Was the GLOBE LIFE INC. (GL) insider transaction an open-market sale or tax-related disposition?

The filing describes the transaction as a tax-withholding disposition, not an open-market sale. Shares were delivered to satisfy tax liabilities on equity awards, as indicated by the Form 4 code F and its description.

How are indirect GLOBE LIFE INC. (GL) share holdings of Thomas Peter Kalmbach structured?

The Form 4 reports 1,145.789 GLOBE LIFE INC. shares held indirectly through a Thrift Plan Trust. This indicates ownership via a plan-related trust structure rather than direct personal registration of those specific shares.

Globe Life (GL) CFO uses 544 shares to cover tax withholding

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

GLOBE LIFE INC. Executive Vice President and CFO Thomas Peter Kalmbach reported a Form 4 showing a tax-withholding disposition of 544 shares of common stock on February 22, 2026 at $144.39 per share. This transaction satisfied tax obligations by delivering shares rather than representing an open-market sale. After this, he directly held 30,096.0728 common shares, and indirectly held 1,145.789 shares through a Thrift Plan Trust. A footnote notes 14.7118 dividend equivalent restricted stock units acquired on existing awards in 2025 and 2026.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Kalmbach Thomas Peter

Role EVP & CFO

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	544	$144.39	$79K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 30,096.073 shares (Direct); Common Stock — 1,145.789 shares (Indirect, Thrift Plan Trust)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

02/24/2026 - 06:29 PM

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^*

Kalmbach Thomas Peter

(Last)

(First)

(Middle)

GLOBE LIFE INC.

7677 HENNEMAN WAY

(Street)

MCKINNEY

75070

(City)

(State)

(Zip)

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 & CFO

3. Date of Earliest Transaction (Month/Day/Year)
02/22/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	02/22/2026		F		544	D	$144.39	30,096.0728⁽¹⁾	D
Common Stock								1,145.789	I	Thrift Plan Trust

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Includes 14.7118 dividend equivalent restricted stock units acquired on restricted stock units in 2025 & 2026.

	Thomas P. Kalmbach, By /s/ Chris T. Moore, Attorney-in-fact	02/24/2026
	** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did GLOBE LIFE INC. (GL) report for Thomas Peter Kalmbach?

GLOBE LIFE INC. reported that EVP & CFO Thomas Peter Kalmbach disposed of 544 common shares on February 22, 2026. The disposition was a tax-withholding transaction, using shares to satisfy tax obligations rather than an open-market sale.

At what price were the GLOBE LIFE INC. (GL) shares used for the tax-withholding disposition?

The 544 GLOBE LIFE INC. common shares were valued at $144.39 per share for the tax-withholding disposition. This price is used to determine the value of shares delivered to cover tax liabilities on related equity compensation.

How many GLOBE LIFE INC. (GL) shares does Thomas Peter Kalmbach hold after the reported Form 4 transaction?

After the transaction, Thomas Peter Kalmbach directly holds 30,096.0728 GLOBE LIFE INC. common shares. He also indirectly holds 1,145.789 shares through a Thrift Plan Trust, reflecting both direct and indirect ownership positions reported in the filing.

What additional equity units are mentioned in the GLOBE LIFE INC. (GL) Form 4 footnote?

A footnote states that holdings include 14.7118 dividend equivalent restricted stock units. These units were acquired on restricted stock units granted in 2025 and 2026, increasing the executive’s equity-based compensation position.