Globe Life EVP granted options and stock awards
GLOBE LIFE INC. executive Robert Brian Mitchell, EVP, General Counsel and CRO, reported multiple equity awards and a related tax share disposition.
Rhea-AI Filing Summary
GLOBE LIFE INC. executive Robert Brian Mitchell, EVP, General Counsel and CRO, reported multiple equity awards and a related tax share disposition. He received an employee stock option grant for 12,600 shares at $0.0000 per share, first exercisable as to 50% of the shares on 02-27-2028 and the remaining 50% on 02-27-2029. He was also granted 9,394 shares of common stock and an additional 1,216 shares of common stock. To cover tax obligations, 3,697 common shares were disposed of at $144.1500 per share through a tax-withholding transaction. Following these transactions, he continues to hold common stock directly and also has indirect holdings through the Mitchell Family Trust, a Son's Trust, and a 401(k) Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (Right to Buy) | 12,600 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 1,216 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 9,394 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 3,697 | $144.15 | $533K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. First exercisable as to 50% of shares 02-27-2028 and as to remaining 50% of shares 02-27-2029.
FAQ
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