Inc. Co-Chairman & CEO James Matthew Darden reported an option exercise and related share sale in company stock. On April 28, 2026, he exercised 4,663 Employee Stock Options at $100.74 per share and acquired the same number of common shares.

The same day, he executed an open-market sale of 4,663 common shares at an average price of about $153.88 per share, with sale prices ranging from $153.635 to $154.24. Following these transactions, he holds 58,451.4598 common shares directly and 4,185.5150 common shares indirectly through a 401(k) plan. He also retains 22,019 stock options after the exercise.

Insider Trade Summary

Exercise and Sale: 4,663 shares ($248K approx. pre-tax spread)

Exercise and Sale 4 txns

Insider Darden James Matthew

Role Co-Chairman & CEO

Sold 4,663 shs ($718K)

Approx. gross sale proceeds $718K

Approx. exercise cost $470K

Approx. pre-tax spread $248K

Type	Security	Shares	Price	Value
Exercise	Employee Stock Option (Right to Buy)	4,663	$0.00	$0.00
Exercise	Common Stock	4,663	$100.74	$470K
Sale	Common Stock	4,663	$153.8773	$718K
holding	Common Stock	--	--	--

Holdings After Transaction: Employee Stock Option (Right to Buy) — 22,019 contracts (Direct); Common Stock — 58,451.4598 shares (Direct); Common Stock — 4,185.515 shares (Indirect, 401(k) Plan)

Footnotes (2)

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 $153.635 per share to $154.24 per share.

Key Figures

Shares sold: 4,663 shares Sale price per share: $153.8773 per share Options exercised: 4,663 options +4 more

7 metrics

Shares sold 4,663 shares Open-market sale of common stock on April 28, 2026

Sale price per share $153.8773 per share Average price for 4,663 shares sold; range $153.635–$154.24

Options exercised 4,663 options Employee Stock Options exercised at $100.74 on April 28, 2026

Option exercise price $100.74 per share Conversion price for Employee Stock Option grant

Direct common shares after 58,451.4598 shares Direct ownership following the reported transactions

Indirect common shares after 4,185.5150 shares Indirect ownership via 401(k) Plan after transactions

Remaining stock options 22,019 options Employee Stock Options outstanding after the 4,663-option exercise

Key Terms

open-market sale, Employee Stock Option (Right to Buy), derivative security, 401(k) Plan

4 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)"

derivative security financial

"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.

401(k) Plan financial

"Indirect ownership reported through a 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 transactions did Globe Life (GL) CEO report on April 28, 2026?

Globe Life CEO James Matthew Darden exercised 4,663 stock options at $100.74 and sold 4,663 common shares in an open-market transaction at an average price near $153.88, according to the Form 4 filing.

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

The CEO sold 4,663 Globe Life common shares in the open market. Footnotes state the sales occurred at prices ranging from $153.635 to $154.24 per share, with an average transaction price of approximately $153.8773 per share.

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

James Matthew Darden exercised 4,663 Employee Stock Options with a conversion price of $100.74 per share. These options were originally exercisable beginning February 26, 2023, and were scheduled to expire on February 26, 2027, based on the Form 4 details.

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

After the April 28, 2026 transactions, the CEO holds 58,451.4598 Globe Life common shares directly. He also has 4,185.5150 additional common shares held indirectly through a 401(k) Plan, as reported in the Form 4 ownership tables.

Does the Globe Life (GL) CEO still hold stock options after this Form 4?

Yes. Following the option exercise of 4,663 shares, the Form 4 shows the CEO with 22,019 Employee Stock Options remaining. These options relate to rights to buy Globe Life common stock at the stated exercise price of $100.74 per share.

Was the Globe Life (GL) CEO’s transaction a net buy or net sell of shares?

The Form 4 reflects a net sale of 4,663 shares. While the CEO exercised options to acquire 4,663 shares, he also sold 4,663 shares in the open market, resulting in a net-sell share balance in the transaction summary.

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

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Accepted by SEC EDGAR 04/29/2026 - 02:59 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^*

Darden James Matthew

(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)
04/28/2026

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	04/28/2026		M		4,663	A	$100.74	63,114.4598	D
Common Stock	04/28/2026		S		4,663	D	$153.8773(1)(2)	58,451.4598	D
Common Stock								4,185.515	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	04/28/2026		M			4,663	02/26/2023	02/26/2027	Common Stock	4,663	$0	22,019	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 $153.635 per share to $154.24 per share.

	J. Matthew Darden by /s/ Chris T. Moore, Attorney- in-Fact	04/29/2026
	** 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)