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Globe Life (GL) EVP gets stock option grants and settles tax with shares

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

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.
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*
MITCHELL ROBERT BRIAN

(Last) (First) (Middle)
GLOBE LIFE INC.
7677 HENNEMAN WAY

(Street)
MCKINNEY TX 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, General Counsel and CRO
3. Date of Earliest Transaction (Month/Day/Year)
02/25/2026
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)
Code V Amount (A) or (D) Price
Common Stock 02/25/2026 A 9,394 A $0 16,958.8271 D
Common Stock 02/25/2026 F 3,697 D $144.15 13,261.8271 D
Common Stock 02/27/2026 A 1,216 A $0 14,477.8271 D
Common Stock 39,042.3294 I Mitchell Family Trust
Common Stock 1,857.0037 I Son's Trust
Common Stock 12,608.407 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) $145.26 02/27/2026 A 12,600 (1) 02/27/2033 Common Stock 12,600 $0 12,600 D
Explanation of Responses:
1. First exercisable as to 50% of shares 02-27-2028 and as to remaining 50% of shares 02-27-2029.
Robert Brian Mitchell, By /s/Chris T. Moore, Attorney-in-fact 02/27/2026
** 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.

FAQ

What did Globe Life (GL) executive Robert Brian Mitchell report on this Form 4?

Robert Brian Mitchell reported several equity-related transactions, including stock option and common share grants plus a tax-withholding share disposition. These activities reflect routine executive compensation and related tax settlement rather than open-market buying or selling of Globe Life common stock.

How many stock options were granted to the Globe Life (GL) executive?

Mitchell was granted 12,600 employee stock options with a stated exercise price of $0.0000 per share. The options vest in two equal parts, becoming first exercisable on February 27, 2028, and the remaining 50% on February 27, 2029, subject to continued service conditions.

What common stock awards did Robert Brian Mitchell receive from Globe Life (GL)?

He received two separate grants of Globe Life common stock: one for 9,394 shares and another for 1,216 shares. These awards increased his direct ownership stake in the company as part of his overall executive compensation package disclosed in this Form 4 filing.

Why were 3,697 Globe Life (GL) shares disposed of in Mitchell’s Form 4?

The 3,697 shares of common stock were disposed of at $144.1500 per share to satisfy tax obligations. The transaction is coded “F,” indicating payment of exercise price or tax liability by delivering securities, rather than an open-market sale for investment purposes.

When do Robert Brian Mitchell’s Globe Life (GL) stock options become exercisable?

The 12,600 stock options become exercisable in two stages. Half of the options vest and are first exercisable on February 27, 2028, and the remaining half become exercisable on February 27, 2029, according to the footnote accompanying the grant.

What indirect Globe Life (GL) holdings are associated with Robert Brian Mitchell?

In addition to his direct holdings, Mitchell has indirect ownership of Globe Life common stock through three entities: the Mitchell Family Trust, a Son’s Trust, and a 401(k) Plan. These are reported as indirect interests, separate from his directly held shares.
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11.63B
79.05M
Insurance - Life
Life Insurance
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United States
MCKINNEY