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Globe Life (NYSE: GL) CFO gets option grant, shares withheld

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

Rhea-AI Filing Summary

Globe Life EVP & CFO Thomas Peter Kalmbach reported multiple equity awards and a related tax-share disposition. On February 27, 2026, he received an employee stock option for 18,500 shares at $0.00 per share, first exercisable as to half the shares on February 27, 2028 and the rest on February 27, 2029.

On the same date he was granted 1,738 shares of common stock. On February 25, 2026, he received an additional 9,762 shares of common stock and had 3,842 shares of common stock disposed at $144.15 per share to cover tax liabilities, leaving 36,016.0728 shares held directly afterward. He also reports indirect ownership of 1,146.485 shares through a 401(k) plan.

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Insider Kalmbach Thomas Peter
Role EVP & CFO
Type Security Shares Price Value
Grant/Award Employee Stock Option (Right to Buy) 18,500 $0.00 --
Grant/Award Common Stock 1,738 $0.00 --
Grant/Award Common Stock 9,762 $0.00 --
Tax Withholding Common Stock 3,842 $144.15 $554K
holding Common Stock -- -- --
Holdings After Transaction: Employee Stock Option (Right to Buy) — 18,500 shares (Direct); Common Stock — 37,754.073 shares (Direct); Common Stock — 1,146.485 shares (Indirect, 401(k) Plan)
Footnotes (1)
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Form 4 Insider Transactions: What Each Field Means →
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 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 & CFO
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 9,762 A $0 39,858.0728 D
Common Stock 02/25/2026 F 3,842 D $144.15 36,016.0728 D
Common Stock 02/27/2026 A 1,738 A $0 37,754.0728 D
Common Stock 1,146.485 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 18,500 (1) 02/27/2033 Common Stock 18,500 $0 18,500 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.
Thomas P. Kalmbach, 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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did Globe Life (GL) report for its CFO?

Globe Life’s EVP & CFO reported equity grants and a tax-share disposition. He received 18,500 stock options and two common stock awards, then had 3,842 shares withheld at $144.15 per share to satisfy tax obligations, reflecting routine executive compensation activity.

How many stock options did the Globe Life (GL) CFO receive?

The CFO received 18,500 employee stock options. These options were granted at a price of $0.00 per share and become exercisable as to 50% of the shares on February 27, 2028 and the remaining 50% on February 27, 2029, creating a multi-year vesting schedule.

What common stock awards did Globe Life (GL) grant to its CFO?

The CFO received two common stock grants totaling 11,500 shares. One award on February 25, 2026 covered 9,762 shares, and another on February 27, 2026 covered 1,738 shares, increasing his direct equity stake as part of his executive compensation package.

Why were 3,842 Globe Life (GL) shares disposed by the CFO?

3,842 shares were disposed to cover tax liabilities. On February 25, 2026, shares of common stock were delivered at $144.15 per share as payment of exercise price or tax liability, a common non-open-market transaction associated with equity awards.

How many Globe Life (GL) shares does the CFO hold after these transactions?

After the reported transactions, the CFO directly holds 36,016.0728 shares. This figure reflects his direct common stock ownership following the grants and the tax-withholding share disposition, providing insight into his ongoing equity exposure to Globe Life.

Does the Globe Life (GL) CFO have indirect share ownership through a plan?

Yes, the CFO reports indirect ownership via a 401(k) plan. A holding line shows 1,146.485 shares of Globe Life common stock held indirectly through a 401(k) plan, in addition to his directly owned shares and option awards.